The Daytona Beach News-Journal: Business
A tiny chrome bulldog is what David Thompson remembers best about the early days of eBay.
via
U.S. mutual funds exposed to mortgage turmoil (International Herald Tribune) U.S. mutual funds held mortgage-related debt securities issued by subprime lenders, indicating that some ordinary investors could be hurt by the turmoil in the U.S. mortgage market.read more...
Pay mortgage with 401(k)? Bad idea (Northwest Herald) I have thought about taking out $50,000 out of my 401(k) to pay off my second mortgage. My thought behind this is that I will be paying myself the interest
Royal Bank raises mortgage rates by 0.15 of a percentage point, effective Wednesday Royal Bank has raised mortgage rates by up to 0.15 of a point, effective Wednesday.read more...
Mortgage lending picks up (Reuters.co.uk) Underlying mortgage lending rose by 5.1 billion pounds in November, well above growth of 4.3 billion pounds in October and the strongest rise since July 2004, BBA said. read more...
Citizens Bank pledges $6.4M to aid housing (Reg Req'd) Citizens Bank Friday announced a program to drive $6.4 million into Syracuse's low-income neighborhoods for mortgages and home repairs.via
Confused by all the Mortgage Options? Here's Help (Derby Daily Reporter) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,