Shifting Housing Market Snubs Bad Credit Homeowners with troubled credit histories are finding it harder to get mortgages or refinance homes because softening in the housing market is making lenders less likely to handle riskier loans.Commentread
Mortgage rates reach 6% range (Baltimore Sun) Higher borrowing costs could deflate housing bubble Americans may have seen the last of long-term mortgage rates below 6 percent, and borrowing costs for home buyers likely will
ING Direct trims mortgage rates (Investment Executive) ING Direct announced today that it has slashed its five-year fixed posted mortgage rate so that it is now 1.45% lower than the average posted rate of the big banks.read
Mortgage data points to slowdown (Guardian Unlimited) Business & money: New mortgage approvals fall to lowest level since April.read more...
Gold Hits Record $900 an Ounce "People are going to feel that sticker shock when they go down Fifth Avenue" Gold futures briefly rose above $900 an ounce Friday for the first time as high
Supporters help women s center burn its mortgage (Quad-City Times) Supporters of the Women?s Choice Center in Bettendorf jubilantly celebrated paying off the mortgage earlier than anticipated with a mortgage burning and luncheon Sunday.read more...
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