More Australian borrowers are prepared to bet on variable mortgages, a leading mortgage broker says. Borrowers are shunning fixed rate loans, with demand falling to its lowest level in more than two years, Mortgage Choice said.
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May 26 2008 | Home Loan Mortgage Blog | No Comments »
Lewis Ranieri is credited with inventing mortgage-backed securities two decades ago, and recently he sounded warnings about mortgage risks. Yet he couldn’t save his own company from getting tangled in the real-estate loan bust.
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May 25 2008 | Home Loan Mortgage Blog | No Comments »
Lewis Ranieri is credited with inventing mortgage-backed securities two decades ago, and recently he sounded warnings about mortgage risks. Yet he couldn’t save his own company from getting tangled in the real-estate loan bust.
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May 24 2008 | Home Loan Mortgage Blog | No Comments »
Mortgage rates fell this week on continued signs of economic weakness. The benchmark 30-year fixed-rate mortgage fell 17 basis points, to 6.02 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point. …
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May 24 2008 | Home Loan Mortgage Blog | No Comments »
Mortgage loans – what are they? It is a way of acquiring money and the advantage of it is that you’ll have it as soon as possible. Want a new car, new hi-tech gadgets, a vacation maybe or a new home; you can have this by doing a mortgage loan.
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May 21 2008 | Home Loan Mortgage Blog | No Comments »
(ARA) - For people with more than $10,000 worth of credit card debt, the first reaction is often to panic and the last resort is to declare bankruptcy. Between panic and bankruptcy, there are options with organizations that will help you renegotiate and consolidate debt.
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May 21 2008 | Home Loan Mortgage Blog | No Comments »
A: The interest and principal payments on a fixed-rate mortgage won’t change. An adjustable mortgage often carries a slightly lower interest rate, but it will reset after a certain period, usually between one and seven years.
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May 20 2008 | Home Loan Mortgage Blog | No Comments »
CLEARWATER - The Federal Trade Commission today announced the results of Operation Tele-Phoney, which the agency described as the largest telemarketing investigation in history. The effort involved cooperation with Canada, federal authorities involved with the investigation said at a webcast press conference in Washington this morning.
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May 20 2008 | Home Loan Mortgage Blog | No Comments »
CPA George Saenz advises a reader who wants to use a home equity loan on one rental to pay off the balloon mortgage of another rental.
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May 20 2008 | Home Loan Mortgage Blog | No Comments »
(ARA) - Credit cards are not always a bad thing, if you are smart with how you use them. They enable us to buy items immediately, eliminate having to carry cash, and record and track purchases. Disadvantages include interest, fees, and increased impulse buying.
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May 19 2008 | Home Loan Mortgage Blog | No Comments »