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10/12/2008 News For:
Mortgage Rate For Home
Mortgage rates tipped to stay high
The Reserve Bank of New Zealand is tipped to cut the official cash rate this month, but mortgage holders and first home buyers are warned not to expect lower interest rates yet.
Upside-down on mortgage: Now what?
Q: My husband and I live in a house that I own on my own. I paid $500,000 for the house in 2005. I took out a 100 percent loan with a 5-year fixed-rate first mortgage for $400,000 and an adjustable $100,000 home equity line of credit as the second loan.
Home buyers 'lured' into distress
AUSTRALIAN banks ignored the sub-prime crisis and took greater risks in the home mortgage market to see of a challenge from rivals.
Banks move to trim prime rate further after Ottawa offers mortgage relief
TORONTO - Canada's big banks are passing on more rate cuts to consumers after credit markets freed up Friday in the wake of federal government help for the mortgage industry.
Mortgage last loan people pay, study finds
Behind the mortgage crisis lurks some consumer behavior that, at first glance at least, seems puzzling. When faced with the possibility of falling behind on home loans, credit card payments or car loans, borrowers are more likely to choose to let their...
Relief for home owners as mortgage giants pass on interest rate cut - but house prices plunge by record 13%
British homeowners have finally been given some relief after four major mortgage lenders pledged to pass on the half per cent interest rates cut.
Home calendar
First-time home buyers: Learn how to qualify for a government-sponsored tax credit, the home buying process and new mortgage programs, 7-8 p.m. Tuesday at Re/Max in the Hills, 36700 Woodward, Ste. 100 in Bloomfield Hills. Free. 248-646-8583.
Convicted mortgage loan officer loses his own home
Records show a former loan officer, convicted of defrauding more than 200 mortgage customers in New London County, has now lost his own home.
Home loans are still available locally
STAUNTON ? It's an intimidating time for first-time home buyers and those looking for real estate loans, but area mortgage lenders and Realtors are encouraging clients to take a step back and re-evaluate the market.
Two banks offering interest rate discounts for locals
Two banks are offering interest rate discounts for residents who live within Hermitage?s first Neighborhood Investment Program area and need a loan to undertake home remodeling or rehabilitation projects.
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