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Home loans may get cheaper with new mortgage guarantee company
Home loans may soon come at better terms, with the concept of mortgage guarantee set to take off in the coming weeks.
Read more...Mortgage Rates New Record Low Attracts Attention From Consumers According To BurlingtonMortgage.biz
Mortgage Rates New Record Low Attracts Attention From Consumers According To BurlingtonMortgage.biz Home mortgage rates have set yet another record, dropping to new lows for 30 year fixed, 15 year fixed, and 5 year ARM home loans, according to mortgage rate research website, BurlingtonMortgage.biz. "Around the holidays refinancing or buying a home just isn't on most people's radars" explains Nat ...
Read more...Banks in precarious position on rates
After two decades of funding ever-increasing home loans, Australia's banks have reached crunch time.
Read more...China Plans to Ensure Credit for First-Home Buyers
Banks must provide loans to first-home buyers, the People's Bank of China (PBOC) said in a statement on Tuesday, the first clear call to support mortgage lending since starting a policy tightening cycle to calm the property market two years ago.
Read more...US banks to spend less on problem home loans
NEW YORK - Even as President Barack Obama is calling for more assistance for struggling mortgage borrowers, major banks are looking forward to spending less to handle problem home loans.
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