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 Thornburg Mortgage Posts Profit, Resumes Lending (Update1)Bloomberg -Feb 5, 2008Bad loans will continue to hurt profit at San Francisco-based Wells Fargo and Charlotte, North Carolina-based Wachovia, analyst Edward Najarian said in a ...
 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 ...
 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. ...
 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 ...
 WRAL.comHome Foreclosure Rate Continues to Soar; NC Is 18thWRAL.com, NC -Jan 29, 2008Many homeowners started to fall behind on mortgage payments in the last three months, setting the stage for more foreclosures this year. In North Carolina...

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 Low mortgage rates make refinancing attractiveUSA Today -Feb 4, 2008The drop in rates has prompted a surge of refinancing as homeowners look to get out of adjustable-rate mortgages or lower the rate on their fixed-rate...
 COLUMN: Money Panel: ARMS reset after a timeThe Californian, CA -Feb 2, 2008QUESTION: I have an adjustable rate mortgage on my home. Can you explain how the payments can change? KATHY YAMAMOTO: As you probably know, the interest ...
 Best SyndicationHow To Lower Home Mortgage Interest RatesBest Syndication, CA -Jan 27, 2008Another basic type of home mortgage is the adjustable rate mortgage. This is an arrangement which allows a person’s payment to be pegged on economic ...
 Fed cuts give strapped homeowners some breathing roomMarketWatch -Jan 23, 2008Consider what's happened since September's rate cut for creditworthy Schwab borrowers. A 5-1 adjustable rate mortgage of $350000 carried a 6.52% interest ...
 Pain relief for mortgage flare-upsCNNMoney.com -Jan 24, 2008Those resets for adjustable rate mortgages may be a little easier to take as interest rates fall. By Les Christie, CNNMoney.com staff writer As the credit ...