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Deducting mortgage interest (Bankrate.com via Yahoo! Finance)
Two mortgages can be deducted if they meet the qualifications, says CPA George Saenz.
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Retailers feel interest rate crunch (Mail and Guardian)
As interest rate hikes tighten consumer purse strings, retailers are bracing themselves for a disappointing festive season. Large merchandisers, such as the JD Group and Woolworths, are reconciling themselves to a slowdown in festive season activity as volatile fuel prices and consumer indebtedness compounds the effects of interest rate increases on their customers.
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Cairns Lockie Mortgage Commentary 29 August 2008 (Scoop.co.nz)
Welcome to the fifteenth fortnightly Cairns Lockie Mortgage Commentary for 2008. We aim to keep you informed on developments at Cairns Lockie, Home Loans and the mortgage market in general.
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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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Can mortgage be deducted on two houses? (Bankrate.com)
Dear Tax Talk, I currently own a house and I'm paying the mortgage payment. I wanted to buy another house for my retired parents to live in. Both houses are going to be in my wife's and my name.
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Color of Money Book Club (Washington Post)
Personal finance columnist Michelle Singletary hosted an online discussion with Carolyn Warren, author of "Mortgage Rip-Offs and Money Savers" (John Wiley & Sons), on Thursday, Aug. 28 at Noon ET.
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When A Mortgage Loan Is Necessary For Your Aventura Home Purchase (Turks.US)
If you think that it's impossible to purchase an Aventura home with your limited budget, then you are in for a shocking surprise. Actually, there is a way to boost your funding for a home acquisition without putting you into a financial hurdle paying for it -- and this is through mortgage loans.
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Is It Time to Sell Your Foreign Stocks? (BusinessWeek Online via Yahoo! News)
The stock prices of mortgage giants Fannie Mae and Freddie Mac have cratered. The bottom of the worst housing slump since the Great Depression hasn't been reached. Fears of inflation are mounting.
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Fannie, Freddie Mortgage Profit Rises With Debt Costs (Update2) (Bloomberg.com)
Aug. 27 (Bloomberg) -- The crisis of confidence that sent Fannie Mae and Freddie Mac debt costs to record highs above U.S. Treasuries is also providing the mortgage-finance companies with the biggest profits on new investments since at least 1998.
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Bradford & Bingley Chief Says Buy-to-Let Not Threat (Update2) (Bloomberg.com)
Aug. 29 (Bloomberg) -- Bradford & Bingley Plc Chief Executive Officer Richard Pym said the slumping buy-to-let mortgage market won't threaten earnings after the biggest lender to U.K. landlords posted its first loss in four years.
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