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China Bank Raises Mortgage Interest Rate (AP via Yahoo! Finance) China has raised mortgage interest rates and increased the downpayment needed for loans to finance purchases of second homes in a move aimed at countering property speculation that is
Conn. Wins Base-Closings Injunction A federal judge agreed Wednesday to block the base closings commission from recommending changes at an Air National Guard base, which the governor says cannot be altered without her authority.read
Remodeling dos and don'ts Home remodeling: Dos and don'ts Avoid mistakes in your kitchen or bath Homeowners are getting more cautious about remodeling projects as the housing boom cools.read more...
Mortgage applications fall to 11-month low (USA Today) Mortgage rates slipped a bit this week, but mortgage applications fell to an 11-month low as demand for loans to buy homes fell.read more...
U.S. Attorney Expects Results Soon in Mortgage Probe (Fox News) The top federal prosecutor in Los Angeles indicated Thursday that charges are coming soon from a sweeping investigation of banks and subprime lenders for their role in the nation's mortgage
Q. What is your view about making a standard monthly mortgage payment vs. a pay-every-two-weeks program with a $350 enrollment fee? I generally like the idea, but you shouldn’t have to pay a fee to do it.
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