Second mortgages help fund home upgrades in a rising market
In a common scenario, homeowners can borrow against equity to finance remodeling or relocation. With $25,000 equity on a $40,000 home, a second mortgage could cover $10,000 to $20,000 or more. Major lenders include savings and loan associations and finance companies, led by firms like CIT Financial Services offering loans in multiple states.
MENTIONED IN THIS ARTICLE
Savings and Loan Associations
Second Mortgage as Money Source and Costs
A second mortgage can provide up to 85 percent of your house value minus the first mortgage, with typical loans spanning three to ten years and interest rates from 12 to 18 percent. Refinancing the full mortgage raises costs, while a second loan adds a second payment. assess needs, time, and closing costs, and consider penalties for early payoff.
Old days gone John Cunniff on business and public trust
John Cunniff argues that misunderstandings between corporations, media, and schools stem from complex operations and reluctance to be transparent. He says big business must level with the public, explain profits, taxes, and social responsibility, and sell itself as it sells products.
MENTIONED IN THIS ARTICLE
John Cunniff
Associated Press
Corporation X
John Q
Estrogen Edge Women Live Longer Says Galton Study
A column blends humor on aging with analysis of gender longevity. It cites Galton’s observations on death ages, cancer risk, and life expectancy differences favoring women, noting higher male mortality and a skewed widow to widower ratio while lampooning aging anxieties and medical obsessions. The piece also covers space age effects and early TV special effects work for Space 1999 in a separate AP dispatch.
MENTIONED IN THIS ARTICLE
Galton
Los Angeles
Brian Johnson
Earth
Hollywood
U.S
Johnson
Les Bowie
Bowie
Albiet
Moonbase Alpha
Justice and politics taint Weathermen and oil aid story
The piece links Weathermen travel to Cuba and alleged Castro support with FBI powers. It then focuses on Tom Klepper’s last minute SBA ruling raising small refinery royalty oil standards to 45,000 barrels per day benefiting Powerine Oil, a firm linked to a White House ally, and eight other refineries.
MENTIONED IN THIS ARTICLE
Powerine Oil
California
Washington
Ford
Robert Collier
Collier
Powerine
SBA
Kleppe
White House
Pennsylvania Bureau of Consumer Protection Offices
The Pennsylvania Bureau of Consumer Protection operates in six cities and accepts complaints about poor goods or business practices. Contact options include phone or written inquiries. The Erie office at 919 State Street, Room 203, is listed with phone number 4847104 and code Acta 4.
MENTIONED IN THIS ARTICLE
Pennsylvania Bureau of Consumer Protection
Bureau
Erie
State Street
Room
Uso
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