New rage in mortgages is a roll of the dice
Soaring real estate prices that astound even veteran mortgage lenders are driving more home buyers and investors to embrace a type of loan that barely existed a few years ago.
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ARMs May Cost More in the Near Future Posted Dec 31st 2005 10:47AM by Christi Lundquist ARMs have gotten a lot of attention over the past few years, especially for first-time home buyers, which just may have fueled
Into the Great Beyond Of Mortgage Lending (St. Petersburg Times) The total volume of mortgages in St. Petersburg increased fourfold in January-March 2007, according to managers of Gorodskoi Mortgage Bank. Reporting on the bank performance they were confident in expanding
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Dow loses over 280 points on mortgage, credit fears (AFP via Yahoo! News) The leading Dow Jones Industrial Average plunged over two percent Friday as US stock markets suffered a battering from mortgage- and credit-related woes.read more...
EBay eyes international markets From his home in Shanghai, China, Wang Yun runs a business selling stamps and coins to customers globally.via
Consumers likely to drag on bank earnings The nation's bankers are starting to worry about the financial health of the American consumer.read more...