Posted in mortgage loan on Oct 4th, 2007
Mortgage demand falls despite interest rate dip
USA Today – USA
Fixed 15-year mortgage rates averaged 5.95% in the latest week, the MBA said, down from 6.06%. Rates on one-year adjustable-rate mortgages (ARMs) increased …
The Credit Hit Parade Has Only Just Begun
By Ben Jones
“So far, the Fed’s half-point rate cut has failed to lower mortgage rates and [...]
Posted in mortgage loan on Oct 3rd, 2007
Economist says growth will precede end of foreclosure crisis
ThisWeekNews – Columbus Area,OH,USA
That caused mortgage rates to fall. Because short term money was so much cheaper than long term money, rates on adjustable rate mortgages fell much further …
How to Choose Your Mortgage Compare Interest Rate or APR?
By paraskun_brii(paraskun_brii)
How to choose your mortgage – to compare [...]
Posted in Home Equity, mortgage loan on Oct 2nd, 2007
Financing Your Business With Home Equity
By MrMoney
Does your home equity loan or line carry an adjustable rate? If so, a jump in interest rates may make what you owe even more expensive and further offset any gains you make in your investment. If rates fall, it’s good news, …
RISKS AND REWARDS …
Knowing that they now [...]
Posted in Home Equity on Oct 1st, 2007
Here’s a new one: Being too broke to sell
Chicago Tribune – United States
“They’re probably people who have borrowed the equity out of their houses,” he said. “Some people don’t understand that a home-equity loan is a lien against …
It takes discipline, planning to save a house
Chicago Tribune – United States
Moreover, in Illinois, Chapter 7 filers [...]