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Home prices soar (Reg Req'd)  U.S. home prices jumped by 13.6 percent in the second quarter, the biggest jump since a 15.3 percent gain in the third quarter of 1979.read more...


Free market is rarely unfettered  To many people, merely raising the question is blasphemy. As Churchill said of democracy, a market economy is the worst system - except for all the others.via


Moreno Valley experienced similar mortgage crisis in 1990s (The Press-Enterprise)  The spike in mortgage defaults and foreclosures has sent shudders through an Inland region that experienced another housing crisis more than a decade ago.read more...


There is more to your mortgage than the Interest Rate It is not simply a mortgage, (Landmark)  There is more to your mortgage than the Interest Rate ?It is not simply a mortgage, it is the key to .nancial independence.? Bryan J. Larson Mortgage Banker Email blarson@sherwoodmortgage.com


Another way to obtain a lower mortgage payment -- 40-year plan (Reno Gazette-Journal)  There is a relatively new option if you are looking for a lower monthly mortgage payment. A recent article described interest-only mortgage loan programs as one way to lower your


Affordable Housing    Marian Siegel, executive director of Housing Counseling Services, Inc. (HCS), fields questions and comments about housing counseling, training, and advocacy for low- and moderate-income homebuyers, homeowners, and tenants in

May 11th, 2007

A ‘No-Fee’ Mortgage That Might Be for Real (Washington Post)

Home loan industry competitors are searching for hidden gimmicks, but Bank of America insists that its “no-fee mortgage plus” plan announced this week delivers exactly what the name implies—without raising interest rates to applicants.

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