The number of WA households falling behind in mortgage repayments has soared, increasing the risk of a rash of home repossessions as owners fail to keep pace with interest rate rises.
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May 31 2008 | Home Loan Mortgage Blog | No Comments »
My parents graciously offered to lend my wife and me the down payment for a home. While we can easily afford the mortgage payments, the bank wants all of us to sign a statement saying the money from my parents is a gift, not a loan, although the bank representative literally winked as he handed me
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May 31 2008 | Home Loan Mortgage Blog | No Comments »
ErasingMyDebt.com, a new web site, offers a free consultation to help customers with debt consolidation, combining their monthly bills into a single bill with a lower interest rate.
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May 31 2008 | Home Loan Mortgage Blog | No Comments »
APRIL saw the lowest annual growth rate in residential mortgage lending in 16 years, as evidenced by latest monthly statistics published by the Central Bank of Ireland yesterday.
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May 30 2008 | Home Loan Mortgage Blog | No Comments »
Consumers are more satisfied with their experiences when applying for a home-equity loan or line of credit these days, according to an annual survey by J.D. Power and Associates. But that may have more to do with homeowners’ lowered expectations during a shaky housing market than with actual changes in service.
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May 30 2008 | Home Loan Mortgage Blog | No Comments »
WASHINGTON, May 29 (UPI) — Interest rates for 30-year, fixed-rate mortgages increased in the United States in the last week, the Federal Home Loan Mortgage Corp. said Thursday.
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May 29 2008 | Home Loan Mortgage Blog | No Comments »
WASHINGTON, May 29 (UPI) — The value of U.S. homes fell 10.4 percent in the first quarter, fueling the sharpest annual decline since 1971, the Federal Home Loan Mortgage Corp. said.
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May 29 2008 | Home Loan Mortgage Blog | No Comments »
Move fast if you’re on the look-out for a new mortgage and you spot a decent deal – blink and there’s a good chance you’ll miss it. Take Abbey, which just a fortnight ago cut the cost of its fixed-rate mortgages. Yesterday, in an abrupt change of heart, those price cuts were reversed.
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May 28 2008 | Home Loan Mortgage Blog | No Comments »
Big banks are pushing up some fixed mortgage interest rates and deposit rates, blaming bigger-than-expected tax cuts announced last week.
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May 27 2008 | Home Loan Mortgage Blog | No Comments »
Northwest Airlines promises Dave Herstad 18,375 frequent flier miles when he applies for his mortgage. He gets the loan, but not the miles. After several rounds of finger-pointing between supervisors at Northwest, Lending Tree and Home Loan Center, his miles remain missing. What should he do?
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May 27 2008 | Home Loan Mortgage Blog | No Comments »