Mortgage and Financial News From 2010-9-27 Page 9
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Land trust taking hold in Lincoln County, opening up home ownership to more people
In the coming weeks, the Lincoln Community Land Trust will put its first property on the market, offering it to the first qualified buyer at a price nearly half of what the nonprofit has invested and at least 30 percent below the appraised market value.
2010-09-27 07:36:32 -
Seven Car Crash In Chico
BUTTE COUNTY Part of northbound Highway 99 in Butte County is down to one lane after a seven car pileup. The accident occurred near east 20th Street in Chico.
2010-09-27 07:44:14 -
Not Guilty Plea Expected In Acid Hoax Case
A woman accused by police of burning her face with drain cleaner then fabricating a tale about a random attack is expected to plead not guilty later this week.
2010-09-27 07:44:20 -
Why mortgage lenders want tax returns - Yahoo Finance
... Mortgage. Find the best mortgage rates Bankrate can help you find the lowest available mortgage rate ... says lenders use the 4506-T tax transcript to compare the borrower's W-2s to his or her reported income. If the numbers match, all is well.
2010-09-27 04:54:00 -
Investing Extra Dollars: Mortgage vs. Stocks
With rates low, do you put cash into the house or the market?
2010-09-23 06:00:22 -
Surprise as foreclosures outpace traditional home sales - Birmingham Business Journal
and because the value of their home had dropped, they were not eligible to refinance. Jenks said there is another wave of ARM loans — the seven-year loans — that is starting to adjust now, which will likely lead to more bad loans and foreclosures.
2010-09-23 06:56:00 -
Good credit is not a child's game for those in the market for a new home - New Orleans Times-Picayune
Home mortgages are phenomenal,” said Guy Williams of Gulf Coast Bank, urging borrowers to make the move as soon as possible. “Don’t wait. Don’t stop, refinance right now because the rates can’t get much lower. Go do it.” • Get your spending ...
2010-09-27 11:42:00 -
How to Decide If Home Refinancing is Right for You - Associated Content
While in some cases home refinancing is a valid option, in others it may prove a waste of time and, ultimately, even money. To refinance or not to refinance? For homeowners struggling to answer this question, the guide below may be able to help.
2010-09-27 12:04:00 -
Why mortgage lenders want tax returns
Applying for a home mortgage? Your lender is likely to require tax returns. Find out why.
2010-09-27 05:00:00 -
A Buyer’s Market Buyers have advantage in Elko as interest rates fall
Ross Andreson/Elko Daily Free Press Construction continues Tuesday on this residence at the corner of Bluffs Avenue and Jennings Way.
2010-09-27 09:59:57 -
Cost of home ownership on the rise, report finds
A new report says the cost of owning a home is increasing in markets across Canada, putting homeowners under duress as their mortgage rates rise.
2010-09-27 10:06:46 -
Government offers short refinancing for homes
Real estate experts say homeowners who take advantage of the program are likely to see their credit scores suffer.
2010-09-26 07:03:13 -
Carlsberg secures 11.2 bn kroner loan
Danish brewery Carlsberg has secured a loan worth an eye-watering 11.2 billion kroner, according to Bloomberg News. Carlsberg has reportedly secured a five year credit facility with eight international banks, with locally-based Danske Bank acting as the lead mandate.
2010-09-27 03:21:33 -
American dream of homeownership not for all, study finds
Homeownership, long trumpeted as the American dream, has turned into a nightmare for many, especially those whom life has dealt unexpected blows.
2010-09-27 03:58:19 -
HUD offers homes at half price
The Good Neighbor Next Door program offers cheap homes to workers in four occupations.
2010-09-27 05:00:00