Wings credit union stays aloft Shortly after Paul Parish took a new job heading the American Motors credit union in Kenosha, Wis., in 1988, the company shut down its huge auto plant there.read more...
U.S. Housing Starts Rose More Than Estimated in May; Building Permits Fell Home construction rose in May from a 13-month low as builders worked on backlogs of unfilled orders and used incentives to win new business in a slowing market.read more...
£600 on your mortgage - and there could be worse to come (Daily Mail) Millions of homebuyers have been stunned by the third interest rate increase in just five months. The combined rises have added £48 a month to the repayments on a typical
Housing cooldown continues (Reg Req'd) Faced with rising inventories of unsold homes and reluctant buyers in many markets, home builders have been warning investors since late 2005 that the red-hot housing market was shifting to
Mortgage fraudster banned by FSA (BBC News) A mortgage broker from South London is banned for submitting fraudulent mortgage applications.read more...
Confused by all the Mortgage Options? Here's Help (Evening Times) (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,
My parents graciously offered to lend my wife and me the down payment for a home.While we can easily afford the mortgage payments, the bank wants all of us to sign a statement saying the money from my parents is a gift, not a loan, although the bank representative literally winked as he handed me the statement.
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