Cheaper energy tempers October inflation rate Canada's annual inflation rate crept up to 0.9 per cent in October, from 0.7 per cent in September, as lower gas and heating fuel prices kept other cost increases in
Interest Rate Roundup Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...
Federal regulators working with mortgage lenders as they voluntarily refinance risky loans (Naples Daily News) Federal banking regulators are giving lenders more flexibility when they restructure high-interest rate mortgages given to home buyers with poor credit. The effort by the Office of Thrift Supervision and
Washington Mutual cuts 256 jobs in Florence For the second time this year, Washington Mutual is cutting its Florence work force.read more...
Bush Plan Leaves Out Borrowers With Option Arms The president's bailout for subprime adjustable-rate mortgages won't help homeowners who represent the next wave of trouble: borrowers with good credit who took out option ARMS.
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U.S. Mortgage Foreclosures Rise as Owners `Give Up' (Update3) (Bloomberg.com) March 6 (Bloomberg) -- U.S. mortgage foreclosures rose to an all-time high at the end of 2007 as borrowers with adjustable-rate loans walked away from properties before their payments increased,
Mobile homes have come along way. They’re larger, come with more amenities, and they’re becoming more attractive to people who have been priced out of the region’s hot real estate market.
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