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Mortgage rates drift slightly higher  The benchmark 30-year fixed rate rose 0.01 percent to 6.29 percent in Bankrate's weekly national survey.read more...


Stocks in U.S. Rise as Coca-Cola, Texas Instruments Profits Top Estimates  U.S. stocks advanced as earnings from companies such as Coca-Cola Co. and Texas Instruments Inc.via


First-time home buyers sought for free seminar in Maywood  A free First Time Home Buyers Seminar is scheduled for Saturday by Housing Helpers, Inc., a local nonprofit housing-development organization, the village of Maywood and GMAC Mortgage Corp.via


How to Control a Threatening Owner  Q. A resident in our condominium is creating serious problems with threats. He has threatened many of our children and adults to the point of saying he has a gun


Stocks in U.S. Climb on Core Price Data; Citigroup, Alcoa Shares Advance  U.S. stocks rose after a report on consumer prices suggested the economy can sustain its growth without sparking inflation and oil prices dropped below $48 a barrel.via


Norwegian crook makes $32,000 by renting out apartment he broke into  An enterprising Norwegian found a way to turn a tidy profit on Oslo real estate by renting out a nice apartment in a popular part of town.via

July 7th, 2007

Plan a mortgage-burning party (The Record)

I wondered: Could this be possible? The direct-mail solicitation claimed that we could shave years off the life of our 30-year mortgage and save thousands of dollars in interest by making half our mortgage payment every two weeks instead paying once a month. Of course, there was a fee.

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