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August 2008 - Around The Web



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It is a continuously updated stream of news from around the web.  Visit throughout the day for the latest breaking news.

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  • Fixed Rates Down, ARMs Up
    Published Thu, Sep 04 2008 9:47 AM by www.thetruthaboutmortgage.com
    Interest rates on adjustable-rate mortgages inched up during the week as fixed-rates saw mild improvement, mortgage financier Freddie Mac reported today. “Interest rates for fixed-rate mortgages continue to drift down as reports of economic weakness...

  • Man Simulated Robbery to Pay Mortgage
    Published Thu, Sep 04 2008 9:47 AM by www.thetruthaboutmortgage.com
    It seems things are becoming increasingly desperate as more and more borrowers grapple with unaffordable mortgage payments. The latest involves a Long Island truck driver behind on his mortgage who executed an elaborate fake robbery in order to pocket...