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Mortgage News for Saturday - March 26, 2005

More Mortgage News
• Battling mortgage creditors on the home front
• BEHIND THE HOUSING BOOM
• Investors and home loan borrowers tread cautiously
• ID theft victims, officials call for more protection
• Military, show business give Military, show business give mortgage banker outlets for service
• Locking in your mortgage's rate
• More Bay Area residents priced out of housing market
• Bisbee currently a 'seller's market' for homes, local agents say
Mortgage News
Investors and home loan borrowers tread cautiously - 2005-03-26
If you have an adjustable-rate mortgage, you probably shake at words like, well, "adjustable" and "rate" and "mortgage." You're probably not too happy with Federal Reserve Chairman Alan Greenspan these days either.

But if you're investing for income, remove his picture from the dartboard and send him cookies instead. Rising interest rates are sweet for long-suffering income investors. But it's still a good time to tread cautiously.
Read the full story at Detroit News
 
ID theft victims, officials call for more protection - 2005-03-26
You tear up your canceled checks. You refuse to casually hand out your Social Security number. And you never respond to e-mails asking to "verify" your credit card accounts.

"Never assume that any bank, credit card or mortgage company has Fort Knox security. Because they don't," said James Walsh, co-author of "Credit Scores, Credit Cards: How Consumer Finance Works and How to Avoid Mistakes and Manage Your Accounts Well."
Read the full story at Detroit News
 






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