Interest-only loans not the way to go Q: My wife and I are in the process of buying a new home. We are considering using either a traditional 30-year mortgage or using an interest-only loan.via
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More Apartment Complexes Converting to Condos Feb. 6--Three apartment complexes in the past 4 months have announced plans to convert to condominiums on the Grand Strand, continuing a trend that could trim affordable rental options.read more...
Rates on 30-year mortgages dip to lowest level in a month WASHINGTON -- Rates on 30-year mortgages dropped this week to the lowest level in a month as financial markets viewed new evidence of a slowing economy as a sign that
1 in 4 Canadians believe new mortgage lending rules reduce options for homebuyers Less than half of Canadians agree with the new lending guidelines; lack of understanding revealed TORONTO, Aug.read more...
Fed holds interest rate steady The Federal Reserve's decision not to raise rates for the first time in two years should give both consumers and businesses some breathing room. read more...
Applications for U.S. home mortgages increased last week due to a robust rise in purchasing and refinancing activity even as mortgage rates rose, an industry group said on Wednesday.
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