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Latest news
Long-term mortgage rates down slightly
WASHINGTON, March 11 (UPI) -- Average interest rates for 30-year, fixed-rate mortgages held under 5 percent in the week ending March 11, the U.S. Federal Home Loan Mortgage Corp. said.
Read more News Source - UPI
Publish date - 16:29:07 03/11/10

What mortgage can I get on a rental home?
Q I am considering buying a second home to rent out as a medium- to long-term investment. I have a £50,000 deposit and do not have a mortgage on my own home. I am looking for a loan of £80,000 for the second property. Am I restricted to buy-to-let mortgages only, or can I utilise other mortgage products which may have better rates to meet my requirements? RE A No you are not restricted to buy-to ...
Read more News Source - Guardian Unlimited
Publish date - 01:26:50 03/12/10

FDIC Chairman Questions Mortgage Interest Tax Deduction
The head of the Federal Deposit Insurance Corporation said mortgage interest is one of the problems for the nation's banking crisis.
Read more News Source - Fox News
Publish date - 23:23:19 03/08/10

Talking Money: Now’s the time to prepare for rising interest rates
If you have a variable-rate credit card, or an adjustable-rate mortgage, or a savings account, you’ve likely noticed that throughout this recession, your interest rates have gone down—in some cases, by quite a bit. That’s a good thing when it comes to the money you borrow, but a bad thing when it comes to the money you save. Even the best savings accounts aren’t paying much more than 1 percent ...
Read more News Source - Richmond Times-Dispatch
Publish date - 20:36:47 03/11/10

FDIC Chairman Questions Mortgage Interest Tax Deduction
WASHINGTON--Federal Deposit Insurance Corporation Chairman Sheila Bair came close to the third rail of tax policies Monday, citing the federal tax deduction for mortgage interest as one of the causes...
Read more News Source - MalaysiaNews.net
Publish date - 00:23:07 03/09/10

Mortgages: 30-year fixed-rate mortgage averages 4.95%
30-year fixed-rate mortgage averages 4.95%, Freddie Mac reports.
Read more News Source - Market Watch
Publish date - 16:01:33 03/11/10

New mortgage form delivers mixed message
Designed by the U.S. Department of Housing and Urban Development to help borrowers better understand the terms of their mortgage loans, the new three-page form has been a required part of the mortgage application process since Jan. 1.
Read more News Source - San Jose Mercury News
Publish date - 21:02:35 03/11/10

Twice-Monthly Half Mortgage Payments Might Save You Money [Personal Finance]
# personalfinance Some financial planners advise making two half payments on your mortgage each month instead of one full sum. The idea is that homeowners will save thousands of dollars over the years in interest payments. Does this idea hold water? More »
Read more News Source - Lifehacker
Publish date - 16:17:42 03/11/10

Twice Monthly Half Mortgage Payments Might Save You Money [Finances]
# finances Some financial planners advise making two half payments on your mortgage each month instead of one full sum. The idea is that homeowners will save thousands of dollars over the years in interest payments. Does this idea hold water? More »
Read more News Source - Lifehacker
Publish date - 22:50:50 03/11/10

Mortgage Rate Trend Index
Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages.
Read more News Source - Bankrate.com via Yahoo! Finance
Publish date - 12:47:53 03/11/10


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