San diego Mortgage News

Record low mortgage rates toss housing a lifeline (Reuters via Yahoo! News)
With the $500 of monthly savings Jim Hennessy of San Diego gained by cutting the rate on his $417,000 mortgage, he plans to rebuild his beaten-up retirement account and maybe even take a cruise.

Record low mortgage rates toss housing market a lifeline (Reuters via Yahoo! News)
With the $500 of monthly savings Jim Hennessy just gained by cutting the rate on his $417,000 mortgage in San Diego, he plans on rebuilding his beaten-up retirement savings and maybe even taking a cruise.

Walking away from a mortgage no longer unthinkable (AP via Yahoo! News)
Diane Shackle found it gut-wrenching to walk away from a mortgage she took out in times that were better for both her and the U.S. economy.

The Worst Stock Picks of 2008 (ETFguide.com via Yahoo! Finance)
SAN DIEGO - There are many ways to destroy $2 or $3 trillion. You can fly over a volcano and dump the money into the mountain's throat. You can also incinerate the money in garbage dumps of major cities across America.

Mortgage woes causing some to walk away (Las Vegas Review-Journal)
You know the financial outlook is glum when the mortgage brokers who arrange loans have quit paying their own debts.

Walking away from mortgage no longer the unthinkable (The Nashua Telegraph)
CHICAGO -- Diane Shackle found it gut-wrenching to walk away from a mortgage she took out in times that were better for her and the U.S. economy. ... - By DAVE CARPENTER The Associated Press

Mortgage walking no longer unthinkable (Provo Daily Herald)
Diane Shackle found it gut-wrenching to walk away from a mortgage she took out in times that were better for both her and the U.S. economy. But the reality was undeniable: While she was keeping up with the monthly payments, she said she could no longer afford to buy food for herself or even kitty litter for her two cats.

San Francisco Area Home Prices Drop Record 44 Percent (Update1) (Bloomberg)
Dec. 18 (Bloomberg) -- Home prices in the San Francisco Bay Area plunged a record 44 percent in November and the median fell to the lowest since September 2000 as foreclosure sales pushed down values, according to MDA DataQuick.