One-year refinancing doesn’t make sense
You won’t get back enough to make up for the closing costs, says Dr. Don.
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LIC Housing to launch reverse mortgage loan (The Hindu) HYDERABAD: LIC Housing Finance will roll out the reverse mortgage loan next month as it sees a huge potential for this new business opportunity. Disclosing this at a press conference
Region 9 gets fresh start Samuel Staples Elementary School students will arrive at their new $31.5 million home on Morehouse Road on Aug.read more...
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Stuttgart Daily Leader) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
House prices keep rising Housing prices in Southwest Florida continued to jump during the past quarter, but fewer houses changed hands in Sarasota and Manatee counties than last year.read more...
GE to buy PHH for $1.8b and sell mortgage unit (Boston Globe) NEW YORK -- General Electric Co.'s commercial-finance division has agreed to buy PHH Corp. for $1.8 billion and then sell the company's residential-mortgage division to Blackstone Group LP.read more...
State pension below 50pc The state pension will no longer provide the majority of pensioners' incomes by next year, according to a report out today.read more...