Northern Rock has reduced rates by up to 0.18% on its Intermediary Exclusive product range.
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Northern Rock improves broker exclusives
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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.
USDA Rural Development surpasses $1 billion in home loans
New homeowners from Wood River were recognized on Wednesday after they received the $1 billionth in home loans through the USDA Rural Development program in Nebraska.
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USDA Rural Development surpasses $1 billion in home loans
Australians borrowing less on mortgages
Australians securing mortgages are borrowing less as house prices ease, further entrenching a culture of reducing debt.
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Australians borrowing less on mortgages
Banks cutting principal on some mortgages: NYT
NEW YORK – Bank of America Corp and JPMorgan Chase & Co have started modifying tens of thousands of mortgages where the banks deem the loans especially risky, even if the borrowers have not asked, the New York Times reported on Sunday.
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Banks cutting principal on some mortgages: NYT
Mortgages: Rates on 5-year ARM fall to record low
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
Report: Troubled Mortgages Still Plague Banks
The nations banks are holding a much higher rate of defaulted mortgages on their books than mortgage giants Fannie Mae and Freddie Mac, according to a report released Wednesday by the Office of the Comptroller of the Currency.
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Report: Troubled Mortgages Still Plague Banks
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%
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.
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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.
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Borrowers Wade Back Into Adjustable-Rate Mortgages
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