REFINANCE HOUSE
Bob Bruss: Danger of a big old tree threatens to come between neighbors San Antonio Express News Dear Bob: My neighbor's property has a big old tree that leans dangerously toward my house. About a year ago, in a storm a big branch fell on my house but fortunately didn't do much damage. However, I am concerned the tree has become heavier and seems to be leaning more toward my bedrooms. I've tried being nice to the neighbor, even offering to pay for trimming or removing the tree. But she • How to get better mortgage refinance deal Turks.US In simple terms a refinanced mortgage is one where a borrower repays a previous loan by taking a new one. The main motive behind refinance mortgage is to get a lower interest rate, lowering their payments or to take cash out of their home equity. ARM borrowers playing interest roulette UPI NEW YORK, Sept. 23 (UPI) -- U.S. homeowners who opted for adjustable-rate mortgages face a tough choice: Play interest rate roulette or refinance for a higher-rate fixed mortgage. Option ARMS may take a bite out of budgets The Columbus Dispatch Homeowners who were lured to so-called option ARMs during the big housing run-up by promises of extra-low monthly payments or 1 percent interest soon could face an ugly reality: mortgage payments that could more than double. Housing outlook? Spin the wheel The Sacramento Bee Eleven months ago as the Sacramento-area real estate market stood at the beginning of a downturn, the National Association of Realtors said there was only one thing that could make the region's home prices fall 5 percent. Refinancing rises as buyers try to beat higher rates The Morning Call They jump 9.5 percent; mortgage applications for purchases dropped. Mortgage applications in the U.S. increased last week to the highest level since April as borrowing costs close to a five-month low spurred refinancing. USDA says it will support hospital The Natchez Democrat NATCHEZ — Officials with the state offices of USDA Rural Development were in Natchez Monday to assure the county hospital board of their support in upcoming refinancing and capital improvement projects. Lending a hand Worcester Telegram & Gazette WORCESTER - Rosa M. Salas claps her hands together loudly and the 15 people in her class peer up from the paperwork she handed them minutes earlier. Subprime home loans can hurt minorities The Biloxi Sun Herald Psst Have I got a deal for you - a dirt cheap mortgage that lets you decide how much to pay each month. And don't worry about your lousy credit rating, we'll lend to anybody. It Seemed Like a Good Bet at the Time New York Times Payments on adjustable-rate mortgages are heading up, leaving many homeowners with some hard choices.
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