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fixed rate mortgageFor Democrats, the chickens are coming home to roost. Badly conceived efforts to rescue homeowners facing foreclosure, regional banks and the unemployed are failing. Bureaucracy and corruption are to blame. The president’s program to restructure ... Read more
Obama confronting the consequences of bureaucracy and corruption - Enter Stage RightJapan's government will offer a low-interest mortgage programme next year to homeowners taking out fresh loans from a state-backed lender, to boost housing demand as part of economic stimulus efforts, the Nikkei business daily reported on Sunday ... Read more
Japan Plans Low-Interest Mortgage in Stimulus: Report - CNBCHomeowners availing 35-year loans from an affiliated lender will have the mortgage rate reduced by 1 percentage point for the first 10 years. The offer will be available only for those taking loans next year for energy-efficient, handicapped ... Read more
FinancialJapan To Introduce Low-interest Mortgage Program In 2010 ... - ForexTV.comThe Treasury Department announced last week that it is revamping its Home Affordable Modification Program. Unfortunately, its changes—threats to fine and publicly shame mortgage loan servicers for not acting quickly enough—do not address two ... Read more
Saving More Homes for the Same Money - Wall Street JournalTodd Harrison, founder and CEO of Minyanville, has 18 years of experience on Wall Street. After graduating from Syracuse University with honors (1991), he spent seven years on the worldwide equity derivative desk at Morgan Stanley (vice president ... Read more
see what Todd Harrison has written » - MinyanvilleYou can refinance and choose a fixed rate 2nd mortgage, variable equity line of credit or a 30-year fixed rate mortgage. This is a very good time to go in for a mortgage refinance as the interest rates on second mortgages are on an all time low ... Read more
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In the Money - Egypt TodayIF you've ever refinanced a mortgage, you'll understand one aspect of the bill recently passed by the Legislature to address the municipal pension mess. I also compare it to David hurling the stone at Goliath. I'm just not sure direct contact was ... Read more
City pension bill not a panacea - Charleston Daily MailBOSTON — The U.S. government's efforts to revive the housing market have pushed mortgage rates down to record levels and helped stoke demand, but the prospect of further home-price declines could keep more reluctant buyers on the fence. The average ... Read more
Low mortgage rates tempt hesitant home buyers - Rutland HeraldNortek, Inc. ("Nortek"), a leading diversified global manufacturer of innovative, branded residential and commercial ventilation, HVAC and home technology convenience and security products, today announced third-quarter sales of $452 million despite ... Read more
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