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Homes are affordable ? so where are the mortgages?
Houses are more affordable now than since 2003, says property portal Zoopla. It says that because of lower house prices and mortgage rates, 58% of homes are now affordable by the average British earner, up from 34% three years ago. Over the past ten
Homeowners hit as mortgage hikes push up the cost of living
HARD-PRESSED homeowners are set to pay the price after the cost of living was pushed up by mortgage hikes. The consumer price index -- the measurement of the cost of living -- rose by 0.4pc in February, only the second time in the last 17 months that
Regulator oversees stress test of lenders' mortgages
The Financial Regulator is overseeing a massive 'stress test' of banks' mortgage and non-NAMA property loans before they are told later this month how much capital they need to raise. The announcement by Finance Minister Brian Lenihan is expected within
Home Front: California mortgage crisis hits upscale Rocklin couple
jwasserman@sacbee.com The Sacramento Bee When California baby boomers envisioned the background music of their lives at this stage, most surely they never pictured layoffs, lowered incomes, negative equity and wrangling with lenders over loan
Mortgage Rates Tilt Slightly Downward
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A quarter of home owners live on 'financial precipice'
Latest research suggested 26 per cent of borrowers aged between 35 and 44 would be unable to meet their mortgage repayments if they saw a 300 drop in their monthly income. And one in eight adults in this age range has deliberately over-inflated their
Loan Modification Is Needed If Your Mortgage Is Under Water
This left many people with homes that were worth less than their mortgage and the repercussions are not pretty. If this wasn?t bad enough, owing more than the home is worth, there?s an even worst scenario. Many people had adjustable rate mortgages
Bob Bennett Must Go: Fannie Mae
Erick Brockway : RT @Pal2Pal: Under God and In God We Trust Upheld by 9th Circuit http://bit.ly/aPejYm #rsrh #surprise Michael Becker : Heh! Where's mikenad when you need him!! Florida: Romney 52, Huckabee 21, Palin 18 - Mozilla Firefox
The Work Number Ensures Lender Compliance with Fannie Mae's Loan Quality Init...
announced today that social security number verification can be easily fulfilled using its DirectChek identity fraud solution, a product offering from the recent acquisition of The Rapid Reporting Company. DirectChek assists lenders in meeting the new
Berkadia Commercial Mortgage Originates $3 Million for Refinance of the Curti...
PHILADELPHIA - Berkadia Commercial Mortgage originated $3,000,000 in fixed-rate, permanent debt to refinance the Curtis Building, a multi-tenanted industrial/office condominium property in Sharon Hill, Pa. The loan has a 10-year term and a 20-year
Cashpoints: HSBC launches 1.99% discount mortgage
? This week's top news stories ? Virginia Wallis answers your homebuying questions ? ? The two-year loan has a 999 arrangement fee and is available up to 60% of a property's value. ? according to new figures, despite an overall drop in card
25pc home owners on 'financial precipice'
Latest research suggested 26 per cent of borrowers aged between 35 and 44 would be unable to meet their mortgage repayments if they saw a 300 drop in their monthly income. And one in eight adults in this age range has deliberately over-inflated their
KHN column -- Public reverse mortgages and long-term care: Can they work toge...
This article is republished with kind permission from our friends at The Kaiser Family Foundation. You can view the entire Kaiser Daily Health Policy Report, search the archives, or sign up for email delivery of in-depth coverage of health policy
Bay State Mortgage Rates Decline From A Week Ago
Purchase Reprint Printer Friendly Email This The average rate for a 30-year fixed mortgage in the state dropped to 4.79 percent last week, down from 4.9 percent the prior week, according to online mortgage tracker Zillow. Nationwide, the average rate
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