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Bellingham man's adjustable mortgage became money trap - Bellingham Herald
Like millions of his fellow Americans, Francisco Caceres of Bellingham took advantage of an adjustable rate mortgage to help him buy a house with a monthly payment he could afford. Caceres said he got his first adjustable mortgage seven years ago and ...

People Forced To Choose Between Medical, Home Payments - eMaxHealth.com
The Wall Street Journal on Tuesday examined how the U.S. "housing market's collapse is forcing a growing number of Americans sitting on large medical bills to choose between paying the mortgage and paying the doctor." According to the Journal ...

Interest in home buying surges as mortgage rates plunge - Sacramento Bee
The federal government's newest bailout package has lit a new fire under the Sacramento housing market. The government's move, announced Tuesday, brought mortgage rates down nearly a full percentage point. It brought some new buyers out of the ...

Don't use credit card to pay mortgage - Sauk Valley Daily Gazette
DEAR DEBT ADVISER: I have a mortgage of $213,000 on a home valued at $276,000. My credit score is 713. I'm wondering if I would be better off to max out all my credit cards - the combined limit total is approximately $70,000 - and pay down my ...

Recap of Saturday, November 29 - FOX News
This past week’s Bulls & Bears: Gary B. Smith, Exemplar Capital managing partner; Pat Dorsey, Morningstar.com director of stock research; Eric Bolling, FOX Business Network; Tobin Smith, ChangeWave Research editor; Patricia Powell, Powell Financial ...

Housing industry asks help of Obama - Arizona Daily Star
WASHINGTON — As nationwide sales of existing homes felling more than expected last month and the median sale price plunged to $183,000, the U.S. housing market keeps getting worse. With more bad news likely on the way, industry groups pressed ...

The House Folds: The Housing Market and Irrational Exuberance - Nation
Nicholas von Hoffman : Forget big bailouts. The fed should finance non-profit state banks like the Bank of North Dakota--no profit means no reason for bankers to misbehave--to get real money to real people in the real economy. Max Fraser : The ...

Massive new Fed programs aimed at loosening credit - Seattle Times
U.S. Secretary of the Treasury Henry Paulson answers questions Tuesday morning after announcing up to $800 billion in new spending measures to unfreeze consumer credit. Rolling out powerful new weapons against the financial meltdown, the Bush ...

Home sales heat up in the west - KING-5
Sales of existing homes jumped dramatically in the Western region in October as buyers scooped up foreclosed homes and other bargains. About 104,000 existing homes and condos were sold last month in the 13-state region, a National Association of ...

Creating Jobs In The Teeth Of The Financial Crisis - Scoop
Giving the local government portfolio to Rodney Hide creates some management challenges for John Key. Can Key really afford to let Hide loose down the privatising track in local government – which would entail the wholesale contracting out of ...