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Refinancing A Mortgage? Move FastForbes, NY -Jan 31, 2008Mark Vitner, an economist at Wachovia (nyse: WB - news - people ) in Charlotte, NC, locked in his own mortgage rates last week. "I didn't get the lowest" ...Metro's mortgage woes 'will get worse'Atlanta Journal Constitution, USA -Feb 2, 2008The Mortgage Association estimates that there were 103000 subprime mortgages in Georgia with adjustable-rate features in the third quarter of last year. ...
Even With Tough Mortgage Laws, NC Faces More ForeclosuresWRAL.com, NC -Jan 27, 2008Reform advocates attribute the changes as one reason why North Carolina's rate of foreclosure starts actually fell from 2005 to mid-2007, while rates in ...
Wall Street Embraces Government to Avoid Recession (Update1)Bloomberg -Feb 1, 2008McCarthy said he took an interest-only adjustable-rate mortgage in 2005 when he and his wife, Janna, bought a 1680- square-foot, ranch-style retirement home ...
Exploding ARMs Roil Bernanke's Drive to Calm Markets (Update2)Bloomberg -1 hour agoThe 66-year-old Minneapolis house painter has a payment- option adjustable-rate mortgage. It allows him to write a check for $565 a month even though he ...
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AFPElection campain hits 'Best Small Town in America'AFP -Jan 18, 2008"I want a 90-day moratorium on foreclosures, I want to freeze interest rates on these adjustable rate mortgages for five years." The appearance in Elko of ...Mortgage fallout on city's agendaLouisville Courier-Journal, KY -Feb 4, 2008But with many borrowers still facing higher interest payments from adjustable rate loans, Hall doesn't expect Jefferson County's foreclosure rate to drop ...
A subprime swing: Politicians seek answers to the US housing crisisMSNBC -Jan 15, 2008The loans create their own debt spiral, with some lenders charging interest rates of 391 per cent. On Wall Street, the mortgage crisis has caused some heads ...
Property Owners Could Find Relief After Federal Reserve Cuts ...WFtv.com, FL -Jan 22, 2008But even with Tuesday's emergency interest rate cut, Ault is not convinced that now is the time. And he's got 24 months on his adjustable rate mortgage. ...
Economic woes beginning to affect local governmentsBradenton Herald, United States -Jan 28, 2008"I think we will continue to see more because the adjustable rate mortgage problem will continue," Freeman said. According to US District Court records, ...
   
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