Choose your option ARM well The common denominator: They offer a cut-rate payment option that eventually can leave the homeowner owing more than was borrowed.read more...
Merrill Lynch buys mortgage business (AP via Yahoo! News) The brokerage Merrill Lynch announced Tuesday that it plans to acquire the mortgage business of Cleveland-based National City Corp. for $1.3 billion.read more...
Steep fall in mortgage lending (FT.com via Yahoo! News) Lenders' struggles to raise funds and the growing gloom over house prices drove gross mortgage lending to its lowest level since May 2005 last month, figures from the Council
Deciding Which Comes First: Buying or Selling Buy first or sell first? For homeowners contemplating a move, it's one of the most vexing questions. read more...
Wine-Theft Fears Turn Cellars Into Fortresses At a time when rare vintages can sell at auction for more than $125,000, some wealthy collectors are installing elaborate security systems with alarm systems, high-tech locks and radio tags
RBC Centura announces doubling of mortgage volume (BizJournals) RBC Centura expects to nearly double its mortgage origination-volume to more than $1 billion this year, the bank announced Thursday.via
"Well, I’ve done what I wanted to do for 40 years and you’ve always been supportive of me. If this is really what you want to do, then you should do it."
Trieste is a city in Italy, and it’s also the name of Diane Young’s home decorating store in the West Glen Town Center. via Des Moines Register
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