New Mortgage Data Show Adjustable Rate Mortgages Unnecessary for Most Subprime Borrowers
Milwaukee, WI (PRWEB) May 31, 2007 -- Consumers holding adjustable rate loans may be tempted to refinance with another adjustable rate loan for a smaller payment, but the savings are not worth the...
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MLS Reverse Mortgage Now Offers Fixed Rate Reverse Mortgages
Auburn, CA (PRWEB) May 24, 2007 -- The fixed rate Home Equity Conversion Mortgage (HECM) eliminates the risk of adjustable-rate mortgages. With the HECM Fixed Rate loan, the borrower has the comfort...
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Morgan Stanley Insured Municipal Income Trust Adopts Investment Policy Changes
the marketplace, some of the insurers of municipal obligations have experienced ratings downgrades by the ratings agencies that rate such insurers claims paying ability. This affects many funds that invest in insured municipal obligations because many of
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ETFs Endure Another Volatile Week (Daily ETF Wrap-Up)
million homeowners avoid foreclosure and Federal Reserve chairman Ben Bernanke said he isn't ruling out another interest rate cut. The week also revealed that retail sales had pulled back 2.8% in October, a sizable cutback that hurt all sorts of
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