Keepin' Up With the Joneses Historically low interest rates have driven one of the biggest home-buying booms the United States has ever seen.Commentread more...
Under the Radar: Will regulators sweep the legs out from option ARMs? As interest rates continue to rise, lenders have increased their offerings of a myriad of hybrid adjustable-rate and interest-only mortgage products.read more...
30-year mortgage rates still dropping (Poughkeepsie Journal) WASHINGTON Rates on 30-year mortgages fell for a fifth consecutive week even as the Federal Reserve was boosting short-term rates.via
Sweating it out:Poll:Many homeowners worried they can't handle adjustable mortgage increases (Gloucester Daily Times) WASHINGTON (AP) - The future is gnawing at homeowner Scott Klimek. Will the interest rate on his adjustable-rate mortgage go up? Will he be able to afford the monthly payments
U.S. mortgage rates fall to lowest level in 4 weeks (Market Watch) Mortgage rates fell this week, with the 30-year fixed-rate mortgage dropping to its lowest level in four weeks, Freddie Mac reported on Thursday.
Ask AP: Mortgage insurance, taxing Social Security benefits (The Charlotte Observer) It sounds like a foolproof system for lending institutions: When someone's house is mortgaged to the hilt, the borrower has to get mortgage insurance, protecting the lender in the event
Trying to soften some of the criticism of the Jan. 29 property tax referendum, Gov. Charlie Crist said Thursday he would recommend boosting state school spending by $1 billion next year, while providing $138 million to offset any potential cuts to education caused by the proposed… more»
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