Finance & Mortgage

Takata Airbag Recall Update: Details Including List of Affected Vehicles

There are nearly two dozen brands of vehicles in the U.S. that are involved in the massive airbag recall. The defective airbag comes from Japanese supplier, Takata.

Mortgage Trends, Update, Readings: Home Builder Confidence Decreased By A Point, Housing Starts Increased, Mortgage Rates Increased

According to reliable reports, home builder confidence slipped by a point compared to its expected reading and November reading. The current home builder confidence reading is 61. Despite the slip, it is worth noting than readings above 50 means that more builders are confident about the housing market conditions, and December's reading is still higher than the average reading of the year which is 59.

Mortgage Term 'Escrow Deposit': What It Means And Where It Applies

Escrow is one word that you'll probably encounter many times during your home buying process. Several escrow types will come up during this time and you may get confused as to where your money will be placed if you use an escrow account. Here is a very quick summary of how escrow works and how it is applied to your home purchase transaction.
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