Don’t get stung: Know thy mortgage (Bankrate.com via Yahoo! Finance)
Not knowing your mortgage terms can bring a nasty surprise when it comes time to sell or the interest rate adjusts.
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County tops list for overpriced housing Homes in Santa Barbara County are overvalued by 69 percent and the region faces the greatest risk in the nation for price declines, a new study found.read more...
(AFX UK Focus) 2006-01-03 10:40 GMT: UK Q3 mortgage equity withdrawal drops to 8.3 bln stg from 10.0 bln in Q2 UPDATE (Interactive Investor) LONDON (AFX) - UK mortgage equity withdrawal fell to 8.3 bln stg in the third quarter of 2005 from a revised 10.0 bln in the second, figures from the Bank
Does Fed cut mean lower mortgage rates? The Federal Reserve cut the target for the federal funds rate by a quarter-point this week, but what that means for mortgages is uncertain.read more...
Houses languish on market If you just sold or are trying to sell a house in the Metro Detroit area, tell us what community and how long it was/is on the market.read more...
Grapevine man sentenced for mortgage fraud (BizJournals) A Grapevine man accused of working with seven other defendants to defraud mortgage lenders and financial institutions was sentenced to 51 months in federal prison and ordered to pay $2.7
Federal grants to ease access to affordable housing Money will help with purchases, home repairs Home ownership or rehabilitation for local low- and moderate-income residents may be now within reach.read more...