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Mortgage lenders Pinnacle Direct, Tri-Star merge (BizJournals)  Pinnacle Direct Funding Corp., a wholesale mortgage lender, merged with sister company Tri-Star Lending Group.read more...


Personal Finance Daily -- April 20  Think about every job you've ever applied for, every apartment you've ever rented, any car or dog or cat you've ever licensed and all the other routine paperwork you've ever


NAHB Names New President  North Carolina home builder David L. Pressly, Jr. was elected as the 2006 president of the 220,000-member National Association of Home Builders during the association's 62nd annual International Builders' Show


Mortgage lending rise is biggest in two years (The Scotsman: Business)  DEMAND for home loans is booming, with a rise in mortgage lending of £9.2 billion in January, the biggest amount in nearly two years.read more...


Paragon sees sharp mortgage fall (Financial Times)  Paragon , the specialist buy-to-let mortgage lender, has estimated total advances for new mortgages for the first half will be about 50 per cent less than a year ago as


Is it Time For You to Switch To a Fixed-Rate Mortgage?  Thousands of homeowners who took out high-risk adjustable-rate home loans this year face interest-rate resets, which could make it hard to meet monthly payments. Here are tips to help you

February 23rd, 2008

You save to secure the best mortgage rate, and then the lender shifts the goalposts (Independent)

Mortgage lenders could be set to raise rates by the back door, making changes to lending conditions that will force borrowers to pay more for a new home loan.

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