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Taxpayer will give £1bn to help first-timers get a mortgage (Telegraph.co.uk) Up to £1 billion of taxpayers' money is to be spent subsidising mortgages to help first-time buyers own their home, Gordon Brown is to announce.via
Refinancing great -- if money used smartly Here's a surprising and somewhat disturbing statistic released last week by the Mortgage Bankers Association: Refinancing accounted for a whopping 44.8 percent of all mortgage applications last week.read more...
Monday Edition: Improving/Worsening Beaches Last week, there were dueling reports out on the quality of our nation's beaches.read more...
First Magnus execs plan new mortgage firm (Arizona Daily Star) Executives from the bankrupt First Magnus Financial Corp. are starting a new mortgage company, corporate filings show.read more...
Reverse mortgage group changes code (AAP via Yahoo!7 News) The industry association representing reverse mortgage suppliers has changed its code of conduct to strengthen its "no negative equity guarantee" provision.read more...
Tide Starts to Turn for Prospective Buyers read more...