house loans

Home Equity Loans Can Be The Next Bubble To Burst

admin_huliq — Fri, 28 Mar 2008 07:02:49 -0500

We have seen the real estate mortgage crisis, foreclosures. Now we see the need for the home sellers to come back to reality and offer their houses according to today's value. We also see the home prices falling daily and wonder is this coming close to end? Probably not, since according to some experts the home equity loans may be the next bubble in the real estate industry ready to burst.

Paying Off Mortgage: Review Of Details of Payoff

admin_huliq — Mon, 21 Jan 2008 09:20:15 -0600

Mortgage payoff is a monetary scheme whereby you compensate slightly more each month in order to pay off your mortgage quicker. It is the entire required amount to satisfy the questions in mortgage. Paying off mortgage is surely a relief for homeowners.

Freddie Mac Changes Purchasing Delinquent Loans From Mortgage PCs

admin_huliq — Mon, 10 Dec 2007 08:47:19 -0600

Freddie Mac (NYSE: FRE) announced today that the company will generally purchase mortgages that are 120 days or more delinquent from pools underlying Mortgage Participation Certificates ("PCs") when:

Fall in home loan numbers in Australia

admin_huliq — Sun, 09 Dec 2007 20:51:32 -0600

The number of people taking out home loans in Australia fell in October, with borrowers wary of the widely anticipated interest rate increase in November.

Bank of America says $85 B in subprime mortgages are resetting

admin_huliq — Wed, 28 Nov 2007 13:51:06 -0600

Bank of America Securities, a unit of the big Charlotte, N.C., bank, estimates that $85 billion in subprime mortgages are resetting during the current quarter.

Cancelled loans show housing market strain

Dinka — Wed, 10 Oct 2007 10:20:28 -0500

There are more signs of stress in the mortgage market, with loan cancellations at a record high. The number of home loans for owner-occupiers was up 1.6 per cent in August, a turnaround from the previous month and better than a lot of pundits expected, despite the August rate hike.

Subprime mess isn't all bad; situation also offers opportunities

admin_huliq — Fri, 31 Aug 2007 15:20:47 -0500

The stock market might be nervous now due to the subprime loan mess, but Stuart Greenbaum, former dean of the Olin School of Business at Washington University in St. Louis, is bullish on the situation.

Mortgage, House Loan Fears Are Growing

admin_huliq — Thu, 16 Aug 2007 14:33:12 -0500

The woes of the mortgage industry are showing that it does not matter if you have a sub-prime mortgage or an A paper mortgage, you are still at risk. With American Home Mortgage closing its doors a couple of weeks ago, we all knew it was just a matter of time before some more big players in the mortgage industry follow suit.

Freddie Mac Incurs Losses

Alla — Thu, 14 Jun 2007 08:39:41 -0500

Freddie Mac, the nation's second largest mortgage company, reported a first-quarter loss of $211 million (U.S.) because of its interest-rate hedging activities.

Homeowner Loans Can Help When Money Needed for Home Improvement

admin_huliq — Tue, 24 Apr 2007 20:55:05 -0500

Homeowners are at an advantage when it comes to getting a loan, let's say, for home improvement. A home is one of the best pieces of collateral available. Lenders prefer to deal with homeowners for many reasons. They also are more likely to approve a homeowner loan then any other loan. A homeowner loan could be a borrowers ticket to money that is much needed.

Mortgage lending in Armenia grows to 25.4 billion AMD in 2006

admin_huliq — Fri, 23 Mar 2007 09:45:39 -0500

Mediamax reports that the Chairman of the Central Bank of Armenia Tigran Sarkisian said during the annual meeting of the Association of mortgage market participants of Armenia that the mortgage crediting has growin in Armenia in 2006, reaching to 25.4 billion AMD.

Canadians Ready For Mortgage Makeover

ruzik_tuzik — Fri, 23 Mar 2007 09:14:02 -0500

The number of Canadians considering combination mortgages - those with both fixed and variable rate segments - is on the rise, according to RBC's 14th Annual Homebuyers Survey. Over one third (38 per cent) of Canadians who are likely to purchase a home within the next two years plan to take out a combination mortgage, compared to 30 per cent in 2006.