Reverse Mortgage Programs One Way to Help Boomers
WASHINGTON - How are baby boomers who are still carrying hefty first and second mortgages going to pay them off?
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Regulators warn of alternative mortgages Non-traditional mortgages offering lower initial payments, which federal regulators say are leaving homeowners in bigger debt, soon may be harder to get.read more...
Fla.'s Economic Fix Running Late TALLAHASSEE | Florida's recovery from an economic crunch driven by the slumping housing market will take longer than previously forecast, state economists said. more» read more...
Analyst says Citi, Merrill, JPM face bigger write-offs "It will be a couple of quarters before the current credit crisis is fully digested by the markets" Citigroup , Merrill Lynch and JPMorgan Chase may face larger fourth-quarter
Mortgage Applications Hit Two-Month High (CBS News) With interest rates falling, the number of mortgage applications rose last week to its highest level in two months, the Mortgage Bankers Association reported.read more...
Housing prices up, but sales go down (Reg Req'd) Bay Area housing costs advanced in August, but sales declined for the second consecutive month and many observers believe the long-running price ascent will soon slow or reverse.read more...
Refinancing continues in U.S. U.S. home owners keep refinancing their properties, despite higher interest rates, a big mortgage lender said Wednesday.read more...
July 20th, 2007
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