Borrowers are hot for old-fashioned 30-year mortgages
You probably don’t want to buy a car that looks like your father’s Oldsmobile. And if Dad still wears short ties and high-waisted pants, you don’t want to dress like him, either.
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Mortgage adjustments spark foreclosures (Lawrence Journal-World) New York ? In 2003, Anita Britten refinanced her two-story brick cottage in Lithonia, Ga., using a hybrid adjustable rate mortgage, or ARM. Her lender reassured her that she could
Contractors must register by today for state permit Thousands of home-improvement contractors are expected to miss today's deadline to register with the state Division of Consumer Affairs, creating a backlog in applications that could delay some permit ...read
Another Bear Stearns hedge fund hit by losses in mortgage market (Market Watch) SAN FRANCISCO (MarketWatch) -- Another Bear Stearns hedge fund has been hit by turmoil in the mortgage market.
House prices suffer double-digit fall House prices continued to fall in August, recording a double digit year-on-year fall for the first time since the 1990s.read more...
Auto Workers Seek Information on G.M.?s Ties to Mortgage Risk (New York Times) The president of the United Automobile Workers union said Tuesday he was concerned by General Motors? exposure to the mortgage lending arm of its former finance.read more...
For-Sale-By-Owner Isn't Always Best "If you have an open house, you better swallow your pride because one buyer after another will come in there and insult the daylights out of you. People will even