Lured by rock-bottom interest rates, a growing share of borrowers looking to refinance are opting for a 15-year mortgage instead of the traditional 30-year one. Fifteen-year fixed-rate loans accounted for nearly one in five refinance applications in October, according to the Mortgage Bankers Asso
...
12/15/2009
How does the Bible describe God's love? Scripture Reading: Luke 15:1-7 Key Verse(s): Heaven will be happier over one lost sinner who returns to God than over ninety-nine others who are righteous and haven't strayed away! (Luke 15:7) God's love is forgiving.We may be able to understand a God who w
...
12/15/2009
After five weeks of declines, rates on most mortgages moved higher this week, following long-term bond yields that rose after an upbeat employment report, Freddie Mac's chief economist said Thursday. The 30-year fixed-rate mortgage averaged 4.81% for the week ended Dec. 10, up from last week's 4.
...
12/15/2009
Ten Questions on the Volatile Housing Market Lower Prices Have Spurred Home Sales, but Looming Foreclosures and High Unemployment Are Clouding the Outlook By JAMES R. HAGERTY The U.S. housing market has been in a slump for the past four years. When will it ever end? In recent years, real estate h
...
12/10/2009
Green Acres Is the Place to Be The Recession Is Inspiring More Young Families and Singles to Head Back to the Country By GWENDOLYN BOUNDS In June, 40-year-old Shane Dawley and his 36-year-old wife, Rhonda, uprooted themselves and their four boys from their suburban Atlanta rental home and bought
...
12/09/2009
DECEMBER 3, 2009 Beach Erosion Weighed in Property-Rights Case By JESS BRAVIN The Supreme Court waded into a property-rights dispute Wednesday, weighing whether Florida can restore eroded beaches in front of private homes and designate the newly emerged beach as public property. Erosion threaten
...
12/09/2009
By JUNE FLETCHER From Wall Street: http://online.wsj.com/article/SB10001424052748704007804574574114204199896.html Q: My husband and I can afford a mortgage in the mid-$500,000 range with $150,000 from my parents for the down payment. My parents live in Santiago, Chile and are not American citize
...
12/09/2009