Feb
22
By Doug Alexander Royal Bank of Canada, the country’s largest lender by assets, raised mortgage rates to reflect higher funding costs, ending a promotional rate three weeks before it was set to expire.Royal Bank will increase its four-year fixed rate mortgage by 40 basis points to 3.39% effective Feb. 8, the Toronto-based lender said today …
Permanent link to this article: http://www.greenbrierrealestateservices.com/rbc-raises-mortgagerates/
Feb
22
Glen Sigvart wrote: Yeah for the ANZ Bank. if you don’t like it, get out of debt! Pretty simple stuff (ANZ lifts key mortgage, small business rates, February 10). The 3 year fixed rates look good if your positve on the economy? but the Baltic Dry Index is casting a dark shadow on future trade …
Permanent link to this article: http://www.greenbrierrealestateservices.com/anz-westpac-lift-key-mortgage-rates/
Feb
22
When looking into mortgage loans, there are a number of factors to consider, and this holds true for any type of mortgage. things to watch for include the interest rate offered, the monthly payment amount, the mortgage term and payment frequency, and prepayment limitations, if any. Financial institutions offer mortgages with variable and fixed rate …
Permanent link to this article: http://www.greenbrierrealestateservices.com/learn-more-about-how-to-choose-a-mortgage-loan/
Feb
22
HSH.com releases its latest Weekly Mortgage Rate Radar showing a downturn in mortgage rates from the previous week. the Weekly Mortgage Rate Radar reports the average rates and points offered by lenders for the two most popular types of mortgages, the conforming 30-year fixed-rate mortgage and the conforming 5/1 adjustable-rate mortgage (ARM). Average rates declined …
Permanent link to this article: http://www.greenbrierrealestateservices.com/hsh-com-weekly-mortgage-rate-radar-record-low-streak-rolls-on/
Feb
22
CHICAGO, Feb 13, 2012 (BUSINESS WIRE) –Fitch Ratings has affirmed the Issuer Default Rating (IDR) of American Equity Investment Life Holding Company (AEL) at ‘BB+’ and the Insurer Financial Strength (IFS) ratings of its insurance operating subsidiaries, American Equity Investment Life Insurance Company (AEILIC) and American Equity Investment Life Insurance Company of New York, at …
Permanent link to this article: http://www.greenbrierrealestateservices.com/fitch-affirms-american-equitys-ratings-outlook-stable/
Feb
21
Posted on December 01 By Justin McHood In a bit of good news for seniors who may be considering a FHA reverse mortgage, HUD has announced that they will extend the loan limits for 2010 at 150% of the regular conforming loan limit. this means that the nationwide reverse mortgage loan limit is $625,500 through …
Permanent link to this article: http://www.greenbrierrealestateservices.com/2010-fha-reverse-mortgage-loan-limits/
Feb
21
February 02, 2012, 12:10 PM EST by Clea Benson and Lorraine Woellert Jan. 31 (Bloomberg) — Freddie Mac stopped making investments in derivatives known as inverse floaters last year after a regulatory exam raised questions about the mortgage company’s controls, the Federal Housing Finance Agency said. an FHFA examination “identified concerns regarding the controls, including …
Permanent link to this article: http://www.greenbrierrealestateservices.com/freddie-mac-halts-use-of-derivatives-tied-to-high-interest-rates/
Feb
21
NEW YORK | Wed Feb 1, 2012 7:26am EST NEW YORK (Reuters) – Applications for U.S. home mortgages slipped last week, even as interest rates also eased, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, fell …
Permanent link to this article: http://www.greenbrierrealestateservices.com/mortgage-applications-dipped-last-week-mba/
Feb
21
Tweet 30-year fixed rate mortgages are less popular these days but it’s not the 5-year ARM that’s drawing away interest. Rather, it’s the 15-year fixed. For homeowners with an eye toward long-term savings, the 15-year fixed rate mortgage is often the obvious choice. Click here to see mortgage rates. Last quarter, mortgage rates plunged. From …
Permanent link to this article: http://www.greenbrierrealestateservices.com/30-year-fixed-rate-mortgages-losing-favor-with-homeowners-15-year-fixed-gaining/
Feb
21
A mortgage guarantee company in India could enhance access to housing. but as the US experience tells us, there are dangers as well. February 15, 2012: The American itch somehow seems to tickle our policy and public opinion-makers from time to time. A few years ago, reverse mortgage was launched in India, taking a cue …
Permanent link to this article: http://www.greenbrierrealestateservices.com/the-downside-of-mortgage-guarantees/
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