DAVID MYERS: Shorter mortgage is better, but payments might be steep (Detroit Free Press) Dear David: We have been visiting different lenders and mortgage brokers to get a new home loan. Most of them have just been giving us quotes for their 30-year mortgages,
Freddie Mac 2005 Earnings Drops to $2.1B Mortgage finance giant Freddie Mac, emerging from an accounting scandal, reported Tuesday that its income slid to $2.1 billion last year from $2.9 billion in 2004 as it paid to
Leading Index Up 0.1 Pct in November A gauge of future economic activity advanced 0.1 percent in November, suggesting that the U.S. economy will continue to expand modestly in coming months, an industry-backed research group said Thursday.Commentread
Rate Trend Index -- Mortgages Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages -- a vital tool if you're about to buy a home.read more...
A Model Remodel Adding to or rebuilding your house is never much fun, but it doesn't have to be torture, either.read more...
Getting a Mortgage with Bad Credit (Advocate Tribune) (ARA) - Having bad credit is not the end of the world and it's not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the
During his 19 years as a real estate agent, Fudgy Brabham, owner and broker-in-charge of Harbourtowne Real Estate in Mount Pleasant, has seen market trends come and go. But one constant during that time has been a common misconception among some homebuyers that when “the Fed” tinkers with the interest rate, as it has done three times this year, mortgage rates will follow suit.
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