Types Of Bankruptcy

No time to design the ballroom or choose the fountains? $17.5 million gets you a ready-made mansion today . . .   Have you noticed the empty mansions for sale? Sure, some extravagant new houses are on the market because times turned harder for the original buyers. read more...


Rates on 30-Year Mortgages Rise Slightly   Rates on 30-year mortgages edged up slightly this week but still remained near the lowest level for the year.Commentread more...


Lawsuit may involve new city hall  When a Farmington Hills-based contractor turned its back on a local city project, the company also left almost a half dozen subcontractors high and dry.via


Mortgage demand rises amid Fed increase (USA Today)  U.S. mortgage applications rose for the first time in three weeks as interest rates on home loans fell from a four-year high last week when the Federal Reserve raised borrowing


As expected, 30-year mortgage rate sinks after takeover (USA Today)  Interest rates on 30-year fixed-rate mortgages have plunged in the aftermath of the U.S. government's rescue effort for mortgage finance companies Fannie Mae and Freddie Mac.read more...


Stately Plaza ready to join city's rebirth  Leonardo Pineda walks the dark Plaza Hotel hallways like a ghost searching for the past.read more...

June 5th, 2008

Reverse mortgages not for everyone

Reverse mortgages are popular, but they can reduce the options of some homeowners, says Dr. Don Taylor.

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