Archive for July, 2010
Barclays Cuts Rates on its 80 Percent Loan to Value Mortgages and Introduces ‘Drop Lock’ Facility
Barclays is reducing rates on its Woolwich mortgages by up to 0.21 percentage points from Thursday 29th July and at the same time introducing a drop lock facility for all new mortgage customers.
FDIC Securitizes Mortgages From Failed Banks
FDIC Securitizes Mortgages From Failed Banks
Agency Mortgages Rally Sputters Amid Prepayment Concerns
Agency Mortgages Rally Sputters Amid Prepayment Concerns
Mortgages: Fixed-rate mortgage rates drop for sixth week
The interest rates charged on fixed-rate mortgages inch down to a sixth straight weekly record low, according to Freddie Macs latest survey of conforming mortgage rates.
Fixed-rate mortgages vs. ARMs
Fixed-rate mortgages and ARMs have pros and cons. Here’s how to choose the right loan for you.
New mortgages fall by over a third
THERE was a drop of over one third in new mortgages in the first quarter of the year despite more than 1.2 billion worth of loans being given to 7,000 first-time buyers in the first three months of 2010.
Number of mortgages in Spain falls in May
The number of mortgages given to prospective home owners in Spain fell in May, according to figures published Monday. The National Institute of Statistics publishes that in May the number of mortgages granted for homes that have already been built was 55,755.
Number of mortgages in Spain falls in May
The number of mortgages given to prospective home owners in Spain fell in May, according to figures published Monday. The National Institute of Statistics publishes that in May the number of mortgages granted for homes that have already been built was 55,755.
Taiwan Says Repair Loans Cant Be Used for Mortgages
Taiwans central bank reiterated home mortgages must be obtained through proper means, and that loans obtained for home repairs, working capital and other purposes cant be used to buy property.
Sellers should ensure that condo projects are on approved list for FHA mortgages
Condominium owners who are trying to sell in today’s agonizingly slow housing market should make sure that their community is on the Federal Housing Administration’s approved list. Ditto for someone who is thinking about refinancing a condo.
