Reverse mortgages harder to get. Is one right for you? Reverse mortgages granted in 2010 were down nearly a third from levels in 2009, due to stricter regulations and the housing slump. While some see reverse mortgages as a sophisticated tool, many say it’s only a last resort. Read more on The Christian Science Monitor
Tag Archives: mortgages
Mortgages soar despite restrictions
Mortgages soar despite restrictions New mortgages granted rose 34% in May to a 12-month high of NIS 4.8 billion. Read more on Globes Online
Federal proposal would toughen debt restrictions on mortgages
Federal proposal would toughen debt restrictions on mortgages Washington Post Wednesday, June 8, 2011 Consumer borrowing is so rampant in America that most people who took out a mortgage last year to buy a home ended up spending more than a third of their income to pay that loan and other debts. Now, a federal [...]
Qld’s worse off with mortgages
Qld’s worse off with mortgages QUEENSLANDERS are 25% worse than the rest of the country when it comes to defaulting on mortgage repayments, according to ANZ data. Read more on News Mail
NorthMarq arranges $48.1 million in new mortgages
NorthMarq arranges $48.1 million in new mortgages NorthMarq Capital’s Bloomington office recently arranged five first mortgages worth $48.1 million for multifamily and office properties in Minnesota and surrounding states Read more on Finance and Commerce
Paragon Mortgages 12 UK Regulatory Announcement: FRN Variable Rate Fix
Paragon Mortgages 12 UK Regulatory Announcement: FRN Variable Rate Fix LONDON–(BUSINESS WIRE)–Re: Paragon Mortgages (No12) PLC GBP 145000000 MATURING: 15-Nov-2038 ISIN: XS0261646136 PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 16-May-2011 TO 15-Aug-2011 HAS BEEN FIXED AT 0.941880 PCT DAY BASIS: ACTUAL/365(FIX) INTEREST PAYABLE VALUE 15-Aug-2011 WILL AMOUNT TO: GBP 72.99 PER GBP [...]
BofA Chief Says Bank Still ‘Struggles Mightily’ on Mortgages
BofA Chief Says Bank Still ‘Struggles Mightily’ on Mortgages Bank of America Corp. Chief Executive Officer Brian T. Moynihan told shareholders today the lender is still straining to curtail bad mortgages in a housing market that faces “enormous challenges.” Read more on BusinessWeek
House Committee Approves New Method For Financing Mortgages
House Committee Approves New Method For Financing Mortgages Here we go again? The House Financial Services Subcommittee this week approved a bill that would cre Read more on Forbes
UPDATE 1-Bank of Israel to limit variable rate mortgages
UPDATE 1-Bank of Israel to limit variable rate mortgages * Variable rate mortgages not to exceed a third of the loan Read more on Reuters via Yahoo! Malaysia News
Research and Markets: What Consumers Want: Mortgages and Personal Loans in Brazil 2010 – The Ability to Make Over or …
Research and Markets: What Consumers Want: Mortgages and Personal Loans in Brazil 2010 – The Ability to Make Over or … DUBLIN–(BUSINESS WIRE)–Research and Markets(http://www.researchandmarkets.com/research/cb8ccb/what_consumers_wan) has announced the addition of the “What Consumers Want: Mortgages and Personal Loans in Brazil 2010″ report to their offering. Introduction This slide deck provides direct answers to the important [...]