U.S. Stocks Rise on Bush Mortgage-Aid Plan; Countrywide Gains (Bloomberg.com)
Aug. 31 (Bloomberg)—U.S. stocks rallied, led by bank shares, on President George W. Bush’s plan to curb mortgage defaults and stem losses in credit markets.
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Mortgage insurer back on market after two years (Liverpool Echo) A MORTGAGE payment insurance provider that changed hands for £36m less than two years ago is reported to be back on the market. Southport-based Paymentshield is a wholesale mortgage insurance
To pay or not to pay off your mortgage (USA Today) Low mortgage rates over the past few years have fueled a wave of refinancings. Some of us have borrowed against our home's equity or extended the payoff periods to lower
Like mortgage approvals fall in March (Reuters via Yahoo! UK & Ireland Finance) Mortgage approvals fell 12 percent in March from a year earlier to 75,098, data showed on Monday, suggesting the housing market may be starting to cool in response to recent
New mortgage program starting (BizJournals) "Home at Last," a new mortgage financing initiative in Wichita that supporters say will increase homeownership in Wichita, is being rolled out.via
Federal Reserve's decision is good for housing The recent decision by the Federal Reserve's Federal Open Market Committee not to raise the federal funds rate for the 18th straight time indicated that the Federal Reserve recognizes the
It's Too Easy To Turn Home Into an A.T.M. THE other day I received yet another teaser letter with a simulated credit card glued to it.read more...