Why Mortgage Life Insurance is Not a Good Idea (Benton Evening News) (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds
Mortgage accelerator uses buyer's paycheck to cut debt (Pittsburgh Post-Gazette) A different type of mortgage, called a mortgage accelerator loan, has migrated to the United States. It uses home equity borrowing and the borrower's paycheck to shorten the time until
Home building costs soar NEW home buyers in Australia will have to find at least $11,000 more to build a home than they did at the same time last year as building costs spiral.read
Wilbur Ross Sees Mortgage Market Rising in Subprime Debt's Wake (Bloomberg.com) Oct. 15 (Bloomberg) -- Wilbur Ross, the billionaire who specializes in resurrecting failed companies, is betting the U.S. mortgage market will rise from the dead.read more...
U.S. MBA's Mortgage Applications Index Dropped 11% Last Week (Bloomberg.com) Sept. 24 (Bloomberg) -- Mortgage applications in the U.S. fell last week as higher borrowing costs and tougher lending rules hurt purchases and refinancing.read more...
National mortgage woes shaking even stable ground (Sentinel & Enterprise) A growing mortgage crisis has shaken Wall Street and prompted nationwide concern that even borrowers with good credit will struggle to find loans and mortgages.read more...
LOS ANGELES ? Analysts predict that the worse is yet to come in mortgage woes as both prime and subprime borrowers? monthly payments increase particularly for those with barely any documentation on their adjustable-rate loans or those who on their first mortgages used ?piggyback? loans to offset minimal down payments.
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