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Why consider refinancing? (Federal Reserve Board)
The interest rate on your mortgage is tied directly to how much you pay on your mortgage each month--lower rates usually mean lower payments. You may be able to get a lower rate because of changes in the market conditions or because your credit score has improved.
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Daily Briefing (The News Journal)
Today's business news in brief
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Lawsuits fly after dealership crashes (Crain's Detroit Business)
Stu Evans Lincoln Mercury opened its doors in Ecorse in 1945 with a franchise granted to legendary Detroit Red Wing Stu Evans by Henry Ford II.
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Is refinancing right for you? (FOX 43 Hampton Roads)
Instead of watching their American dream sink, thousands of Virginia homeowners are staying afloat by refinancing their mortgage. But is it right for you? MyFox Hampton Roads talked to a mortgage loan specialist to find out.
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My home's value has fallen sharply. Should I default on the mortgage? (The Indianapolis Star)
Perhaps you owe more on your mortgage than the declining value of your home. Or maybe you had a setback and can't afford your payments anymore. The temptation to walk away can be strong. However, defaulting on your mortgage can have long-term consequences on your credit rating and ability to get future loans. Let members of the Financial Planning Association of Greater Indiana help you make a ...
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Restructuring of mortgage loans gets tougher (The Arizona Republic)
Stalemate brewing between customers and specialists tasked to keep money rolling in.
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Frugal Family Challenge: Can these parents trim expenses? (USA Today)
Most of us know we should save more, shop less and live within our means. But temptations to spend beckon to us everywhere. Fact is, millions of American families have saved little or nothing for retirement, college or emergencies.
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Sheriff's sales are gauge of mortgage defaults (Minneapolis-St. Paul Star Tribune)
Sheriff’s sales — a key indicator of the mortgage crisis — have ballooned more than sixfold since 2003 in 10 metro counties, and another wave is expected.
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Plenty of bad economic news - but no outrage (Tucson Citizen)
WASHINGTON - Two giant mortgage companies get into hot water over risky investments. The government steps in to throw them a lifeline should they need it.
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State Bank of Vietnam helps stabilise economy (Vietnam Net)
VietNamNet Bridge - During an online interview on the Government’s website, central bank Governor Nguyen Van Giau re-affirmed the capability of the State Bank of Vietnam (SBV) to effectively stabilise the foreign exchange (FX) market whenever the market showed an unbalanced supply-demand ratio due to sentiment and speculation.
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