Friday, September 16, 2005

Hurricane brought financial disparities into focus; NAACP urges freeze on foreclosures (Home Equity News)


Hurricane brought financial disparities into focus; NAACP urges freeze on foreclosures
AP via Florida Times-Union - never used an ATM machine or applied for a home mortgage. Often, they turn to storefront payday lenders to refinance mortgages, home equity loans or home repair loans that the

Fed: Minorities pay more for housing loans
USA Today - to take out higher-priced loans to buy or refinance a home and are denied loans more often say in their study of Home Mortgage Disclosure Act (HMDA) data that

Valley resale home market still growing, prices still climbing
New Mexico Business Weekly - Valley resale home market still growing, prices still climbing The local resale home market was slightly value, the monthly mortgage payment for the median price home a year ago

Katrina brings financial plight to focus
Boston Globe - never used an ATM machine or applied for a home mortgage. Often, they turn to storefront payday lenders than whites, according to a Federal Reserve analysis of home lending data

Mortgage rates tick up a notch
Sun Herald - By MARTIN CRUTSINGERTHE ASSOCIATED PRESS WASHINGTON - Rates on 30-year mortgages rose for the first time in five weeks as investors awaited word from next week's meeting of the Federal Reserve on the future direction of mortgage rates. popular choice for refinancing a home mortgage, averaged 5.32 percent this week