Local homebuyers choosing risky loans Last year, 58 percent of Bakersfield homebuyers took out adjustable-rate mortgages, a risky path to ownership that has industry observers worried.read more...
Banks allow victims to hold off from making mortgage payments (The Daily Comet) With tens of thousands of homeowners in four states displaced by Hurricane Katrina, some banks and finance companies are allowing customers to forgo monthly mortgage payments for 90 days without
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Pair gets chance to design, build 'perfect home' Dana Pahud, her husband and their young children "weren't looking for a new home per se," Dana said, but building their home just the way they wanted it had always
Carpetright boosted by property market recovery CARPETRIGHT, Britain's biggest carpet seller, said it had seen sales of floorcoverings rise in the third-quarter on the back of the recovery in the property market.read more...
State sets up foreclosure task force A special task force has been formed to look at ways to cut down on home foreclosures in Ohio, which has among the highest rates in the nation.Commentread more...
Big problems in the mortgage industry are hitting homeowners hard.
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on Friday, August 10th, 2007 at 12:21 am and is filed under Mortgages.
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