Never borrow more than your house is worth
Never borrow more than your house is worth August 4th, 2008 Mortgages appear to be a topic in the news constantly. I turn on the TV and there is another mortgage crisis. It is familiar to me because I had my own recently. My advice and it seems others advise this as well, is to never borrow more than your house is worth. Wildly we were all given loans through our great credit! Now we are all paying dearly. With the recent slump in the market many are scrambling to break even with their
Safety Announces Second Quarter 2008 Results and Declares Third Quarter 2008 Dividend (Centre Daily Times)
Safety Insurance Group, Inc. (NASDAQ:SAFT) today reported second quarter 2008 results. Net income for the quarter ended June 30, 2008 was $20.9 million, or $1.30 per diluted share, compared to $22.9 million, or $1.42 per diluted share, for the comparable 2007 period. Net income for the six months ended June 30, 2008 was $40.0 million, or $2.48 per diluted share, compared to $47.6 million, or …
The New Mortgage Relief Bill
The New Mortgage Relief Bill From the AP: How the housing bill signed into law Wednesday by President Bush affects homeowners: All homeowners who do not itemize their income taxes can deduct between $500 and $1,000 from their 2008 federal taxes. Homeowners struggling to make payments on high-interest mortgages can contact their banks and transform their loans into government-backed, 30-year fixed-rate mortgages. To qualify, homeowners must have a mortgage debt-to-income ra