A Belfast property company which has been placed into liquidation once had mortgages on two private jets, it has been revealed.
The rest is here:
Bust firm had mortgages on jets
-
Strict new mortgage rules will make it harder for thousands to free up cash from their homes
Strict tests will ensure that only homeowners who can really afford such schemes can take out equity, which have been a popular way for many to raise extra funds.
-
Home loans for repairs
8th december 2011 The White Rose Credit union is providing interest-free home loans for vulnerable people around the district. The loans pay for essential repairs and disabled adaptations.
-
Confident landlords gearing up
Professional landlords are showing signs of confidence by taking equity out of unmortgaged properties they own to expand and gear up investment potfolios.
Bust firm had mortgages on jets
MORTGAGES / Fixed rates hover near yearly low
Fixed mortgage rates were mostly unchanged this week, hovering near yearly lows. The average rate on the 30-year loan held steady at 4.50 percent, Freddie Mac said. It hit 4.49 percent two weeks ago, the lowest level…
Read the original post:
MORTGAGES / Fixed rates hover near yearly low
Reverse mortgages harder to get. Is one right for you?
Reverse mortgages granted in 2010 were down nearly a third from levels in 2009, due to stricter regulations and the housing slump. While some see reverse mortgages as a sophisticated tool, many say it’s only a last resort.
See original here:
Reverse mortgages harder to get. Is one right for you?
Spanish Mortgages Decline at the Fastest Rate Since the Housing Boom Ended
The number of mortgages issued for Spanish homes in April registered a drop unseen since the end of the housing boom, confirming the weakness of a real-estate market that is penalizing the country’s banks and growth.
Read more here:
Spanish Mortgages Decline at the Fastest Rate Since the Housing Boom Ended
Borrowers Wade Back Into Adjustable-Rate Mortgages
Popular during the housing boom, more borrowers are wading back into adjustable-rate mortgages.
View post:
Borrowers Wade Back Into Adjustable-Rate Mortgages
Biggest Banks in Reverse Mortgages Exit Business
Wells Fargo and Bank of America have left the business of reverse mortgages, a type of home equity loan, as falling home prices have made it more unpredictable.
Read the original here:
Biggest Banks in Reverse Mortgages Exit Business
Underwater mortgages on the decline in San Antonio
share: digg facebook twitter According to a 2011 first quarter report from real estate data firm CoreLogic, 9.2 percent of area residential properties with a mortgage were underwater. Borrowers in Texas can’t take out home equity loans larger than 80 percent of the value of their homes. According to CoreLogic, more than 40 percent of underwater borrowers have home equity loans.
View original here:
Underwater mortgages on the decline in San Antonio
How the self-employed get mortgages
When you work for yourself, you’re the boss until you meet the mortgage loan officer.
Read the original post:
How the self-employed get mortgages
Fewer homeowners are underwater on mortgages
The number of homeowners underwater on their mortgages in the United States declined slightly during the first three months of the year.
Here is the original:
Fewer homeowners are underwater on mortgages
The Misery of Those With Second Mortgages
Nearly 40% of people who borrowed against homes are underwater.
Read more:
The Misery of Those With Second Mortgages
Credit
How Your Credit Score Affects Credit Card Applications
When you want to apply for a loan, you should know something about your credit..."Economics
AfI launches key account exclusive and cuts rates
Abbey for Intermediaries has launched a new key account exclusive and has also..."Investing
Northern Rock improves broker exclusives
Northern Rock has reduced rates by up to 0.18% on its Intermediary Exclusive..."Insurance