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July mortgage approvals unexpectedly strong (Reuters via Yahoo! UK & Ireland News)  Mortgage approvals for house purchases were stronger than expected in July, wrongfooting analysts who had expected a fall, according to Bank of England data on Thursday.read more...


Tour de Force  Many folks think the world revolves around them. And financial experts agree. read more...


S&P Downgrades $3.68B in Mortgage CDOs (AP via Yahoo! Finance)   Standard & Poor's Ratings Services on Thursday downgraded $3.68 billion in investments backed by home loans as mortgage credit quality disintegrates, the ratings agency said Thursday.read more...


After 10 years, ECB vigilant over Europe   The European Central Bank celebrates its 10th birthday Monday with its reputation burnished by a steadfast stance on interest rates and quick action to supply banks with cash during the


Old habits can spread around misery  A couple of months ago, when Gwen the Beautiful and I were over at Doug the Dog Breeder's house, he and his wife Anita introduced us to Dora, a young


Accelerated construction boom continues  Growth in the new home construction industry continued to accelerate in the first half of 2005, despite cost increases for land, materials and labor.via

June 19th, 2007

Refinancing to make ends meet

If you’re selling the house in one year, it doesn’t make much sense, says Dr. Don.

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