Books offer advice on securing a home mortgage

Beacon Journal | 09/27/2005 | Books offer advice on securing a home mortgage: "If you believe what the television ads have to say, shopping for a home mortgage is an easy and simple process. But that's hardly the case.
Securing a home mortgage requires a variety of steps, such as selecting a mortgage type and landing a low interest rate and good payment terms.
Here are helpful books:
The Mortgage Answer Book by John Talamo, $14.95, discusses how to choose a mortgage from among 12 types.
All About Mortgages: Insider Tips to Financing or Refinancing Your Home by Julie Garton-Good, $19.95, contains information "
-----------------------------------------------
Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Greenspan-cash from home values grew mortgage debt

Stock Market News and Investment Information | Reuters.com: " Federal Reserve Chairman Alan Greenspan said on Monday his own research reveals that 80 percent of the gain in U.S. mortgage debt is due to people taking cash out of the value of their homes.
'Discretionary extraction of home equity accounts for about four-fifths of the rise in home mortgage debt,' he said, describing the paper in a speech to the American Bankers' Association."
----------------------------------------
Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Single-family home sales up in Mass., breaking string of declines

Single-family home sales up in Mass., breaking string of declines - Boston.com: "Statewide sales of single-family homes in August rose at the fastest pace so far this year, reversing a recent trend of declining sales, a trade group said Monday."
---------------------------------------
Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Existing-home sales through roof

DenverPost.com - BUSINESS: "U.S. sales of previously owned homes unexpectedly surged in August, and prices reached an all- time high, defying predictions that the housing market was peaking.
Existing-home sales rose 2 percent from July to a 7.29 million annual pace last month, the second-highest level on record, the National "
------------------------------------------
Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Home prices, sales accelerate

Argus Leader - Business: " U.S. existing home sales soared to the second-highest pace on record in August, while prices took the biggest annual jump in 26 years, the National Association of Realtors said Monday.

Separately, Federal Reserve Chairman Alan Greenspan said froth in home sales might have spilled over into mortgage markets, with borrowers opting for exotic products such as interest-only loans. But he said most homeowners had enough equity to weather a possible downturn.

The Realtors said sales of existing condos, single-family homes, and co-ops rose 2 percent in August from July to a seasonally adjusted annual rate of 7.29 million. That's 7.8 percent above August 2004 and second only to June's 7.35 million rate"
---------------------------------------
Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Single Family Home Sales up

: "Statewide sales of single-family homes in August rose at the fastest pace so far this year, reversing a recent trend of declining sales"
-------------------------------------------------
Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Consumer Confidence, Home Sales Plunge

Bloomberg.com: U.S.: " U.S. consumer confidence fell by the most in 15 years after Hurricane Katrina devastated the Gulf Coast and pushed gasoline prices to a record this month.
The consumer confidence index dropped to 86.6, the lowest in two years, from 105.5 in August, the New York-based Conference Board research group said today. New home sales sold in August at the slowest pace since November, falling 9.9 percent to a 1.237 million annual rate, the Commerce Department said in Washington. "
--------------------------------------
Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

U.S. new home sales fall more than expected

World Peace Herald: " U.S. sales of new one-family homes fell hard last month, dropping 9.9 percent from the previous month.

New residences sold in August at a yearly rate of 1.237 million, the bureau said, which was 6.2 percent above the year earlier level, the Census Bureau reported Tuesday. "
----------------------------------------------
Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

New-home sales plunge 9.9%, confidence drops

USATODAY.com - New-home sales plunge 9.9%, confidence drops: " Sales of new homes plunged 9.9% in August, biggest drop in nine months, as the nation's housing industry continued to flash mixed signals about whether the boom is starting to fade.
In a second report, the Conference Board said its consumer confidence index, compiled from a survey of U.S. households, dropped 18.9 points in September, to 86.6, from a revised reading of 105.5 in August. "
-----------------------------------------------
Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.