Mortgage and Financial News From 2010-9-10 Page 2

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  • Ask a real estate pro: Are there any new reverse mortgage programs? - Weblogs.sun-sentinel.com

    ... mortgage insurance of any kind. The program, however, is only available for Fannie Mae foreclosure ... hate being underwater and would like to take advantage of these low interest rates. -- Miriam A: To help ...
    2010-09-10 11:12:00

  • Interest-free incentive from 'Your Rich Uncle' spurs Buffington buyers - Austin American-Statesman

    Offer only available on specific inventory homes. The $580 payment is based on a loan amount of $150,000 at a 4.75 percent interest rate. The home buyer is responsible for taxes, insurance, mortgage insurance and ...
    2010-09-10 09:11:00

  • Mortgage interest rates rising as homeowners continue to seek refinancing - Washington Post

    One-year adjustable-rate mortgage rates were the only ones that dropped: to 3.46 percent from 3.50 percent. A five-month slide in interest rates has spurred homeowners to seek lower monthly payments, with the ...
    2010-09-10 07:19:00

  • Tigani mansion's flaws noted

    A lawyer for Wilmington Trust Co testified Thursday that during a tour of a Westover Hills mansion owned by liquor executive Christopher Tigani, he saw a bucket in the music room to catch water from a leaking roof, broken skylights, fallen tree...
    2010-09-10 03:32:05

  • Orlando home prices hit 12-year low

    For the first time in more than a decade, the median price of a home in Orlando has dropped to less than $100,000.
    2010-09-10 03:38:20

  • 10 Habits Of Highly Effective Real Estate Investors

    The best real estate investors all share these traits and practices.
    2010-09-10 03:57:44

  • Richard Barrington: High Savings Rates Can Be Maintained by Continuing Good Habits

    Americans are resourceful. Confronted with lower incomes and a scary financial outlook -- Americans got by with less and increased their savings rates. Keep up the good work.
    2010-09-10 05:14:22

  • Pennsylvania Academy of Music, Union National cut deal

    The Pennsylvania Academy of Music and its former landlord, Union National Community Bank, have called it even. PAM has agreed to let the bank keep PAM's entire $25,000 security deposit to cover back rent, fees and interest PAM owed from leasing 42 N. Prince St. The accord between PAM and the bank ...
    2010-09-10 05:30:33

  • Edmonton native housing association taken over by CMHC

    Three directors of an aboriginal housing association in Edmonton wrote cheques to themselves with public money worth nearly $700,000, court records suggest.
    2010-09-10 07:35:40

  • Obama Praises Elizabeth Warren and Hints Consumer Pick Near

    A half-dozen appointed posts with vast powers over the economy remain unfilled even as President Obama signaled that he was close to choosing a director for a new consumer bureau.
    2010-09-10 08:50:25

  • One, two punch: Couple stressed after both are laid off

    Terri Pinetti had no idea how bad things could get.
    2010-09-10 10:35:31

  • It's a big purchase, so why not invest some time in basic financial analysis

    Ben S. Bernanke refinanced; how about you? The Federal Reserve chairman, who bought a rowhouse on Capitol Hill in 2004 using an adjustable-rate mortgage, saw his payments surge in 2009. He refinanced late last year into a 30-year fixed-rate mortgage, for "a little over 5 percent," as he told Time...
    2010-09-10 11:00:00

  • Summer Rerun: Bear/JP Morgan: The Rashomon Defense

    This post first appeared on April 8, 2008 While there have been dark mutterings about how Bear shareholders were cheated in the sale of the firm to JP Morgan, I don’t have much sympathy for that view. Plenty of businesses fail every day; equity investors usually lose their entire stake and employees are fired. While [...]
    2010-09-10 11:31:30

  • Capstead Mortgage announces Q3 2010 dividend of USD0.26 per share - TradingMarkets.com

    Disclaimer: The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or ...
    2010-09-10 07:52:00

  • President Boo Hoo

    Finally, we know what President Obama’s initials stand for! He’s the Boo –HooO president! OK, that’s a little cheesy, but seriously, have we ever had a whinier leader of the free world?
    2010-09-10 04:11:36

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