Apply Online Today!

Zip Code:
Loan Purpose:



Mortgage News for Sunday - January 18, 2004

More Mortgage News
• Going over the financial cliff
• Area families closer to attaining new houses with SuperBUILD
• Las Vegas Builders' Show Will Take No Chance
• Improving Credit Rating
• Housing, consumer debt and the next financial meltdown
• How can I liberate my wife from liability?
• Reverse Mortgage: Banking on the house
• Spending probably to be stronger
• Bellwether Wachovia expects healthy growth
• Former Mortgage Broker Finding Success On The Internet
• Mortgage servicer Ocwen's practices leaves bad aftertaste
• Home Starts Seen Close to Two-Decade High: U.S. Economy Preview
• Good ways to get out of debt and cure the holiday hangover
• Private mortgage insurance eats into budget
• House sold twice
• Sales tax affects more the poor than the rich, studies find
• Avoid getting lynched in the inheritance tax man's noose
• Stressed by economy, consumed by debt
Mortgage News
Going over the financial cliff - 2004-01-18
It's a lot of fun these days to chasitize our elected leaders for spending like there's no tomorrow.

Individual Americans are becoming increasingly weighed down by debt, with the average household now owing $18,700 -- not counting the biggest debt of all, the home mortgage.

Most of that rising debt is for credit card charges and car loans, according to the Federal Reserve report for 2003. The average new car loan has grown to $26,300, up from $19,880 just four years ago.
Read the full story at Modesto Bee
 
Area families closer to attaining new houses with SuperBUILD - 2004-01-18
The American dream of being a home owner came a little closer to reality Saturday for families in two Houston neighborhoods.

The Houston Habitat for Humanity SuperBUILD XXXVIII is building 38 homes in 38 days leading up to the big game.

Because Habitat houses are constructed using donations of land, material and labor, mortgage payments are kept affordable, according to Habitat.
Read the full story at Houston Chronicle
 






down payment
types of mortgages
closing costs
finding lenders
the do's and don'ts of mortgages
mortgage glossary



 
Copyright © 1999-2003. Mortgages Magazine Inc., LLC All Rights Reserved.
DISCLAIMER