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Credit crisis has roots much closer to home - FortWayne.comThe politicians are blaming corporate greed – and each other, of course – for America’s financial nervous breakdown. But 35 years of experience have taught Tom Hufford that some of the culprits are much closer to home. “(Consumer debt) is the ...
UPDATE 1-U.S. weighs backing bank debt, deposits-reports - ReutersSYDNEY, Oct 10 (Reuters) - The U.S. government is weighing guaranteeing billions of dollars in bank debt and temporarily insuring al U.S. bank deposits, in a bid to unfreeze bank lending and staunch massive losses in equity markets, The Wall Street ...
McCain floats aid for homeowners - Detroit Free PressWASHINGTON -- Even as the campaign of Republican presidential candidate John McCain pitched his $300-billion plan to help millions of homeowners whose mortgages threaten their finances, aides to Democratic rival Barack Obama rejected the idea as ...
Q&A on economy: Should I change my 401K? - KTAR.comMany of you have concerns about the economic bailout bill and where the economy is going. News/Talk 92-3 KTAR invited listeners to submit their questions and posed them to some of our financial experts. Barry asked: "About a month and a half ago, I ...
Obama: Times too serious for petty attacks - Boston GlobeResponding to what is now a global financial crisis, Barack Obama today called for pragmatism not partisanship, offered some more detail on a plan to help small businesses, and tweaked his critique of Republican rival John McCain. "This is not a time ...
The fine line between proud and too proud - Palestine Herald-PressI walked into the living room the other morning and heard someone speaking on the news. I don't even remember who it was or what he was talking about, but I found him to be obnoxiously arrogant. “That guy is full of pride,” I said. “And pride ...
October 2008 - Posts - MSNBC FirstreadMcCain just called on his supporters to be respectful at his town hall. "We want to fight, and I want to fight, but we will be respectful," McCain said to boos at first. "I want everyone to be respectful," he then said and people began to clap. In ...
Foreclosures hit record in August as housing prices fell - Evening Star(Bloomberg) - U.S. foreclosure filings rose to a record in August as falling home prices made it harder to sell or refinance homes to pay off the mortgage, RealtyTrac Inc. said. Owners of 303,879 properties, or one in 416 U.S. households, got a ...
Bayh urges caution on federal bailout Souder prepared to vote yes ... - FortWayne.comWASHINGTON – If U.S. taxpayers will be on the hook for the proposed bailout for financial firms, Sen. Evan Bayh, D-Ind., said Tuesday, they ought to benefit if all goes well. Bayh, like many Capitol Hill Democrats, is pushing to change the Bush ...
Aid offered for home buyers - Detroit NewsWESTLAND -- The city is getting proactive to save some of its neighborhood homes from abandonment by launching a program that offers assistance to new home buyers. The program, which was approved by the city's housing commission last week, offers ...

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Today's Mortgage Terms starting with V
VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.
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