Sunday, October 16, 2005

To Entice Borrowers, Banks Sweeten Home-Equity Offers


To Entice Borrowers, Banks Sweeten Home-Equity Offers
Rising short-term interest rates have slowed the growth in home-equity lending a popular way for homeowners to turn rising property values into extra cash. In response, lenders are cutting rates and adding lock-in options.

Can Co-Owners Get a Break On Taxes When Uses Differ?
Jane Hodges offers advice to a reader on the tax implications of sharing a home used as a primary residence by one owner and a vacation home by the other.

Housing Prices Are 28% Below The National Median in Memphis
The metropolitan area has the dubious distinction of being the seventh most undervalued housing market in the country, according to a recent study.

Discount Real-Estate Brokers Spark a War Over Commissions
A fight between Cleveland's real-estate establishment and a scrappy discount broker shows the tough tactics underway as the industry's traditional model of commissions comes under attack and the Web brings increased competition.

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