Texas Bankruptcy Laws

Mortgage lenders catching heat all around (UPI)  The U.S. mortgage lending industry has come under fire from credit counselors, regulators and lawmakers, all seeking to help at-risk borrowers.read more...


Finance Your Startup With Home Equity  If you're a homeowner, you've likely watched the value of your house grow rapidly in the past few years due to the sizzling real estate market.read more...


As inflation rises Mortgage qualms (Turks.US)  Homeowners are gearing up for another hike in mortgage rates after inflation rose to its joint highest level since Labour came to power nine years ago. The inflation hike was


Hovnanian loss widens; shares fall 4%   The shares of Hovnanian Enterprises Inc., the worst performing U.S. homebuilder stock, fell 4 percent Friday after the company reported a wider second-quarter loss than earlier forecast and said


Existing home sales in La. jump 23%  First-quarter sales of existing homes rose 23 percent in Louisiana over the year-ago period, according to the National Association of Realtors.read more...


Mortgage of the Week (Mortgage Introducer)  GMAC-RFC is offering a fixed rate deal until 1 July 2009, at a rate of 5.60%, reverting to the standard variable rate for the remaining term of the mortgage, currently

October 8th, 2008

30-year mortgage rates dip below 6 percent (AP via Yahoo! Finance)

Rates on 30-year mortgages fell below 6 percent this week, recording the first decline in three weeks. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 5.94 percent this week, down from 6.10 percent last week.

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