Veteran’s Web Hot Spot Not for Sale
WESLEY CHAPEL | It’s as if Steve Lecarpentier owns a prime piece of real estate on a busy corner in a thriving metropolis. A perfect spot for a business. more»
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Mortgage rates fall to three-month low on Fed decision (CNNMoney.com via Yahoo! Finance) Mortgage rates fell for the third straight week, with fixed-rate mortgages hitting their lowest level in about three months, helped in part by the Federal Reserve's pause in its
Go Green at Home Without Going Broke Over 90% of registered voters would be willing to pay $5,000 more for a home that's easier on the environment, according to a new poll. But they may not have
Buy or rent? Neither! Stay with parents Young adults should get a feel for the housing market and settle into a job before making a big financial commitment, says Real Estate Adviser Steve McLinden.read more...
Mortgage-finance giants could threaten U.S. credit rating: Report (Toronto Star) WASHINGTON?A deep recession could force mortgage-finance titans Fannie Mae and Freddie Mac to require a federal bailout large enough to hurt the U.S. government's top-grade credit rating, Standard & Poor's
Interest-only mortgage deja vu That last craze for interest-only mortgages craze ended with a Depression-era wave of foreclosures. The new variety of this loan is even riskier, says Jack Guttentag, the Mortgage Professor.via
How ratings firms' calls fueled subprime mortgage meltdown (St. Louis Post-Dispatch) In 2000, Standard & Poor's made a decision about an arcane corner of the mortgage market. It said a type of mortgage that involves a "piggyback," where borrowers simultaneously take
November 12th, 2007
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