Types Of Bankruptcy

Wave of New Urbanism Engulfs Texas Coast  New communities are being built in Texas, from Galveston to South Padre Island. The projects reflect a push to develop the state's coast, while subprime woes have cooled coastal markets


Going With The Flow  "The project is inherently about the space between the site's topography and its architectural forms," Suyama says.Commentread more...


Shop around for the best mortgage deal (Seattle Times)  For most would-be borrowers, the challenge is not in finding a mortgage lender, but in sorting through the throngs of banks, online lenders...read more...


Mortgage approvals drop points to housing gloom (Reuters via Yahoo! UK & Ireland News)  Mortgage approvals for house purchases fell in March to their lowest level since comparable records began, suggesting a housing market downturn is gathering pace.read more...


Tactics for Creating 'House Lust,' Renting When You Can't Sell  In this week's survey of real-estate news, we look at how model homes are being used to lure buyers, why Miami homeowners are leasing their homes instead of selling, a


Despite Fed's action, mortgage rates not dropping (Sun-Sentinel)  Fed's cuts haven't reduced rates on home mortgages South Floridians are inundating lenders and mortgage brokers with requests to lower their house payments, reacting to the Federal

December 22nd, 2007

Avoid adjustable-rate mortgage shock (Deseret Morning News)

If you have an adjustable-rate mortgage, you need to monitor closely what may happen to your rate at the next adjustment. Compare your new payments with those you would qualify for on a fixed-rate loan, and then calculate how long it would take for your monthly savings to make up for closing costs and any prepayment penalties.

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