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One third of homeowners have no mortgage

Posted by mortgage 20 hours ago (Editorial)
More than a third of people have no mortgage debt attached to their home.
Britain's biggest mortgage lender Halifax is due to raise interest rates by 0.49 of a per cent today meaning 850,000 homeowners will have to pay up to

ONE REVERSE MORTGAGE ENJOYING RAPID GROWTH

Posted by mortgage 69 days ago (Editorial)
The country?s biggest reverse-only mortgage lender, headquartered in San Diego, has nearly doubled its office space to accommodate for growth and expects to hire more workers this year.
SAN DIEGO, March 13, 2012 /PRNewswire/ --
Today?s low interest rates may be meant to encourage borrowing, spending and investing, but they also mean that you can pay down more of your debt now before rates rise in the future

The 4 percent mortgage - good luck getting one

Posted by mortgage 216 days ago (Editorial)
This month mortgage rates hit an all time low ? just below 4 percent. But very few borrowers are able to score a rate...
One Reverse Mortgage LLC, the nation's largest reverse-only mortgage lender and second largest retail reverse mortgage lender, today announced it has received approval from the Government National Mortgage Association to participate in the agency's Mortgage-Backed Securities program.
If you're looking at a fixer-upper, the Federal Housing Administration rehab loan may be the mortgage for you.

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Mortgage How to Get is an informational resource about mortgage news and information.