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Latest Low Rate Mortgages news:Are there any risks in getting a 30-year, fixed-rate mortgage?
A: The risks are low because you're protected against rising rates and you'll know what the interest and principal part of your payment will be. But if interest rates go down, your payment won't change unless you refinance. And, Freddie Mac points out, since 30-year rates may be higher than adjustable-rate mortgages, you might not qualify to borrow as much.
Read more News Source - Louisville Courier-Journal
Publish date - 08:54:33 07/02/08
Once common, assumable mortgages now hard to find
Albany, N.Y. - There was a time when so-called assumable mortgages were common. In the 1980s, for example,...
Read more News Source - Milwaukee Journal Sentinel
Publish date - 19:38:16 07/03/08
Machine lease delinquencies far below home mortgage delinquencies
“In April machine shops did not grow but the delinquency rate on machine tool leases declined while staying at a low level about one-sixth of the rate on home mortgages,” Harry Moser, chairman of Agie Charmilles said.
Read more News Source - American Machinist
Publish date - 16:40:46 07/02/08
Higher sales spur growth in home mortgages
The increase in home sales in Manatee, Sarasota and Charlotte counties, coupled with new user-friendly FHA loans and new loan limits, seems to be helping to lift mortgage applications out of the basement rate of the past two years.
Read more News Source - The Sarasota Herald-Tribune
Publish date - 03:08:49 07/03/08
Mortgage applications rebound
Price declines on 30-year fixed-rate mortgages generate new loans and more refinancing.
Read more News Source - CNN Money
Publish date - 12:13:21 07/02/08
Australia's Mortgage-Backed Bond Sales Plunge to Record Low
July 1 (Bloomberg) -- Australian sales of bonds backed by mortgages slumped to a record low in the first half as the fallout from the U.S. housing market collapse reduced demand for the assets and issuers were forced to pay higher yields.
Read more News Source - Bloomberg.com
Publish date - 06:00:57 07/01/08
Lenders face challenges as mortgage rates reset this summer
The number of homeowners facing an increase in their subprime adjustable-rate mortgage payments will peak this summer, testing the efforts of lenders to keep those people out of foreclosure and stabilize the housing market.
Read more News Source - Austin American-Statesman
Publish date - 23:54:49 07/04/08
Disposable income hit hard by rising mortgages and energy bills
Ernst & Young survey shows that UK households are 15% worse off than five years ago - and are likely to get poorer
Read more News Source - Guardian Unlimited
Publish date - 09:34:12 07/04/08
Bradford & Bingley Sinks After TPG Pulls Funding Plan (Update3)
July 4 (Bloomberg) -- Bradford & Bingley Plc , Britain's biggest lender to landlords, dropped to a record low in London trading after TPG Inc. abandoned a rescue plan to buy a stake in the bank.
Read more News Source - Bloomberg.com
Publish date - 10:48:57 07/04/08
Bradford & Bingley Sinks After TPG Pulls Funding Plan (Update2)
July 4 (Bloomberg) -- Bradford & Bingley Plc , the biggest British mortgage lender to landlords, dropped to a record low in London trading after TPG Inc. abandoned a rescue plan to buy a stake in the bank.
Read more News Source - Bloomberg.com
Publish date - 09:04:13 07/04/08
Arizonans brace for summer mortgage resets
The number of adjustable-rate mortgage resets is expected to peak this month in Arizona.
Read more News Source - The Arizona Republic
Publish date - 01:10:21 07/04/08
Last Of The Low Rate Loans
It looks like we've seen the end of sub-7% personal loans for the time being, but this form of borrowing still offers good value for money.
Read more News Source - The Motley Fool
Publish date - 22:41:33 07/01/08
Mortgage approvals fall to record low
The number of fresh mortgages approved for house purchase in the UK plunged to a record low in May, according to figures from the Bank of England yesterday which triggered further warnings about residential property prices.
Read more News Source - The Herald
Publish date - 20:48:08 06/30/08
Home loan approvals hit record low
The number of mortgages approved for house purchase hit a new record low during May suggesting the current housing market downturn is intensifying, figures have showed.
Read more News Source - Channel 4
Publish date - 16:38:53 06/30/08
New Home Loan Approvals Hit Record Low
The number of mortgages approved for people buying a house sunk to a new low in May, Bank of England figures show.
Read more News Source - SkyNews via Yahoo! UK & Ireland News
Publish date - 11:35:38 06/30/08
Higher sales spur growth in home mortgages
Applications are increasing as FHA makes loans attractive and prices fall
Read more News Source - The Sarasota Herald-Tribune
Publish date - 14:32:24 07/03/08
The Consumer Crunch: With Consumer Confidence Down, How Can Businesses Survive?
With interest rates rising and mortgages defaulting at an increasingly alarming rate, consumer confidence is at an all time low. This creates a chain reaction through the economy with businesses of all sizes suffering from the lack of spending. Diane Costa- Director of Sales and Marketing, Marketing Mechanics, has delivered some tips to help alleviate the stress most business' face.
Read more News Source - PRWeb via Yahoo! News
Publish date - 08:45:26 07/01/08
Home loan approvals at record low
The number of mortgages approved for people buying a house has sunk to a record low, latest figures reveal.
Read more News Source - Channel 4
Publish date - 12:09:12 06/30/08
Home loan approvals at record low
The number of mortgages approved for people buying a house has sunk to a record low, latest figures reveal. Loans agreed for people moving home slumped by 28 per cent during May to just 42,000 - a third of the number agreed in May last year, the Bank of England said.
Read more News Source - ITV.com
Publish date - 12:28:33 06/30/08
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