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Unlocking your home equity (CNN Money)
The housing rescue package that Congress scrambled to pass in July was aimed primarily at stemming foreclosures and shoring up Fannie Mae and Freddie Mac. But it also contains provisions that make reverse mortgages a better deal for older homeowners who want to turn their equity into cash.
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Is A Reverse Mortgage Right For You? (Investopedia via Yahoo! Finance)
Home equity can be a viable financing alternative, but it depends on how you spend the funds.
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Home Federal Bancorp, Inc. of Louisiana Reports Results of Operations For the Year and Quarter Ended June 30, 2008 and ... (Centre Daily Times)
Home Federal Bancorp, Inc. of Louisiana (the "Company") (OTCBB:HFBL), the "mid-tier" holding company of Home Federal Savings and Loan Association, reported net loss for the year ended June 30, 2008 of $82,000, or diluted loss per share of $0.03, a decrease of $719,000, or 112.9%, as compared to the $637,000 in net income reported for the year ended June 30, 2007. Net loss for the three months ...
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Home Federal Bancorp, Inc. of Louisiana Reports Results of Operations For the Year and Quarter Ended June 30, 2008 and ... (Business Wire via Yahoo! Finance)
SHREVEPORT, La.----Home Federal Bancorp, Inc. of Louisiana , the “mid-tier” holding company of Home Federal Savings and Loan Association, reported net loss for the year ended June 30, 2008 of $82,000, or diluted loss per share of $0.03, a decrease of $719,000, or 112.9%, as compared to the $637,000 in net income reported for the year ended June 30, 2007.
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How to get the best loan rates (Bankrate.com via Yahoo! Finance)
Learn about the forces that drive rates on several different types of loans in this tough lending environment.
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Understanding Foreclosures: It’s About the Income Gap (Santa Monica Mirror)
Casting blame has been easy during this year’s great and ongoing epidemic of home mortgage foreclosures.
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Home loans: Mortgage approvals plunge by 65% (Guardian Unlimited)
Situation unlikely to get better until availability of home loans improves and house prices stop falling
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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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Tapping the Future Value of Your Home (US News & World Report)
Some retirees leverage home appreciation in advance.
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Conn's, Inc. Reports Earnings for the Quarter Ended July 31, 2008 (Business Wire via Yahoo! Finance)
BEAUMONT, Texas----Conn’s, Inc. , a specialty retailer of home appliances, consumer electronics, computers, lawn and garden products, furniture and mattresses, today announced earnings results for the quarter and six months ended July 31, 2008.
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