Mortgage and Financial News From 2008-5-30 Page 2
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Bad Credit and Home Refinance (The Bradford Era)
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit?
2008-05-30 07:22:37 -
There are no Dumb Mortgage Questions (The Bradford Era)
(ARA) - The old saying, "The only dumb question is the one you don't ask" couldn't be more true when it relates to your mortgage. The more you ask, the more you know. And the more you know, the better decisions you'll make when getting a mortgage.
2008-05-30 08:07:58 -
Career Bureaucrat Rises to Prominence in Housing Crisis (NYTimes.com via Yahoo! Finance)
Brian D. Montgomery has won respect in Washington for his efforts to modernize the Federal Housing Administration as it leads the government effort to rescue homeowners at risk of foreclosure.
2008-05-30 08:37:16 -
'Cash-outs' up foreclosures (Boston Herald)
Bay State homeowners who've lost properties in the foreclosure crisis usually started out with "prime" mortgages but apparently did "cash-out" refinancings...
2008-05-30 09:20:54 -
Seattle's floating homes buoy bank portfolios - Seattle Business Journal
Melissa Ahlers of Lake Real Estate says that since only about 500 floating homes exist in the Seattle area, competition among lending institutions for those low-default mortgages is fierce. Bremerton's Westsound Bank fights for stability [Seattle ...
2008-05-30 11:28:00 -
America No, Obama Yes - Wall Street Journal
Most polls show Barack Obama and John McCain running about even, but one new survey is an extreme outlier. It gives Obama a 37-point margin. This, however, is a function of the sample. It is well known that Republicans tend to do better in polls of ...
2008-05-30 05:12:00 -
Don't Believe Oil-Bubble Babble - Forbes
When I jotted down all the bubbles I experienced over the past 50 years, I was surprised how long the list ran. What touched off my list-making exercise was not action in oil futures, but the Wells notice that Hank Greenberg received from the U.S ...
2008-05-30 05:26:00 -
Raw Video: Rare Rhino Charges Video Camera (Spartanburg Herald-Journal)
A Javan Rhino in Indonesia's Ujung Kulon National Park was captured on video attacking a camera set up in the jungle to study the habits of the animal. Wildlife experts say she apparently sensed that the lens was a threat to her calf. (May 29)
2008-05-29 08:55:09 -
Women can face obstacles in planning for retirement (Courier-Post)
The economic slowdown has made it harder for many people to keep up their pace of saving for retirement. But women, especially, can find it difficult in tough times to invest enough to ensure a secure retirement.
2008-05-30 12:19:18 -
Petri discusses economy, gas prices (Fond du Lac Reporter)
U.S. Rep. Tom Petri, R-Fond du Lac, isnt expecting to hear from Sen. John McCain anytime soon about that open vice president spot.
2008-05-30 04:53:10 -
Silver Stocks 2 (GoldSeek.com)
*** The three vicious cycles we must face…an interesting TIME cover…and more!
2008-05-30 11:02:35 -
News from the Rose Baker Senior Center (The Cape Ann Beacon)
The Rose Baker Senior Center provides activies and programs for Gloucester's senior citizens.
2008-05-30 12:25:23 -
Real estate matters: Can you get a zero-down mortgage loan? - Nashville City Paper
Nothing down. To a first-time buyer who doesn’t have a lot (or any) cash for a down payment, mortgage loans that allowed you to skate by without having any skin in the game were a fast ticket to homeownership over the past decade. Thousands of home ...
2008-05-29 11:40:00 -
Bag a fixed rate mortgage while you can - Daily Telegraph
Have your say Read comments Falling house prices may be bad news for some but good news for others, says Ian Cowie Average house prices fell by more than twice as much as their owners earned this month.
2008-05-30 09:48:00 -
Credit counseling firm making payments late - Los Angeles Times
Dear Liz: I have been in a credit counseling debt-repayment plan for the last four years. The money for my debt is automatically transferred from my bank account to the agency, which is supposed to pay my credit cards. The problem is that the agency ...
2008-05-30 06:16:00