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Highest mortgage defaults since 1998 (Orange County Register)  Mortgage Insider: Report from DataQuick shows that there were 1,021 housing loan defaults in Orange County last month.read more...


Mortgage rates jump (CNN Money)  Mortgage rates rose for the third consecutive week in a row, Freddie Mac reported Thursday.read more...


Katrina may slow housing market despite low rates  Average interest rates on 30-year mortgages were unchanged in the latest week, but mortgage finance company Freddie Mac said Thursday that housing growth could slow in the near-term as the


House Republican says he can block mortgage interest deduction changes (KRON 4 Bay Area)  CAPITOL HILL A Republican lawmaker says changes to the mortgage interest deduction won't get through Congress.read more...


Study: Online Mortgage Seekers Seal Deals Offline (E-Commerce Times)  More and more mortgage shoppers are going online to find loans, but when it's time to seal the deal, most prefer to take their business offline, according to a study


Despite Federal Tax Credits, Solar Power Isn't for Tightwads  New government incentives, along with soaring home-energy bills might seem to brighten prospects for using this alternative energy source in the home. But its economics in many parts of the

January 28th, 2008

Beware The Discount Mortgage Trap! (Fool.co.uk via Yahoo! UK & Ireland Finance)

Discount mortgage deals are currently topping the best buy tables. But are these rates really as good as they seem?

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