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Mortgage lending slows as interest rate hikes start to bite (Independent)  Mortgage lending slowed sharply last month, providing fresh evidence that the housing market is coming off the boil.read more...


The Best Way To Benefit From Rate Cuts  If you're a homeowner on a discounted variable or tracker repayment mortgage, chances are you will have been very pleased to learn of the Bank of England's Monetary Policy Committee's


Slowing sales doesn't mean real estate crash coming  While discussions of the construction industry recently have produced plenty of long faces, not all economists believe that real estate is headed for a crash.read more...


ROMANIA: BNR Will Not Limit Mortgage/Housing Loans (seeurope.net)  Romania's Central Bank (BNR) does not have in view imposing some restrictions for rising the interest rates for the mortgage or housing loans in order to limit them, said BNR


First State Financial Reports 3rd-Quarter Earnings Down on Declining Mortgage Fees (Canadian Business)  SARASOTA, Fla. (AP) - Community bank First State Financial Corp. said Friday its third-quarter earnings fell 30 percent due to a decline in mortgage fees.read more...


Triangle home sales fell in Nov.  Sales of existing homes declined for the second consecutive month in November, further weakening the Triangle's most important industry.Commentread more...

January 20th, 2007

Confused by all the Mortgage Options? Here’s Help (Southwest Daily News)

(ARA) – Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan.

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