Mortgage owners ‘facing shortfall’ (Evening Standard)
Homeowners with endowment mortgages are facing an average shortfall of £7,057 between the maturity value of their property and the mortgage it needs to repay, research showed today.
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If You Have an Adjustable Rate Mortgage, Why You Need to Refinance Now (Wellsville Daily Reporter) (ARA) - When you signed up for that adjustable rate loan a few years back, it probably seemed like a deal too good to pass up. But fast forward to
Government Takes a Look at Title Insurance Industry Title insurance typically is a mandatory and large cost for most home purchasers and mortgage refinancers - often in the $1,000 to $2,000 range. But is it priced too high
Northern Rock mortgage shake-up Northern Rock is to slash the number of mortgage products it offers customers in the wake of its funding crisis. The bank is axing two-thirds of its mortgage range
How Hot Land Sales Offset A Housing Glut in Phoenix Private builders and investors are starting to buy land at discounts from home builders and developers needing to sell. read more...
Mortgage applications fall as rates rise (CNN Money) According to the Mortgage Bankers Association's weekly application survey, volume fell 4.6% during the week ended May 23.read more...
Dow loses over 280 points on mortgage, credit fears (AFP via Yahoo! News) The leading Dow Jones Industrial Average plunged over two percent Friday as US stock markets suffered a battering from mortgage- and credit-related woes.read more...