Archive for the ‘Mortgages’ Category

Home Equity Loans For The Self-Employed
Topics: loans, home, equity, refinance, interest, value, cash, mortgage, sell, house Those of you who are among the ranks of the self-employed may have already learned that it is more difficult to get a loan - let alone a home equity loan. The good news, though, is that it is possible. Here is some information and tips about how you can get a home equity loan if you are self-employed. The truth is, first, that you will find it more difficult to get a loan because you are self-employed. The p

(AFX UK Focus) 2008-09-07 16:22 Full Statement of Treasury Secretary Henry Paulson on Fannie, Freddie plan (Interactive Investor)
WASHINGTON (Thomson Financial) - Statement by Secretary Henry M. Paulson, Jr. on Treasury and Federal Housing Finance Agency Action to Protect Financial Markets and Taxpayers

Mortgages arrears show sharp rise (Financial Times)
Arrears and repossessions among prime mortgage borrowers jumped sharply in the second quarter, according to a report by Moody’s which suggests that home loans are deteriorating even among borrowers with good credit records.

Free money
Why didn’t someone think of it before? It is so obvious. The logic is so simple. If the housing market is collapsing from a lack of credit, then why doesn’t the government step in and offer free loans to first time buyers. Problem solved. As soon as the money comes on line, house prices will stabilize. First time buyers will come flooding back into the housing market, waving their free loans at risk-averse banks. How did Brown and Darling justify this extraordinary generosity? In announcing th

Debt Rattle, September 3 2008: Unproven Reserves
Detroit Publishing Co. Old Man River 1900 Mississippi River Landing. Sternwheeler “Belle of Calhoun” and sidewheeler “Belle of the Bends” taking on cargo. Ilargi: Wall Street stock exchange regulator SEC has been under pressure for years to allow oil companies to put unproven reserves in their books as proven. To make its case, the energy sector points to historical “recovery” levels, where a percentage of unproven reserves actually turned out to exist. Now the SEC is about to give in to

Mortgages approvals plunge 71% to record low (Times Online)
The malaise in the housing market worsened in July as the number of mortgages approved for house purchase fell by 71 per cent to a record low of 33,000 home loans.

Mortgages - Isle of Man (UK)
Mortgages Isle of Man Bank offers a wide range of mortgage products for people wishing to buy or let property on the island. Whether you require a mortgage for your first home or to remortgage your existing home we are here to help. If you’re a higher income earner with a minimum salary of £50k per annum and want a flexible mortgage that puts you in control, then the Foundations Mortgage could be for you. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGA

What Can Be Gained By Refinancing Your Mortgage?
Topics: loans, refinance, home, equity, mortgage, house, finances, interest, types, release Many people are doing it, but should you? Getting a new mortgage to replace the old one could be very sound advice but not every time. Here are some things that you could gain if you refinance your mortgage. Lower Interest Rates One of the best reasons to refinance is to be able to get a better interest rate and lower your monthly payments. This, of course, leads to more savings. Since the interest r

Mortgages arrears show sharp rise (Financial Times)
Arrears and repossessions among prime mortgage borrowers jumped sharply in the second quarter, according to a report by Moody’s which suggests that home loans are deteriorating even among borrowers with good credit records.