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Mortgages Refinancing News at Mortgages Magazine

Mortgage News for Sunday - December 19, 2004
Mortgage News 2004 Archive > Mortgage News for December 19, 2004 Archive

More Mortgage News
• Misinformation abounds about the role of the mortgage broker
• Mortgage process is both confusing and overwhelming
• Fannie Mae board meets Sunday on execs' fate
• Mexican poor now can buy own home
• You should put away enough for six months of rainy days
• Now, a way to hedge home equity holdings
• Explore mortgage lenders to avoid trouble
• Family gets home for Xmas
Mortgage News
You should put away enough for six months of rainy days - 2004-12-19
From the time she was a little girl, Dorian Rehfield understood the significance of saving money. She has always made sure to put aside enough funds to cover a year's expenses just in case of an emergency.

Then jot down all your expenses, dividing them between fixed costs, such as mortgage payments, and discretionary spending, such as entertainment.
Read the full story at New York Newsday
 
Now, a way to hedge home equity holdings - 2004-12-19
Could you lock in your present equity value and be protected against future real estate market declines? Could you, in the lingo of the financial markets, hedge your home equity holdings?

Two of the co-founders, Robert Shiller and Allan Weiss, helped pioneer the methodology of local housing price indexes now used by the federal government, investors Fannie Mae and Freddie Mac, and many large mortgage and housing firms to gauge property value changes in hundreds of local areas.
Read the full story at San Diego Union-Tribune
 

Mortgages Refinancing News at Mortgages Magazine

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