Help is out there for homeowners

From a busy office in Commerce, Calif., Isabel Duran sits at a desk with a heaping bowl of chocolates and counsels clients on the brink of losing their homes. The financial specialist talks on the phone to homeowners about options that will help them avoid...

Low loan rates spur activity

With mortgage rates reaching a record low this week nationally, local lenders say they are getting many more requests from people who want to refinance. Some rates are between 4.5 and 4.75 percent for a 30-year fixed loan in the Triad. “Our refinance activity...

Home buyers who missed tax credit coming out ahead

Home shoppers who missed the April 30 deadline for a housing tax credit might have the last laugh. For a variety of reasons, they could end up saving more than the $8,000 they could have received from the tax refund: In some neighborhoods and price ranges, sellers are...

Mortgages can help, rather than hinder, finances

While most financial-savvy consumers do their best to avoid debt, one debt that is unavoidable to many families is a mortgage. Because many of us feel more in control of our home and expenses without a mortgage, a common question is whether to pay it off as quickly as...
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