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2/15/2009 News For:

Low Cost est Mortgage Quote

Indonesia to provide housing to low-incomes through secondary mortgage  The Indonesian government will boost house financing through the sales of mortgage-backed securities, so as to help provide decent housing to low-income people, the Jarkata Post reported Friday. The Indonesia Finance Ministry, the Office of State Minister for People's Housing and Indonesian central bank BI jointly signed a decree on Thursday that allows banks to get quick funds from selling ...

Are lower mortgage rates working?  Low mortgage rates could be a big help to first-time home buyer Nicole Landstrom, who expects to close a sale on a three-bedroom starter in Vancouver this month.With 30-year mortgage...

Should you nail a low mortgage rate down?   The remarkable fall in interest rates has left people on tracker mortgages rubbing their hands with glee.

U.S. mortgage applications slump to 8-year low   Demand for U.S. mortgage applications tumbled nearly 25 percent last week, with requests for loans to buy homes sinking to an eight-year low, the Mortgage Bankers Association said on Wednesday, as potential buyers hold out for better terms and government help.

Mortgage lending at 34-year low  Mortgage lending to house buyers fell last year to its lowest level since 1974, the Council of Mortgage Lenders says.

Commercial Mortgage Bond Risk Soars on Stimulus Plan Doubts  Feb. 12 -- The cost to protect commercial mortgage bonds from default soared amid concerns that the U.S. government?s stimulus plan may not be enough to turn around the economy.

Honolulu mortgage firm execs accused in home loan scheme  Four employees at a Honolulu mortgage company were indicted by a federal grand jury for allegedly coordinating a home loan scheme that cost banks and troubled homeowners hundreds of thousands of dollars.

New rule: Pay bills on time  Q: We have been in our first house together for just shy of six years. We are not married but both of our names are on the mortgage. We have an opportunity to refinance but my credit score is too low for me to quality for the loan, so an option would be to put the loan in my fiance's name only.

Oil climbs above $34 on reports of US mortgage aid   Reports that the U.S. government may subsidize mortgage payments pushed oil prices above $34 a barrel Friday after investor skepticism about the U.S. stimulus package weighed on prices earlier this week.

Obama concentrates on stimulus, mortgage crisis  WASHINGTON - President Barack Obama promotes his economic agenda this week with trips outside Washington to sign the $787 billion stimulus package and to tackle the home mortgage foreclosure crisis.