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What’s the best loan for you?

mortgage loans

I think most people would want to take out a fixed-rate mortgage loan, these days. However, you might think an adjustable-rate mortgage loan might work for you, depending on the length of time you’ll be owning. And, if you’re putting down less than 20%,...

Your mortgage loan broker may lie to you, FYI

mortgage loans

For once, I’d love to read a story about mortgage loans that actually makes you feel sorry for the people it talks about. This is not one of those stories: WHEN Gregory and Paula Sherman wanted to refinance the mortgage on their ranch-style home in Chattaroy,...

If the cost of money was constant, then maybe

mortgage loans

I’ve been reluctant to post this entry, mostly because I don’t know if I can write it and have it make any sense. It involves an analysis of the subprime mortgage loan crisis written by Bill Gross, Managing Director of PIMCO Bonds, a mega-bond fund...

In twist, mortgage loan applications rise 17%

mortgage loans

In the midst of all the media coverage of the subprime lending debacle, comes this interesting piece of information: [O]n an unadjusted basis compared with the same week one year ago, [mortgage loan] applications were up 16.6 percent. The refinance share of mortgage...

More on mortgage loan survey

mortgage loans

Another interesting piece of information out of Bankrate.com’s mortgage loan survey. Most renters are not staying out of the housing market for fear that prices will go down; instead 40 percent said the main obstacle holding them back from a purchase was that...
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