THE big banks are considering a top-up mortgage rate rise in addition to a Reserve Bank-sanctioned increase if, as expected, the official cash rate is lifted by a further 25 basis points early next month.
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February 24 2008 | Home Loan Mortgage Blog | No Comments »
So the Fed’s interest rate cuts were supposed to make borrowing easier, right? If only that were so. Instead, jumbo mortgage rates are higher now than they were when the Fed began taking monetary action in September and have even shot up since the central bank’s aggressive rate cuts late last month.
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February 22 2008 | Home Loan Mortgage Blog | No Comments »
Better Than Consolidation Reduce Debt & Payments by 60% Stop The Calls Now - As Seen on TV. MyDebtRelief.com
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February 22 2008 | Home Loan Mortgage Blog | No Comments »
Fixed-rate mortgage rates leaped higher this week, nearly reaching levels seen at the beginning of the year, according to Freddie Mac’s weekly survey, released Thursday.
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February 21 2008 | Home Loan Mortgage Blog | No Comments »
There are almost 80 different lenders currently offering personal loans. Here’s one good example that tops the best buy tables in more ways than one.
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February 21 2008 | Home Loan Mortgage Blog | No Comments »
The Mortgage Bank Association announced a decline in home loan appilcations. Department of Labor announces a spike in CPI rates.
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February 20 2008 | Home Loan Mortgage Blog | No Comments »
The street has never much cared for Wachovia’s 2006 purchase of Golden West Financial for $24 billion. Even before the mortgage industry went splat, skeptics felt Wachovia CEO Ken Thompson was paying too much for Golden West’s abundance of pay-option adjustable-rate mortgages, or option ARMs, clustered in the frothy California real estate market. Still, Herb and Marion Sandler, the husband and …
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February 20 2008 | Home Loan Mortgage Blog | No Comments »
This week VA Mortgage Center.com released a free, downloadable VA Home Loan Guide. The 14-page PDF file addresses the aspects of VA Home Loans that make them unique from conventional loans. It also provides instructions for Veterans to aid in obtaining their loan. Recent years have seen nearly 90% of eligible Veterans not use their benefits on a VA Loan, with many being steered into risky …
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February 19 2008 | Home Loan Mortgage Blog | No Comments »
People whose fixed-rate mortgages expire this year will face a smaller “payment shock” than first predicted.
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February 19 2008 | Home Loan Mortgage Blog | No Comments »
Get Debt Consolidation We specialize in debt reduction programs - cut your debt up to 40-60%. www.debt-settlement-america.com Online Debt Consolidation See Your Savings in 10 Minutes. As featured in Forbes & Time Magazine.
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February 19 2008 | Home Loan Mortgage Blog | No Comments »