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Household bills are larger than mortgage payments (Independent)  Utility and council tax bills have overtaken mortgage payments as the largest cost burden for homeowners for the first time.read more...


Buying and selling a home poses special challenges for parents  "We don't have the greatest closet space, and it's hard when you have so much stuff" A family room off the kitchen. A level yard where the kids can


Mform and Intelligent Finance Link Up to Offer Quick Mortgage Decisions (RedNova)  By Rosemary Gallagher EDINBURGH-BASED online mortgage arranger Mform is pioneering direct internet mortgage applications through a partnership with HBOS-owned Intelligent Finance, also located in the Scottish capital.read more...


Banks warned they must scale back on payment-option mortgages  From today's Chronicle, "Federal financial regulators appear to be on the verge of reining in one of the most popular "affordability" mortgages in hot housing markets nationwide -- loans that


Mortgage lenders slow to home in on rates cut (Edinburgh Evening News)  MAJOR mortgage lenders are being slow to pass on last week's interest rate cut to their customers.read more...


Trees That Stand Up to Storms  After her 100-foot ash splits in two and plummets to the ground, June Fletcher contemplates a sturdy replacement.read more...

August 3rd, 2007

Mortgage borrowers in turmoil as lenders cut off riskier loans (Market Watch)

CHICAGO (MarketWatch)—Some nontraditional mortgage loans have vanished from lenders’ menus, while others have gotten more expensive during an eventful week for those in the mortgage industry.

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