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Who Has to Pay Up?    Q: My siblings and I inherited my father's house, which he bought in 2003, in a 55-and-over community. The value of the house is depreciating, and there is no


2nd Chance Seems Likely For No-Fault  TALLAHASSEE | Despite strong disagreements in his own party, Gov. Charlie Crist said Monday that he has convinced lawmakers to consider reviving the state's "no-fault" auto insurance requirements as well


Weekly Home Mortgage Rates (AP via Yahoo! News)   Weekly Home Mortgage Ratesread more...


Mortgage Servicers Help Avoid Foreclosures (Washington Post)  What would happen if you got sick or suffered a drastic loss of household income, and then fell seriously behind on your mortgage payments?read more...


Home mortgage rates to jump for one in eight (San Jose Mercury News)  About one in eight U.S. mortgage borrowers ``will get tested'' by upcoming jumps in their monthly house payments, an industry economist said last month.read more...


Sobering words from the Reserve Bank  "The Reserve Bank's warning that further interest rate rises may be necessary to protect the Bank's price stability target should weigh with voters as they consider their options on Saturday,

May 15th, 2008

Bank’s mortgage rate moves under 9pc mark (The New Zealand Herald)

Kiwibank has cut its key 2 year fixed mortgage rate to 8.99 per cent from 9.29 per cent, moving below 9 per cent for the first time in six months. Kiwibank is the first bank to offer a sub-9 per cent 2 year mortgage rate since mid November.

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