Archive for June, 2010
Video: Personal Finance Minute: Reverse Mortgages
The number of homeowners taking out reverse mortgages tripled from 2005 to 2009, perhaps in part because retired homeowners who are strapped for cash are using these loans to turn home equity into a monthly check, says MarketWatch’s Andrea Coombes.
Summary Box: New Mortgages up After Rates Fall
Summary Box: New mortgages rise as rates fall, but rush is to refinance not purchase homes Mortgage – Refinancing – Business – Recreation – Loan
U.K. Banks Granted Fewer Mortgages Than Forecast in May as Recovery Ebbs
U.K. banks approved fewer mortgages than economists forecast in May, a sign the nations housing- market recovery is losing steam.
Personal Finance Daily: With reverse mortgages, there’s no easy answer
Reverse mortgages are one of those products that seem like a really good idea in theory, but then you have to spend inordinate amounts of time figuring out whether the benefits outweigh the costs.
Mortgages often sold during life of loan
Question: I need help in understanding what is going on with my mortgage.
MORTGAGES / Historic lows for rates – but who’s buying?
Mortgages are cheaper today than they’ve been in a half-century. If only most people had the job security, the credit score and the cash to qualify. The average rate for a 30-year fixed loan sank to 4.69 percent last week, beating the low set in December and…
Mortgages are lowest in several decades
Mortgages are cheaper today than they’ve been in several decades. If only most people had the job security, the credit score and the cash to qualify.
Mortgages at historic lows, but who qualifies?
Mortgages are cheaper today than they’ve been in a half-century. If only most people had the job security, the credit score and the cash to qualify. The average national rate for a 30-year fixed loan sank to 4.69 percent this week, beating the low…
Mortgages Cheaper Today Than They’ve Been In A Half-Century
WASHINGTON – Mortgages are cheaper today than they’ve been in a half-century.
Mortgages Cheaper Today Than They’ve Been In A Half-Century
WASHINGTON – Mortgages are cheaper today than they’ve been in a half-century. If only most people had the job security, the credit rating and the cash to qualify for one or refinance. The average rate for a 30-year fixed loan sank to 4.69 percent this week, beating the low set in December and down from 4.75 percent last week, Freddie Mac said Thursday
