Mortgage Newsletter (5/26/2010)
Dear Mortgage4House.com Readers,
Welcome to the Mortgage Newsletter (5/26/2010). In this edition we have included news, articles and videos. You can find more resources on our website: Mortgage4House.com.
Mortgage News
Interest rate falls on Patrick’s home mortgage
The national recession that’s challenged Deval Patrick as Massachusetts governor has helped lower his home mortgage rate. Deval Patrick – United States – Governor of Massachusetts – Business – Financial Services (More)
New rules cuff some mortgages to banks
Marcel Beaudry, vice-president of ING Direct, says there is no question the new rules will have an impact on consumers looking to switch banks Photograph by: Jock Fistick/Bloomberg, Jock Fistick/Bloomberg A headlock would be the wrestling term to describe the hold Canadian banks will have on some consumers because of new, more strict mortgage … (More)
Moody’s Affirms CajaSur’s Mortgage Bond Ratings
Moody’s Affirms CajaSur’s Mortgage Bond Ratings (More)
Extra mortgage payments won’t boost profit
Making extra mortgage payments will not increase the profit or loss when the home is sold. (More)
Homeowners urged to remortgage as equity levels rebound
Homeowners who bought a property between 2006 and 2008 now have sufficient equity in their homes to remortgage on to a cheaper rate, research shows Homeowners have built up equity levels over the past four years. (More)
Mortgage Articles
Employed Versus Self Employed For Secured Loans, Mortgages and Remortgages
Until the tightening up of underwriting, since the start of the recession, financial products such as secured loans, mortgages and remortgages were just as available to the self employed as to the employed. The fact was, that in some cases, as regards, for example, income requirements, the self employed were at an advantage, and in other aspects they were equal to those in employment. There are a number of factors that lenders take into account when granting home loans, and the first of these is the equity available in a property. (More)
What Can a Mortgage Broker Do For Me
If you are a first time home buyer or looking to renew a mortgage, a mortgage broker can do many things to help you through the entire process. It’s important to know, that unlike the banks, a mortgage broker puts your best interests first. Although you do not pay any fee to the broker, they are still working for you. Their fees come from the institution where they place your mortgage. (More)
Make Your Mortgage Broker Work For You
If you’re looking for a mortgage broker, consider interviewing a few first. You want to make sure to get one who concentrates only on mortgages and has no other business interests. Make sure they have… (More)
This newsletter is provided by Mortgage4House.com.