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Old building will be torn down  Demolition of the old Mount Angel Public Works/Library building will begin within the next two weeks.read more...


Fed rate action will strongly impact home prices  An unusual refinancing boom is likely in 2007 as hundreds of thousands of borrowers bail out of their adjustable-rate mortgages while the getting is good.read more...


Mortgage applications jump as refis surge (MSNBC)  Applications for U.S. home mortgages increased last week, boosted by record setting purchasing and surging refinancing activity even as mortgage rates rose, an industry group said on Wednesday.via


Mortgage rates expected to fall (Stuff)  Two-year fixed-term mortgage rates could be cut even more if the Reserve Bank decides to hold official interest rates steady next week, according to economists.via


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Home sales head to record  The nation's home sales continued their sprightly defiance of economists' expectations in June, moving at a pace that would set a new annual record and sending prices upward at their

March 20th, 2008

Money Makeover problem: living paycheck to paycheck

Faced with nearly $100,000 in debt, not including the mortgage, the Kellys want to know to get out from under it.

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