Why rate cuts won't fix the mortgage market (San Jose Mercury News) WHY RATE CUTS WON'T FIX THE MORTGAGE MARKET Federal Reserve lubricates credit markets The Fed's unexpected move to cut short-term interest rates by a half-point last Tuesday injected capital into
Spring clean your home finances Getting rid of worthless junk while sprucing up and reorganizing your financial affairs are just as important as giving your physical house an annual going over.read more...
Bankrate: Mortgage Rates Now Highest Since April (Builder Online) NEW YORK, Aug. 4 /PRNewswire-FirstCall/ -- Mortgage rates increased for the fifth consecutive week and are now the highest since the week of April 13. The average 30-year fixed rate
Denish and mortgage group team up to prevent foreclosures (BizJournals) A new public awareness campaign to educate and offer assistance to home owners having trouble paying a mortgage will start soon and run through September.read more...
Investigate ahead of time to avoid being scammed Aspiring homeowners can take certain precautions against losing their shirts -- or a whole lot more -- to a crooked contractor.read more...
Why Mortgage Life Insurance is Not a Good Idea (Benton Evening News) (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds
When Domenico Colombo saw that his monthly mortgage payment was about to balloon by 30 percent, he had realized how bad it could get. His payment was scheduled to surge by an extra $1,500 in December. With his daughter headed to college next fall and tuition to be paid, he feared ending up like so many neighbors in Fort Lauderdale, Fla., who defaulted on their mortgages and whose homes are in …
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