Don't wait! Rates are falling, time to refinance
Now's the time to refinance. More than 7.4 million homeowners stand to benefit from slipping mortgage rates.
UK mortgage approvals pick up in December, consumer credit slows
British mortgage approvals rose in December for the first time since June, the Bank of England said on Friday, suggesting that a steady slowdown in the number of loans for home purchases could be bottoming out. Data from the BoE also showed a sharp slowdown in December in borrowing by British consumers whose spending has driven the country's economic recovery. The BoE said mortgage approvals for …
Fitch Expects to Rate Agate Bay Mortgage Trust 2015-1; Presale Issued
Fitch Ratings expects to rate Agate Bay Mortgage Trust 2015-1 as follows:
Mortgage holders win at Supreme Court
High court unanimous that home loan borrowers need only send a letter to their bank to rescind a contract when disclosure violations are at issue.
BOI cuts mortgage rates – but no relief for existing variable rate customers
Bank reduces fixed rates but has not cut its variable rate for existing customers as consumers are urged to boycott the bank
BOI cuts mortgage rates – but no relief for variable rate customers
Bank reduces fixed rates but has not cut its variable rate as consumers are urged to boycott the bank
Mortgage approvals down in November
The number of mortgage approvals made to home buyers fell to its lowest levels in almost a year-and-a-half in November, the Bank of England has reported.
Mortgage approvals fall to 17-month low in November
Property market suffers autumn slowdown as Bank of England figures show dip after summer recovery The number of mortgages approved for house purchases fell to a 17-month low in November, in a further sign of a housing market slowdown in the autumn. A total of 59,029 home loans were approved for purchases during the month, according to figures from the Bank of England, below the average of 63,191 …
All Reverse Mortgage Releases Calculator App to Bring Estimates Mobile
ORANGE, Calif., Jan. 2, 2015 /PRNewswire/ — Getting a reverse mortgage loan estimate just got a lot easier. While people who are 62 and older have long been visiting websites and loan officers to learn more about tapping into their home equity through a federally-insured reverse mortgage loan, now they can receive an estimate by plugging in few data points into an easy-to-use mobile app. “Years …
Credit Suisse vows to fight New York mortgage securities case
ZURICH (Reuters) – Credit Suisse Group AG said on Monday it would fight a U.S. lawsuit which accuses the Swiss bank of deceiving investors in mortgage-backed securities it had issued. The Zurich-based bank said a New York State Supreme Court justice had last week rejected its request to dismiss the case, in which New York Attorney General Eric Schneiderman accuses the bank of misrepresenting the …