worried worker: spend savings on mortgage?dear dr. don,i am a 34-year-old new yorker who works in the banking industry. i own a small studio apartment that i bought when i was 27. i have $134,000 left on the mortgage at 5.625 percent interest. ...mortgage rates fall to new recordsmortgage rates for 30-year loan now stand at 3.78 percent. fixed mortgage rates for 15-year loans are unchanged at 3.04 percent, a record low.44% of cook county homes with a mortgage are underwateralmost 667,000 homes with a mortgage in the seven-county chicago area were underwater on their mortgages in march -- and 13 percent of those homeowners were also delinquent on their mortgage payments by three months or more.first trust mortgage income fund declares its monthly common share distribution of $0.16 per share for junefirst trust mortgage income fund has declared the fund’s regularly scheduled monthly common share distribution payable on june 15, 2012 to shareholders of record as of june 5, 2012. |
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