Mortgage and Financial News From 2007-10-14 Page 13

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  • When Planning Your Pool, Don't Get Soaked

    Modesto Bee - Stahl and other pool industry officials said the housing market bust has hurt many pool contractors, which prospered when it was easier to buy a home or refinance a home loan. As a result, some business owners may be more likely to cut corners to stay ...
    2007-10-14 03:43:00

  • The Get-Rich Pitch, Then the Letdown

    Washington Post - To reach their goals, they mainly focus on getting fellow blacks to refinance into a specific type of mortgage laden with exorbitant fees. These former salespeople, who paid $100 to join the company, said they wound up disillusioned by Lee and ...
    2007-10-13 06:17:00

  • Fortuna council set to adopt a plan related to a sanitary sewer system

    Eureka Times-Standard - ... transfer relates to the city and the redevelopment agency's decision to refinance an existing redevelopment bond earlier this year -- which, among other things, will provide $2 million for a new police facility. If You Go What: Fortuna City ...
    2007-10-14 04:18:00

  • The Latest Financing Craze: Social Lending

    MacNewsWorld - At Lending Club, which launched in May, more than half of the loans are used to refinance higher credit card debt, said Renaud Laplanche, the site's founder. Few Critics So far, there are few analysts or critics of these sites, largely because they ...
    2007-10-14 07:17:00

  • As foreclosures soar, dreams die

    Orlando Sentinel - Now, with home prices dropping, many first-time owners have no equity with which to refinance their mortgages, and investors who had hoped for a quick and profitable resale cannot sell for what they owe, Duncan said. Statewide this year, home lenders ...
    2007-10-14 07:53:00

  • Worries rise with adjustable rates

    Hampton Roads Daily Press - MELVILLE, N.Y. - Come November 2008, Kathryn Clejan's adjustable-rate mortgage ... Gumbinger, vice president at HSH Associates, a publisher of consumer loan information ... of these homeowners thought — or were told — that they could simply refinance ...
    2007-10-14 12:51:00

  • OneUnited challenged for lending discretion

    Miami Herald - ... credit crunch and making it harder now for consumers to get mortgages and refinance ... The market, he added, was saturated with mortgage brokers and advertising ... The Miami Herald is pleased to provide this opportunity to share information ...
    2007-10-13 11:54:00

  • Lawmakers tackle foreclosures

    Traverse City Record-Eagle - ... they have been stuck with riskier adjustable rate loans or have missed mortgage ... highest foreclosure rate in September, according to the real estate information ... Borrowers who qualify would be allowed to refinance their mortgages through the ...
    2007-10-14 07:24:00

  • Main Business & Finance Page : Stock quotes, portfolio, funds and more ...

    San Francisco Gate - ... homes from January through August, according to statistics from DataQuick Information ... For instance, even if homeowners used a risky mortgage to swing the purchase of a ... Too many people thought they could refinance - they had friends who refinanced and ...
    2007-10-14 05:30:00

  • 2 Drivers Killed In Head-On Crash (News Channel 5 Cleveland)

    MIDDLEFIELD TOWNSHIP, Ohio -- The Ohio Highway patrol is investigating a fatal crash in Middlefield Township. Officials said two minivans collided head on at the intersection of Old State and Adams roads at 5:55 a.m. Saturday.
    2007-10-14 07:23:39

  • Worries rise with adjustable rates (Daily Press)

    The pinch will hurt many when such mortgages begin to cost more. Come November 2008, Kathryn Clejan's adjustable-rate mortgage will get a whole lot more expensive. In fact, she estimates, it could rise $1,986 a month — which the single mother of two boys can't afford.
    2007-10-14 01:09:12

  • State Labor has suited John Howard, says Kevin Rudd

    News.com.au - In the immediate term ... those who are experiencing real difficulty are those who are finding it impossible to make ends meet, with childcare costs going up 12 per cent a year, with mortgage interest rates having gone up five times since the last ...
    2007-10-14 01:55:00

  • Spreadsheet breaks down how to invest in child's first home

    Arlington Heights Daily Herald - » How interest rates affect your mortgage » How home sellers can compete against builders » Foreclosures put harsh spotlight on SILs More from Jack Guttentag Gifts of equity within the family are common. Parents often provide the down payment on ...
    2007-10-14 03:57:00

  • Bright spots in housing slump

    AZCentral.com - Mortgage rates are still low, and there are lots of programs to help first-time buyers. Sellers • Competition among sellers is high right now with more than 55,000 homes on the market across metropolitan Phoenix. Veteran real-estate agents say homes ...
    2007-10-14 12:44:00

  • Take on the ticker

    Arlington Heights Daily Herald - Are a lot of homeowners going back and readjusting their mortgage rates? "October is the first month in many where the adjustment rate resets were over $50 billion. The first ever, I think. And I think there will be two or three more months like this ...
    2007-10-14 04:04:00

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