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Disney Guests to Get In Free On Their Birthday

If your birthday wish is to visit one of the local Disney theme parks, then Walt Disney Parks & Resorts has an offer for you: a free ticket for anyone who shows up on their birthday with a valid ID, including proof of birth date. The birthday offer is part of the...

Meltdown 101: Bankruptcy Won’t Help Borrowers Much

WASHINGTON – Oct. 15, 2008 – Can filing for bankruptcy help homeowners facing foreclosure? For most people, trying to negotiate changes in their loan with help from a housing counselor or lawyer is a far better option. While bankruptcy judges can reduce or eliminate...

Shocking Property Taxes For Buyers in Troubled Market

TALLAHASSEE, Fla. – Oct. 9, 2008 – Real estate ads these days include listing after listing of bargain-basement prices. But those who buy a home in a foreclosure or a pre-foreclosure sale should know that future property bills may be no bargain. Just because someone...

NAR: Pending Home Sales Surged 7.4% in August

WASHINGTON – Oct. 8, 2008 – Pending home sales activity surged as buyers took advantage of low home prices and affordable interest rates, according to the National Association of Realtors® (NAR). The Pending Home Sales Index (PHSI), a forward-looking indicator based...

Bank of America Settles Lawsuit Over Bad Mortgages

SPRINGFIELD, Ill. – Oct. 6, 2008 – Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. (who now owns Countrywide Financial Corp.) has agreed to modify tens of thousands of loans to keep people in 11 states from losing their homes, the Illinois...

Thirty Year Mortgages Rise to 6.10 Percent

WASHINGTON – Oct. 3, 2008 – Rates on 30-year mortgages have risen for a second straight week, climbing to the highest level in a month. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.10 percent this week, up slightly...