Xandra Graviet's (xandra) Blog

No down payment? No problem! Loophole still allowing risky mortgages by disguising money as a gift You probably thought nothing-down mortgage loans disappeared in the wake of the American subprime lending crisis, which has ensnarled much of the world in a credit crunch.They didn't. Even more surp...

The Senate voted 97-1 Tuesday to stop filling the Strategic Petroleum Reserve for six months in an effort to bring gas prices down, a move President Bush opposes. Many Senate Republicans, driven by fears that high gas prices are damaging the economy and their re-election chances, defied President...

6 gas-saving myths.....PASS IT ON! Sure you want to save gas, but there's a lot of bad advice on how to do it. Some of it makes no difference, and some of it can wind up costing you. With gasoline prices hitting record levels, it seems everyone has a tip on how to save fuel. Much of the advice is...

Democrats  (Democrats these days are the same as Republicans) crafting a broad government housing rescue are under pressure from liberal groups to push more aggressive measures that would force lenders to let homeowners facing foreclosure restructure their mortgages. (Why should they feel pressur...