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Arizonans brace for summer mortgage resets (The Arizona Republic)
The number of adjustable-rate mortgage resets is expected to peak this month in Arizona.
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Realty Q&A: Direction of interest rates critical factor in refinancing (Market Watch)
I am about to refi my mortgage, which is going to switch to an adjustable rate in the next 60 days. I plan to remain in my house for the next10 years. I am looking for an intelligent and independent view of the current rate situation and I believe you would have that.
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Former prosecutor sentenced in mortgage theft (The Philadelphia Inquirer)
A former Bucks County prosecutor who had pleaded guilty to stealing mortgage payments, writing bad checks, and forging a judge's signature was sentenced to prison by a Delaware County Court judge yesterday.
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Mortgage crisis lacks punch in Kossuth (Mid-Iowa News)
ALGONA - United States representatives and senators debate bills to bail out the mortgage crisis. Mortgage loan delinquency (ratio of borrowers 60 or more days past due) increase for the fifth straight quarter and hit a national average high of 3.23 percent for the first three months of 2008.
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Heritage House owners hope to avoid foreclosure (Mendocino Beacon)
Famed as the set for the 1978 film, "Same Time Next Year," the Heritage House Inn in Little River now faces a rendezvous with foreclosure. Owner David Wilk is confident the 60-year love affair between the community and the blufftop compound won't end in a sale on the courthouse steps.
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Personal Finance Daily: You may want to bail on your adjustable mortgage (Market Watch)
The Federal Reserve has sent a pretty clear signal to the markets that it stands ready to push interest rates higher to fight inflation. If you are a homeowner with an adjustable-rate mortgage, you can pretty much interpret that as well as a signal to jump into a fixed-rate loan as quickly as you can.
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Divorcee wise to wipe name from mortgage (Reno Gazette-Journal)
My ex-husband and I bought a house in 1995. We divorced in 1999, and pursuant to our divorce decree, he kept the house and I moved out. We both remarried in 2000. My new husband and I have a new mortgage on our home, after fighting to prove to the lender that my ex has the previous house.
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Arlington Capital: Reversing the mortgage pays the homeowner (Cape Gazette)
When making decisions about whether to use or purchase financial products, there’s no substitute for accurate information and knowledgeable help.
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Foreclosures beginning to climb in Hills region (Rapid City Journal)
Home mortgage foreclosures are climbing sharply in Pennington County and are on pace to eclipse last year's total by the end of September.
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Mortgage pain hits 24,000 in SA (Adelaide Now)
NEARLY 24,000 South Australian households are experiencing severe mortgage stress, new research shows.
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