Levels of Equity Release Soared During 2002 and 2003, Have Fallen Gradually Since
Equity release enables homeowners to increase their mortgages in exchange for a cash lump sum if their property is worth more than the original sum they borrowed.
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Mortgage meltdown adds to housing woes (The Arizona Republic) In an already lackluster Valley housing market, the mortgage-industry meltdown is not making things any easier for folks trying to sell their homes.read more...
United Bankshares reports improvement in margin, net interest income, in Q3 United Bankshares Inc. on Oct. 26 reported third-quarter net income of $25.4 million, or 59 cents per share, compared to $24.5 million, or 56 cents per share, in the same
Buyer of a Budget Condo Makes A Small, But Tangible Return A first-time investor pockets $11,770 in three months on a condominium in a low-income neighborhood.read more...
Calderon Boosts Mexico's Mortgage-Backed Bond Market (Update1) (Bloomberg.com) Dec. 7 (Bloomberg) -- President Felipe Calderon plans to boost Mexico's $4.9 billion mortgage bond market to help finance rising demand for homes, while avoiding the lax lending standards that
Home buying eased by 'hybrid agents' They help sell, lend, buy in 1 stop Maura J. Halpern The Arizona Republic Jan. 20, 2007 12:00 AM Some Valley real estate agents are on the cusp of a
Are you in the market for a jumbo mortgage? We want to talk to you (The Journal News) Are you in the market for a jumbo mortgage, one above $417,000? The federal government has raised the ceiling on mortgages that Fannie Mae and Freddie Mac may guarantee, increasing