Types Of Bankruptcy

Call for RBA to slash rates next month  THE Reserve Bank of Australia may need to cut its official cash rate by a half percentage point next month to make an impression on mortgage rates, an economist at


MORTGAGE TERMS YOU SHOULD KNOW (Akron Beacon Journal)  MORTGAGE TERMS YOU SHOULD KNOW Mortgagor: The borrower. Mortgagee: The lender. ARM (Adjustable rate mortgage): A loan in which the interest rate may fluctuate, increasing or decreasing, during the course


University students in Halifax build house made of thousands of phone books  Thousands of extra phone books are recycled every year, but some architecture students at a Halifax university had a better idea: they used more than 7,000 of them to build


Don't Put Away That Yawn-o-Meter Just Yet  IT'S August. It's time for a doldrums check. The price of an ounce of gold, which has risen 60 percent since the end of 2000, is up just 1.7 percent


Reverse mortgages gain traction (Reg Req'd)  Home improvements: tapping into the equity in one's home can provide cash relief, but the debt can quickly mount.read more...


Watermelon House   "We love color," said Tom Healy, flashing metallic blue toenails. read more...

April 23rd, 2007

Five steps to prevent big mortgage trouble (Market Watch)

NEW YORK (MarketWatch)—Having mortgage troubles? You’re not alone. According to data compiled by Equifax, mortgage delinquency rates hit an all-time high in the first quarter of 2007: 2.87% of all mortgages were in default—surpassing even the highest levels since the 2001 recession.

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