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What About My Mortgage?

Posted by kndrck 394 days ago Home Loans
The Bush administration wants to help beleaguered financial institutions - and prevent the financial crisis from getting worse - by spending $700 billion to buy up troubled mortgage securities. Read More
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Tags: mortgage
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Competition Commission concerned over competition with PPI

Posted by gabriel 394 days ago Home Loans
The financial news has been filled with stories about problems relating to payment protection insurance or PPI, with evidence that this insurance has been mis-sold to consumers for a number of years, and that lenders were Read More
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Tags: competition commission
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Housing market is "depressed"

Posted by ivan 394 days ago Home Loans
The housing market is currently in a "depressed" state, the Building Societies Association (BSA) has claimed.

Earlier this week, the Bank of England stated that the number of loans approved for house purchase, remortgaging and other purposes were all lower in August than in July. Read More
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Tags: housing market
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Growing demand for "flexible" credit, says expert

Posted by ivan 394 days ago Home Loans
There is a growing demand for more "flexible" credit, according to one expert. However, many consumers are finding there are fewer available products on the market, John Lamidey MBE, of financial services group Cattles, recently remarked. Read More
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Ship criticises equity release report

Posted by ivan 394 days ago Home Loans
Safe Home Income Plans (Ship) has claimed that a report into equity release published by consumer magazine Which? offers an "outdated view" of such loans. Read More
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Wachovia Quits Offering Risky Mortgage Loan

Posted by howard 394 days ago Home Loans
CHARLOTTE, N.C. (June 30) - Beleaguered consumer bank Wachovia Corp. said Monday it will quit offering a mortgage payment option that allows borrowers to pay less each month than the bank charges in interest. Read More
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Tags: mortgage loan
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Save Thousands on Your Mortgage

Posted by howard 394 days ago Home Loans
A bi-weekly mortgage saves you thousands of dollars in interest expense over the loan term. You amortize your loan faster, shortening the time it takes before you own your home outright. Read More
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Managing Interest Rates

Posted by howard 394 days ago Home Loans
If you borrow money, you pay an interest rate on your loan. The interest rate is stated as a yearly percentage rate, which is the interest cost of borrowing for one year. For examp Read More
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Tags: interest rates