Returning the Love, Frat Brothers Pay Off Mortgage For Their House Cook 30 Years Later
Phi Gamma Delta brothers at Louisiana State University paid off the mortgage for their former house cook Jessie Hamilton.
Phi Gamma Delta brothers at Louisiana State University paid off the mortgage for their former house cook Jessie Hamilton.
The average rate on a 30-year fixed mortgage has fallen to its lowest level on record, dating back to 1971. The rate on the most popular mortgage dipped to 4.15 percent from 4.32 percent a week ago.
The city of Detroit and Bank of America have teamed up to solve three problems at once: By enticing cops to live in urban neighborhoods, offering them refurbished homes and low cost loans, houses standing empty will be inhabited, rather than vandalized, communities will feel more secure with law enforcement nearby, and urban property values and the city's tax base will be bolstered.
Contracts to buy previously owned U.S. homes rose to their highest level in more than two years - up 2.4 percent - in July, an industry group said on Wednesday, suggesting the housing market recovery was gaining traction.
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