Real estate columnist Elizabeth Razzi responds to a question submitted in a recent online chat.
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Freddie offers new mortgage option to finance housing (Westchester County Business Journal) The Federal Home Mortgage Corp. unveiled a new multifamily mortgage option for select loans and borrowers that could significantly reduce the lease-up occupancy requirements, extend the rate-lock option and increase
IL&P in line after home lending surge Irish Life & Permanent has said its earnings for this year will be in line with expectations, boosted by strong lending growth.read more...
Outlook for 2007: Keep a Close Eye on Inflation and the US Consumer, says Fidelity International The long-term economic and equity market outlook for India remains favourable and while inflation needs to be monitored closely, economic growth is likely to remain on track at around 8%
Chrysler Plans to Lease Factory Chrysler is crafting an unconventional pact to lease part of an Indiana transmission plant and some employees to a Canadian company.read more...
Senate panel refuses to investigate Jerry Cooper A Senate ethics panel decided Wednesday not to investigate Sen. Jerry Cooper for possible ethical violations.read more...
Reverse mortgages not for everyone Reverse mortgages are popular, but they can reduce the options of some homeowners, says Dr. Don Taylor.read more...