Rates on 5-year adjustable-rate mortgages hit a record low this week, dropping to 3.22%, according to Freddie Mac’s weekly survey of conforming mortgage rates.
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Mortgages: Rates on 5-year ARM fall to record low
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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.
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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.
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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.
Mortgages: Rates on 5-year ARM fall to record low
Coventry Building Society and Godiva Mortgages Awarded 5 Stars from FT Adviser Online Service Awards
Coventry Building Society and its subsidiary company, Godiva Mortgages, have both been awarded 5 stars in the FT Adviser Online Service Awards. The Awards are an independent measure of financial services, as voted by the intermediaries who use them.Coventry 30 June 2011 Coventry Building Society and its subsidiary company, Godiva Mortgages, have both been awarded 5 stars in the FT …
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Coventry Building Society and Godiva Mortgages Awarded 5 Stars from FT Adviser Online Service Awards
Liza Horvath, Senior Advocate: The value of reverse mortgages
Reverse mortgages allow a senior — defined as someone older than 62 years old — to borrow against the equity in their home and postpone repayment until they move, sell or pass away.
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Liza Horvath, Senior Advocate: The value of reverse mortgages
Mortgages: Rates on 30-year fixed-rate mortgage holds at 4.5%
Rates on the 30-year fixed-rate mortgage held steady at 4.5% this week, and other mortgage types changed very little, according to Freddie Mac’s weekly survey of conforming mortgage rates, released on Thursday.
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Mortgages: Rates on 30-year fixed-rate mortgage holds at 4.5%
Borrowers Wade Back Into Adjustable-Rate Mortgages
Popular during the housing boom, more borrowers are wading back into adjustable-rate mortgages.
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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.
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Biggest Banks in Reverse Mortgages Exit Business
Mortgages: 30-year fixed-rate mortgage inches to 4.5%
Mortgage rates changed little this week, with the 30-year fixed-rate mortgage inching up to 4.5% from last week’s 4.49% average, according to Freddie Mac’s weekly survey of conforming mortgage rates.
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Mortgages: 30-year fixed-rate mortgage inches to 4.5%
Mortgages: 1-year ARM falls to record low below 3%
One-year adjustable-rate mortgages fall to 2.95% this week — their lowest level in the history of Freddie Mac’s weekly survey of conforming mortgage rates — after a weaker than expected jobs report pushed all mortgage rates lower, Freddie Mac reported on Thursday.
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Mortgages: 1-year ARM falls to record low below 3%
Upside down mortgages dip in Inland region
The percent of “upside down” home mortgages in Inland Southern California has been slowly declining since late 2009, according to a report by CoreLogic, a company that monitors real estate trends.
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Upside down mortgages dip in Inland region
The Misery of Those With Second Mortgages
Nearly 40% of people who borrowed against homes are underwater.
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The Misery of Those With Second Mortgages
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