Mortgages and Loans help
President Bush stepped into the subprime mortgage crisis by offering help to many in danger of losing their homes, but homeowners and New York housing advocates say his actions fall short.
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Washington ?- President Bush on Friday announced a set of modest proposals to deal with an alarming rise in mortgage defaults that have contributed to turbulent financial markets over recent weeks. Housing analysts said it was highly likely the limited steps Bush outlined will be expanded in coming weeks by a Democratic-controlled Congress intent on responding to growing voter anxiety as up to 2 …
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Labor Day, says the dictionary, honors America’s “working people.” The term suggests clericals, labor union members and hourly wage earners who toil at manufacturing, constructing or operating useful things. But those who artfully design such things, making them both beautiful and practical, are …
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Q: DEAR BOB: I’m wondering about mortgage refinance junk fees. I know consumers have the right to avoid these fees, but my experience has been these lender fees usually come at the end of the refinance process, after the mortgage is approved.
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In a report to Congress that is certain to generate controversy, the Federal Reserve Board says that credit scores vary “substantially” among racial and ethnic groups but that their use has made credit more available for major purchases such as buying homes.
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It started with a dinner conversation. Joe Madison, a local radio host, confided to Anthony A. Williams, then the D.C. mayor, that he and his wife were thinking of moving to the District from Derwood. Buoyed by encouraging words from Williams, the Madisons bought a four-level-plus-garage townhous…
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The housing slowdown and mortgage crisis have finally begun to cut into the remodeling market.
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These days, I hear many complaints from home sellers. Among them: “It’s been on the market for nine months with nary a nibble”; “I cut the price three times, still hasn’t sold”; and “Three other houses on my block are up for sale, so I took mine down.”
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Q: DEAR TIM: Paperless drywall is causing me some consternation. Is it as easy to cut, install and finish as traditional drywall that has a paper facing? Why would I want to use paperless drywall?
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Q: I am in the market for a mortgage, and I found an adjustable-rate loan at less than 5 percent online. The monthly payment is affordable, and I expect that my income will grow over the next few years. However, I am leery about using the Internet and want to know what I should be concerned about.
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