Money Band

Mortgages and Refinancing

Fri, 03 Sep 2010 19:55:02 +0000

Mortgage rates have dropped 10 times in the past eleven weeks. Nationwide mortgage buyer Freddie Mac reports both 30-year and 15-year loans are at their lowest in decades.

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Mortgages and Refinancing

Mortgages: Fixed-rate mortgages, 5-year ARMs hit record low

Thu, 02 Sep 2010 14:56:28 +0000

Fixed-rate mortgages and 5-year ARMS are at record lows this week.

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Mortgages: Fixed-rate mortgages, 5-year ARMs hit record low

Average Rates for 30-Year Fixed Mortgages Drop to 4.32 Pct., Lowest Rate in Decades

Thu, 02 Sep 2010 14:14:35 +0000

Average rates for 30-year fixed mortgages drop to 4.32 pct., lowest rate in decades Tax rate – Recreation – Picture Ratings – Mortgage loan – Business

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Average Rates for 30-Year Fixed Mortgages Drop to 4.32 Pct., Lowest Rate in Decades

One in 20 mortgages now in arrears – up almost 40 per cent in one year

Wed, 01 Sep 2010 23:57:40 +0000

RESIDENTIAL DEBT:ONE IN 20 residential mortgages is now in arrears, as the number of people falling behind on mortgage repayments rose again in the second quarter of the year.

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One in 20 mortgages now in arrears – up almost 40 per cent in one year

Singapore Tightens Mortgages to Cool Property Market

Mon, 30 Aug 2010 12:14:58 +0000

Singapore increased down payments for second mortgages and imposed a stamp duty on property held for less than three years to curb speculation after home prices surged 38 percent in the second quarter.

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Singapore Tightens Mortgages to Cool Property Market

Singapore tightens mortgages to cool property market: Update

Mon, 30 Aug 2010 09:22:11 +0000

Singapore increased down payments for second mortgages and imposed a stamp duty on property held for less than three years to curb speculation after home prices surged 38% in the second quarter.

2 New Federal Programs to Help With Mortgages

Mon, 30 Aug 2010 06:27:37 +0000

The Obama administration plans to take two new steps in the next few weeks to help struggling homeowners pay their mortgages, said Shaun Donovan, the secretary of Housing and Urban Development, Bloomberg News reports.

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2 New Federal Programs to Help With Mortgages

MORTGAGES / Another week, and another record low

Sun, 29 Aug 2010 07:41:16 +0000

Mortgage rates fell to the lowest level in decades for the ninth time in 10 weeks, as concerns grow that the economy is weakening. Mortgage buyer Freddie Mac said Thursday that the average rate for a 30-year fixed loan was 4.36 percent, down from 4.42 percent…

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MORTGAGES / Another week, and another record low

Reverse mortgages worth a look for some seniors

Sat, 28 Aug 2010 14:10:10 +0000

IT’S ONLY MONEY finds reverse mortgages a promising option for some seniors. But they ain’t for everyone.

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Reverse mortgages worth a look for some seniors

Rethinking Adjustable-Rate Mortgages

Fri, 27 Aug 2010 20:51:32 +0000

With the economy still weak, borrowers may want to hold onto their adjustable-rate mortgages a little longer.

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Rethinking Adjustable-Rate Mortgages