Types Of Bankruptcy

Falling housing prices give a gloomy outlook   San Francisco -- Springtime usually means good times in the housing industry, but this year it's threatening to become a grim season of reckoning. via Springfield News Leader read


Calif. Foreclosures Hit 20-Year High  "We think depreciation is the main culprit" Foreclosures reached a 20-year high in California during the fourth quarter of 2007 as a growing number of homeowners fell behind on


Need to keep house payments low? Try a 50-year mortgage (WKYC Cleveland)  Need to keep house payments low? Try a 50-year mortgageread more...


Home Permits Still off  KISSIMMEE - There's been so much negative news recently about real estate - everything from sky-high inventories of homes on the market to rising foreclosure rates and problems with sub-prime


Bulls crave more calm as Fed in focus  "Wall Street is banking on a mid-cycle slowdown that was expected but could get worse, suggesting that the Fed may want to lower the fed funds rate" Wall Street


Put a Lid on Rising Mortgage Payments (Sleepy Eye Herald Dispatch)  (ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?read more...

August 13th, 2007

Burdening Your Retirement With A Mortgage (Investopedia)

One of retirement’s great promises is the thrill of kissing that monthly mortgage payment goodbye. But don’t start puckering up just yet. Lately, there has been a shift in thinking that has seen many financial planners suggest that retirees continue to carry a mortgage into and throughout retirement.

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