Archive for February, 2008

20 Feb

Consider a Reverse Mortgage ？

Wednesday February 20
By Gerri Willis, CNN

Mortgage payments sucking you dry?Boomers short on retirement savings may have another option: reverse mortgages. Can these complicated products fill the gap?
Reverse mortgages are exactly that. Instead of paying the bank, the bank pays you. It’s a type of loan where your equity is converted into cash.
These mortgages […]

Posted in Mortgage by: admin
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11 Feb

INVESTMENT NEWS: Except For AIG, DOW Has A Good Day

Market despatches 2/11/08 6:45PM ET
AIG shares slump after it says losses from mortgage-related securities are bigger than thought. Microsoft signals it won’t take ‘NO’ for an answer after Yahoo rejects its $44.6 billion offer. The Dow will get a makeover next week. Apple leads techs higher. Crude oil jumps.
The stock market gave investors a […]

Posted in Finace News by: admin
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