Va. Offers Mortgage Clinics (Washington Post)
Virginia officials are joining the parade of local governments trying to cope with the rising tide of foreclosures by offering free mortgage-assistance clinics to homeowners at risk.
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H&R Block Says Talks on Mortgage Unit Sale Continue (Update1) (Bloomberg.com) March 30 (Bloomberg) -- H&R Block Inc. said it's still negotiating to sell the money-losing Option One subprime mortgage business, signaling it may not be able to conclude the talks
Rates rise -- and then there are those fees Mortgage rates continued to ride the see-saw this week, down one week and up the next. This time, they went up.read more...
Pros and cons in 40-year mortgage (The Age) It allows an extra 10 years to pay off the mortgage, but is the 40-year mortgage really as attractive as it sounds? While it has yet to make its way
Australian central bank cuts key rate to 7% Australia's central bank cut its benchmark interest rate Tuesday by a quarter percentage point to 7.0 percent in its first rate reduction in nearly seven years amid slowing economic growth.read
Housing Starts Fall to 10-Year Low Amid Slow Sales, Tightening Credit U.S. home builders cut back again in July starting construction on the fewest number of new homes in more than 10 years. read more...
Exchange Traded Funds The iShares Dow Jones U.S. Home Construction Index Fund's chart is pretty easy to figure out: straight down.read more...