More Californians at risk of losing homes - 2007-01-24
The number of Californians defaulting on their mortgage loans is quickly increasing, according to figures released Tuesday, providing further evidence that more people are at risk of losing their homes. Default notices surged 145% in the last three months of 2006, accelerating a trend that started in late 2005 as home sales started to slow down. It was the biggest number of default notices in any three-month period since 1998.
Read the full story at Los Angeles Times

Lock That Mortgage Rate! - 2007-01-24
Purchasing that house is the biggest purchase that most people will ever make. Although there are a few people with the financial resources to pay cash for their new home, everyone else has to decide what type of mortgage loan to get and how much they can afford each month. With home prices still near record highs, you have to do everything within your means to make your money go as far as it can.
Read the full story at MSNBC