mortgages

I'll admit that I'm not at all sure how a gold-based economy would work in handling the modern world. It's been 50+ years since it was used, and most critique I hear is at a very top-down style. So, if there are gold experts, how exactly would that market work? Will every housing loan need to...

Country wide trouble for Bank of America http://www.dailyfinance.com/story/credit/bank-of-america-mortgage-document-errors-trouble-countrywide/19728402/?icid=maing%7Cmain5%7C3%7Clink6%7C27442 If true I find it highly unlikely that such corner cutting was limited only to Countrywide. So if...

Which is riskier, a fixed rate mortgage or an adjustable rate mortgage? (For purposes of this discussion, I mean just a regular adjustable-rate mortgage without a so-called "teaser rate") Most people think of a fixed rate mortgage as safer, but is this really true? For one thing, you pay...

I have been trying to make some sense of the financial crisis we all seem to be caught up in, but I have been struck by what seems to be a contrast between the headlines telling us we have struck an iceberg and are sinking and what seem to be the data underpinning those headlines. Typical...