Types Of Bankruptcy

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Average mortgage interest rate rises to NIS 4.29% (Globes Online)  The average mortgage interest rate is now higher than in April 2005.read more...


Existing home sales drop again in August  "Once we get through these disruptions, we'll get a better sense of where the actual market is in late fall as conditions begin to normalize" Signs stand sentry outside


Nationwide Building Society makes changes to mortgage product range (Banking Business Review)  Nationwide Building Society has announced certain changes to its mortgage product range, which include the reduction of fixed rates by up to 0.20%, effective August 28, 2008.read more...


South Florida mortgage firms lay off hundreds of workers as home sales plunge (Sun-Sentinel)  About 800 have been let go as lenders cut operations The dramatic collapse of the nation's mortgage markets has hit home in South Florida, with almost 800


St. Timothy's Prepares for Botswana Mission  The Rev. Kedron Jarvis of St. Timothy's Episcopal Church joined Habitat for Humanity International volunteers from across the country last July to travel to Fiji with and build a house

July 6th, 2007

A Dangerous Combination: Rising Debt and Falling Housing Prices

The wonderful world of leverage has lifted homeownership to near-record levels, and we thump our chests with pride at the prosperity and middle-class life that possessing a home implies. Hovering in the background, however, is a glaring statistic: Never before have homeowners actually had such a…



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