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Mortgage applications rise 2.4% 7:32 AM CT (Dallas Morning News)  Mortgage applications in the U.S. rose 2.4 percent last week, led by gains in refinancing. The Mortgage Bankers Association's index of applications to buy a home or refinance a loan


Tax moves may ease mortgage crunch (Contra Costa Times)  If you read the newspapers, it looks like all hell is about to break loose when so many mortgages reset at higher interest rates this month. A recent news account


Home Builders' Stock Sales: Diversifying or Bailing Out?  Home builders have never had it so good. Low interest rates and creative financing have caused a frenetic pace of new-home construction across the country.read more...


New Century Subpoenaed, Faces Delisting   Subprime mortgage lender New Century Financial Corp.'s problems deepened Tuesday as the New York Stock Exchange took steps to delist its shares and the company disclosed a federal prosecutor in


Mortgage rate lowest since early April (Tulsa World)  The nation's benchmark mortgage rate has fallen for the seventh time in eight weeks, hitting its lowest level since early April.read more...


Women happier than men after divorce, study shows  Women are far more likely than men to come out of divorce feeling liberated, relieved and happy, a study has shown.via

April 26th, 2007

Study says bankruptcies rise among Americans over 55

Americans over the age of 55 are filing for bankruptcy at a faster rate than the general population, as growing mortgage debt and higher health-care costs make them more vulnerable, a new study shows. via The Tennessean



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