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Inheriting a Tax Quandary    Q: Twenty years ago, my mother placed my name on the deed to her house to avoid tax issues when she died. Will the Internal Revenue Service treat this


Delta Financial prices mortgage bundle (CNN Money)  The security is backed by $900 million in mortgage loans; company says pricing less favorable than in past quarters.read more...


30-Year Mortgage Rates Drop (Washington Post)  WASHINGTON -- Mortgage rates fell sharply this week with rates on 30-year mortgages dropping to the lowest level in more than two years. read more...


North Harford High To Open After Labor Day  North Harford High School, currently involved in a $52.7 million modernization/addition project, will open for students on Tuesday, September 6 - five school days later than the August 29 opening


Reverse mortgage pros and cons (Greeley Tribune)  If you're at least 62 and own a home with significant equity, you have an opportunity to turn that equity into tax-free cash without having to move or make a


The Bank of Mom and Dad can offer daughter a mortgage (Los Angeles Times)  Question: Our 25-year-old daughter has just landed her first job in New York City. Her pay is dismal, but she has about $80,000 for a down payment on a condominium

December 3rd, 2007

Paulson: Deal Near on Plan to Freeze Mortgage Rates

WASHINGTON | Treasury Secretary Henry Paulson said Monday an agreement was near on a proposal to help thousands of at-risk homeowners avoid foreclosures by temporarily freezing their mortgage rates. more»



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