Types Of Bankruptcy

With mortgage rates on the rise, should you refinance now? (Orange County Register)  Rates are spiking just as housing sales pick up. Like just about everything else ? gasoline, food ? mortgage rates are getting more expensive. Last week, local rates climbed to


Interior designers soon to be licensed  "Iowa interior designers have problems conducting business in other states." , Sen.via


Fed Chief Expects Economy to Rebound   "We have not seen major spillovers from housing onto other sectors of the economy" Federal Reserve Chairman Ben Bernanke predicted Tuesday the economy will rebound from an anemic performance


New Century Leads Drop in Shares of Mortgage Lenders (Update3) (Bloomberg.com)  March 5 (Bloomberg) -- Shares of New Century Financial Corp. suffered their biggest drop ever, leading a decline in subprime mortgage companies and less-risky lenders.read more...


Analysts Say Mortgage Woes May Worsen (ABC News)  Lenders' Prime Mortgage Woes Are a Sign of Even Bigger Problems to Come, Analysts Sayread more...


ADV: Lock Student Loan Rates at 2.75%  1.25% discount on federal rate. Low rates, fast processing. Everyone qualifies for discount. Complete entire process online or call.read more...

May 14th, 2008

George Will: Narrative played out in housing `crisis’

“Monthly payments on a typical house with a 30-year mortgage and 20 percent downpayment were 18.5 percent of the median family’s income in February, down from almost 26 percent at the peak – and close to the historical average.”

LEWIS Carroll, call your office. Or, better still, the author of “Alice’s Adventures in Wonderland” should call Washington, where the government’s determination to solve the housing “crisis” produced this lead … via Pasadena Star-News



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