Existing and would-be home owners are being encouraged to "shop around" as banks slash mortgage rates.ASB last night became the latest bank to reduce its 12-month fixed home loan rate, down from 5.7 per cent to match Westpac and...
Search results for borrowers
Mortgage war gives borrowers an edge
Posted by mortgage 8 days ago (Editorial)
Amy Hoak's Home Economics: Mortgage borrowers face litany of questions
Posted by mortgage 9 days ago (Editorial)
As a home buyer or refinancer, you?d expect to submit recent pay stubs and bank-account statements when applying for a mortgage loan. But a copy of your college transcripts? Or a decade-old divorce decree?
Law Offices of Lance Denha Discuss the Impact of the New Foreclosure Wave to Hit Everyday Borrowers
Posted by mortgage 9 days ago (Editorial)
The Law Offices of Lance Denha explains, that while Subprime loans caused the initial foreclosure wave, that now, job losses, economy will create a bigger run(PRWEB) May 14, 2012 Recent statistical data released by RealtyTrac signals a change in the type of homeowners now being affected by foreclosure. While Subprime loans prompted a foreclosure boom earlier this decade, it is widely expected ...
UPDATE 2-Bernanke: Even worthy borrowers can't get mortgages
Posted by mortgage 10 days ago (Editorial)
* Post-crisis bank caution hurts mortgage lending * Bernanke sees no quick change in lending practices * Future of home-mortgage financing system murky (Recasts lead, adds details, quotes, background) ...
UPDATE 3-Bernanke-even worthy borrowers can't get mortgages
Posted by mortgage 11 days ago (Editorial)
* Post-crisis bank caution hurts mortgage lending * Bernanke sees no quick change in lending practices * Future of home-mortgage financing system murky (Adds quotes from U.S. housing secretary) May 10 ...
Mortgage-aid revisions paying off for lenders and some borrowers
Posted by mortgage 14 days ago (Editorial)
Changes to streamline the Home Affordable Refinance Program are helping some underwater homeowners get lower-interest loans. Those still-above-market rates, meanwhile, are boosting banks' profits. A newly streamlined government plan to reward homeowners who diligently pay their underwater mortgages is proving a bonanza for banks, which by one estimate may pocket $12 billion in extra revenue b
Mortgage rate misery for one million borrowers
Posted by mortgage 23 days ago (Editorial)
More than a million home owners will see the cost of their mortgage payments increase from tomorrow.
Mortgage to Lease: Good for Borrowers, Better for Banks
Posted by mortgage 52 days ago (Editorial)
Bank of America's test program for underwater homeowners is a win-win, especially for the bank.
Mortgage How to Get is an informational resource about mortgage news and information.