Is a piggyback mortgage risky? (Bankrate.com) Dear Dr. Don, I have been told that an 80/10/10 mortgage is a risky proposition given the ever-fluctuating interest rates. Seemed like an ideal mortgage program for my family, in
Alliance Bankshares exits mortgage banking (bizjournals.com via Yahoo! Finance) Alliance Bankshares Corp. is restructuring its home-funding business by ceasing operations of its Alliance Home Funding LLC mortgage banking unit.read more...
Volunteers reap the benefits of Habitat too The Habitat for Humanity building project in Collingwood is well under way and Thursday morning, volunteers were putting in the stairs and working on the lower frame.read more...
Study by Home Builders group says growth pays for itself "A phenomenal number of people are moving there, and if building homes wasn't paying for itself, they would have a problem. "This growth is not causing fiscal ruin by any
Burdening Your Retirement With A Mortgage (Forbes) Think twice before you rid yourself of a mortgage at retirement age. Use the leverage to your benefit.read more...
California Construction Employment Falls Click on graph for larger image. The California Employment Development Department reports that seasonally adjusted California construction employment fell by 8,300 in April.read more...
NEW YORK | Citigroup Inc.’s new chief executive, Vikram Pandit, plans to stick with a global banking model after months of intense review – but only after shrinking the company by about one-fifth first. more»
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