Mortgage Rates
Fri, 26 Dec 2008 07:00:05 -0700
by Mortgage Rates @ Fri, 26 Dec 2008 07:00:05 -0700
The number of mortgages being issued by banks and building societies has risen for the first time in six months according to new figures. The loan itself is made by a bank, a savings and loan association, a mortgage company, a credit union, or any other lender. For it to become an FHA mortgage loan, the lender would have to be approved by the Federal Housing Administration....
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Thu, 25 Dec 2008 07:00:08 -0700
by Mortgage Rates @ Thu, 25 Dec 2008 07:00:08 -0700
Some borrowers who took them out around a year ago are now paying less than 2.5 per cent interest on their mortgages. But for new borrowers, the picture is not quite so rosy. The good thing about FHA mortgages is that almost anyone can get it. So if you have a satisfactory credit record, enough cash to close the loan and sufficient steady income to make monthly payments without difficulty, then you'll have no trouble getting approved for an FHA mortgage. As a rule of thumb, only people who will reside in the property are eligible for FHA-insured mortgages....
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Wed, 24 Dec 2008 19:00:07 -0700
by Mortgage Rates @ Wed, 24 Dec 2008 19:00:07 -0700
TORONTO — TD Canada Trust and Bank of Montreal say they will drop fixed mortgage rates by one-fifth of a per cent as of Thursday, following the lead of the Royal Bank of Canada on Tuesday. Online mortgage applications are quick. An online application form takes about four minutes of your time filling it up. Approval can then be given within 24 hours. This is a far cry from the several business days it usually takes for traditional mortgage applications to be approved. In this regard, online mortgages are less time-consuming and even initially paper-free....
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Tue, 23 Dec 2008 19:00:04 -0700
by Mortgage Rates @ Tue, 23 Dec 2008 19:00:04 -0700
HONG KONG -- Hong Kong stocks rallied 5.6 percent Wednesday as investors anticipated new measures to spur China's economy from a high-level economic meeting in Beijing. The blue chip Hang Seng index soared 824.52 points to 15,577.74, after losing 1.9 ... There is a wide variety of lending institutions that offer home mortgage loans, including savings and loan associations, commercial banks, mutual savings banks, and mortgage companies. The lesson therefore is never limit yourself to just one option when you can have several....
Blog tag: Mortgage Rates
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