South Chatham Mortgage Rates and Information Online from competing Lenders

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U.S. home construction sinks to record low - Winnipeg Sun
WASHINGTON — Construction of new homes in America plunged last month to the lowest level on records going back nearly 50 years as U.S. builders slashed production while Wall Street nosedived. Embattled homebuilders, who enjoyed a five-year boom ...

Britain's worst price falls - Guardian Unlimited
Just how bad is the property market right now? Are desperate sellers slicing thousands off asking prices to shift their homes? Do the national average figures disguise massive variations on a street-by-street level? Or are homeowners refusing to ...

Housing slump deepens as prices drop most in 26 years - Globe and Mail
Silver Standard (America is a welfare queen superpower) from Canada writes: Well guys in a few years I will finally be able to afford a house. I remember earlier this year I was insulted on this forum for saying such a thing. Prices are going to fall ...

Summit participants ponder Cape's economic, demographic problems - Cape Cod Today
A year ago, demographer Peter Francese warned the first Cape Cod Economic Summit that demographic trends showed that population growth on the Cape, long one of the fastest growing areas in New England, had essentially stopped, and that the Cape ...

School for the blind starts visionary newsroom - Newark Star-Ledger
Ed Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...

Standard Pacific Homes Continues Their Award Winning Tradition - Carolina Newswire
RALEIGH, N.C. -- Standard Pacific Homes won silver for their Emery B plan in the Brightleaf at the Park neighborhood. The accolades were given out this past Tuesday night at the Durham, Orange and Chatham County awards dinner for the Parade of Homes ...

More aftershocks hit economy on Wednesday - AZCentral.com
NEW YORK - After three days of relative calm, turbulence returned to Wall Street on Wednesday. Louder warnings of a deep recession and weak corporate earnings took the Dow Jones industrial average down 514 points amid fears that government ...

Dow sinks 514 on louder warnings of a recession - San Francisco Gate
Now what? After three days of relative calm, turbulence returned to Wall Street on Wednesday. Louder warnings of a deep recession and weak corporate earnings took the Dow Jones industrial average down 514 points amid fears that government ...

Recession fears, weak earnings stoke stock selling - Forbes
World stock markets sagged again Wednesday as a barrage of weak corporate earnings stoked fears that the government's financial intervention won't keep global economies out of recession. Poor earnings from large companies in disparate sectors ...

Recession fears, weak earnings stoke sell-off - Newsday
After three days of relative calm, turbulence returned to Wall Street on Wednesday. Louder warnings of a deep recession and weak corporate earnings took the Dow Jones industrial average down 514 points amid fears that government intervention won't be ...

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Today's Mortgage Terms starting with H

  • Home Equity Line of Credit: A type of revolving credit in which your home is used as collateral.
  • Home Equity Loan: A revolving line of credit or loan based on the equity in the mortgagor's property. The property is the collateral for the loan, which is usable for any purpose.
  • Housing and Urban Development (HUD): A U.S. government agency created to introduce federal housing and community development programs; manages the Federal Housing Administration.
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