Govt quick to disown mortgage levy scheme (Stuff) The Government is scrambling to distance itself from a proposed tax that would add more than $200 a month to the cost of servicing the average fixed home mortgage.read more...
Consumer Reports names first Tennessee credit card as one of the 10 most... First Tennessee Bank's Visa Platinum credit card was named by Consumer Reports magazine as one of the 10 most consumer-friendly credit cards.read more...
Expectations lowered for new mortgage aid program (AP via Yahoo! Finance) The government expects only 20,000 troubled borrowers will be able to refinance into more affordable home loans by next fall under a new mortgage aid program passed by lawmakers
Bigger stretch for homeowners "The cavalier behaviour of some brokers and subprime lenders is seriously undermining home ownership and hitting the most vulnerable borrowers hardest." MORTGAGE affordability hit its worst level since the
Mortgage losses, slow U.S. sales may limit GM profits (Detroit Free Press) As it reports second-quarter financial results today, General Motors Corp. may say its profits fell because of mortgage losses at its finance unit and declining domestic sales of cars and
Getting a Mortgage with Bad Credit (Bastrop Daily Enterprise) (ARA) - Having bad credit is not the end of the world and it's not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the
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