First American Real Estate Solutions, a unit of title insurer First American Corporation, released a study of households that originated Adustable Rate Mortgages (ARMs) in 2004 and 2005. The Wall Street Journal reports that …
Posted in Debt, Mortgages March 11th, 2006 by Jack | No comments
Rising interest rates (prime has climbed from 4% to 7.5% in three years) appear to have convinced many home owners to forego revolving home equity loans, which often base their interest rates on prime.
Federal Reserve …
Posted in Debt, Mortgages March 11th, 2006 by Jack | No comments
