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Jittery City urges investors not to panic, as mortgage lenders put squeeze on homeowners (Independent)  The turmoil on the financial markets has hit British homebuyers and property owners with floating mortgages. They now face a rise in their borrowing costs after mortgage providers rushed to


Updates, advisories and surprises  Standard Parking Corp. after Wednesday's closing bell reported second-quarter net earnings of $4.3 million, or 40 cents a share.read more...


Honolulu Lite  Charles Memminger Slammer for scammer was justified I suggested last week that 10 years in prison for a guy who ripped off $42,000 in a home-repair scam was a harsh


Mortgage workers face more layoffs in Bay Area More than 1,600 mortgage industry job eliminations planned in ... (Inside Bay Area)  The early months of 2008 are expected to unleash more pain for a mortgage industry that has disclosed plans to shed more than 1,600 jobs in California.read more...


Is negative savings rate a problem?  Americans are spending more than they've earning for the first time since the Depression.read more...


Many reasons to unroll  Here is some information from the Chicago-based Wallcoverings Association. With so many decorating options, why wallpaper? * Wallpaper is a great impersonator.read more...

January 31st, 2008

Applications for Refinancing Mortgages Increase

Refinancing activity surged again in the Mortgage Bankers Association’s latest survey of filings, rising 22.1% last week from the previous one.





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