Your Money Outlook: Clock ticks for adjustable mortgages
Homeowners with adjustable rate or interest-only loans are feeling the impact of the Fed’s moves, says Greg McBride.
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Meeting to be held in Philadelphia on mortgage foreclosures (Centre Daily Times) Judges, homeowner advocates and attorneys for lenders plan to meet again in Philadelphia to work on a plan to prevent mortgage foreclosures.read more...
First Horizon targeting Greater Baltimore (BizJournals) First Horizon has sold many a mortgage in Baltimore. Now, it's making a play to provide banking and wealth management services as well.via
Selling Fine Art on Costco's Web Site Many businesspeople dream and scheme about getting their merchandise on the shelves of a huge retail chain.read more...
House Prices Fall in Europe As Borrowing Costs Rise Housing prices in the United Kingdom Spain and France have fallen in recent months. Economists warn that the malaise could spread to other European countries. read more...
New home sales, durable goods orders up Sales of new homes in May climbed to the second highest level in history, providing further evidence that low mortgage rates are still fueling a booming housing market.via
CalPERS assets pass $200 billion milestone Seventy-three years after it began in the Great Depression, the California Public Employees' Retirement System said Monday that its assets exceed $200 billion.read more...