by Karen Datko Paul Navone is one of those quiet millionaires next door. His friends had no idea he had money until he started giving it away — $1 million to a college and another $1 million to a prep school. The 78-year-old retiree never made more than $11 an...
Fed chief raises expectations of more rate cuts Mortgage stocks rebound on rumor of BofA, Countrywide merger Friday, January 11, 2008 Inman News Federal Reserve Chairman Ben Bernanke raised expectations of further cuts in short-term interest rates in a speech...
Great time to “stock up” on ultra-cheap debt. Note that the cheaper it is to borrow, the more inflationary pressure!!! Mortgage rates plummet on softer economic news Freddie Mac: 30-year fixed sinks to Sept. 2005 level Thursday, January 10, 2008 Inman News...
Coast spared mortgage crisis Sunday, January 06, 2008 By VETO F. ROLEY PASCAGOULA — While the sub-prime mortgage crisis threatens to undermine housing markets across the United States, a leading real estate professional in Jackson County says effects from the...