Mortgage Newsletter (6/25/2010)
Dear Mortgage4House.com Readers,
Welcome to the Mortgage Newsletter (6/25/2010). In this edition we have included news, articles and videos. You can find more resources on our website: Mortgage4House.com.
Mortgage News
Borrowers face tougher mortgage test
LENDERS are making it harder for people to borrow for homes by lifting the size of rate rises customers must show they can handle. (More)
Mortgage rates at lowest point since at least 1971
Mortgage rates fell this week to the lowest level on records dating to 1971, giving consumers added incentive to lock in low payments for home purchases and refinanced loans. (More)
Mortgage rates sink to lowest level on record
Mortgage rates fell this week to the lowest level on record, giving consumers added incentive to lock in low payments for home purchases and refinanced loans. (More)
Mortgage Approval Rise Shows ‘Stable Market’
Mortgage approvals hit their highest level of 2010 last month, according to the British Bankers Association. (More)
Mortgage Articles
How a Mortgage Broker Can Help You Get the Best Deal
Mortgage brokers are an integral part of the loan market in many countries. They carry out a number of loan process related activities for the borrower who hires their services. (More)
Mortgagee Sales – Under Threat
Living under threat of losing your property maybe through no fault of yours it could just be the circumstances you have found yourself in, could be your health, could be losing a job, in these recession times we are facing right now, rest assured you are not in this alone, thousands all over the world have walked away from there prime possessions just as they did in the 1930’s. Having mortgage problems, lost your job, unable to get another one, cannot pay your property repayments, do not just sit there and do nothing about it, do not think it will be alright, go away, because it will not, face up to it and first port of call is the lending institute who has lent you the money tell them what has happened and do they have any advice for you. (More)
In-Depth about Reverse Mortgage
Reverse mortgages are an option geared towards older people who are in need of cash. They use their home equity as collateral for these payments, either lump sum or installments. Once the home is ap… (More)
Negitive Equity Loans, a good thing for Irish banking
On one hand, as Charlie Weston quotes “The ESRI has estimated that the average first- and second-time buyer who bought in the last six years is on average almost ?40,000 in negative equity. It wil… (More)
This newsletter is provided by Mortgage4House.com.