Tie Me Up, Tie Me Down to Fixed-Rate Home Loan: Amity Shlaes (Bloomberg.com)
Oct. 12 (Bloomberg) -- There's nothing wrong with fixed -- the fixed-rate mortgage, that is. As the mortgage crisis has unfolded, everyone has blamed the new-fangled mortgages: Interest-only, pick-a-payment, subprime ARMs, Alt-As became pejoratives overnight.

Offer to buy contingent on selling old home carries certain risks (The News-Press)
Most home buyers are resistant to selling their current home before they already have another one tied up.

The Home Buying Process: Step by Step (Benton Evening News)
(ARA) - Buying a home can be a very intimidating process, especially if you've never done it before. So the first thing you should do before you start is to figure out whether owning a home is right for you.

Adjustable-rate mortgage increases to hit home (The Plain Dealer)
A wave of mortgage-rate increases is poised to sweep the country, and many homeowners have no clue as to when or how hard they will be hit, according to a national survey that will be released today in Cleveland.

List Of Recalled Infant Cough And Cold Medicines (WNBC)
Trade your ARM for a fixed rate or get cash from your home’s equity. LendingTree helps you find the right refinance loan with expert articles and mortgage calculators. Complete the simple, secure online request and compare up to 4 offers. No fees, no obligation! Get started.

High-rate mortgage loans made in every corner of U.S. (Deseret Morning News)
As America's mortgage markets began unraveling this year, economists seeking explanations pointed to "subprime" mortgages issued to low-income, minority and urban borrowers.

Junk mortgages under the microscope (CNN Money)
It's getting hard to wrap your brain around subprime mortgages, Wall Street's fancy name for junk home loans. There's so much subprime stuff floating around - more than $1.5 trillion of loans, maybe $200 billion of losses, thousands of families facing foreclosure, umpteen politicians yapping - that it's like the federal budget: It's just too big to be understandable.

Interest-rate rises hurting homeowners (Otago Daily Times)
HOMEOWNERS are feeling the effects of increases in interest rates by the Reserve Bank of New Zealand, credit rating agency Standard and Poor’s says. That means the standard of mortgages backing financial products known as residential mortgage-backed securities (RMBS) is deteriorating.

CIT Reports Third Quarter Results (Business Wire via Yahoo! Finance)
NEW YORK----CIT Group Inc. , today reported diluted net loss per share of $0.24 for the third quarter of 2007, due to the home lending charge, versus $1.44 of earnings per share for the 2006 quarter.

How to Determine if it's Time to Refinance (The Bradford Era)
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators?