Mortgage Advice Guide

HBOS's £500m mortgage move an 'encouraging' sign Telegraph.co.uk, United Kingdom -2 hours ago By Philip Aldrick HBOS, Britain's largest mortgage lender, yesterday completed the first mortgage securitisation since the credit markets seized up in … Halifax tests water with post-crunch mortgage bond saleguardian.co.uk HBOS Sells First UK Mortgage-Backed Bonds This Year (Update2)Bloomberg HBOS bond sale 'first sign of thaw'Scotsman Independent - guardian.co.uk all 16 news articles

More: continued here

24dash

UK Faces Housing Crisis Forbes, NY -15 hours ago –Mortgage approvals have fallen 44% in the past year, indicating that recent reported house-price falls belie a more substantial fall in housing demand. … House sales could plummet this yearLoans4 Mortgage transactions fall 40% but house prices bounce backFair Investment Company Housing slump 'to hit economy'The Press Association Telegraph.co.uk - Building.co.uk all 188 news articles

More: continued here

Fresh News

Mortgage Rescue Pressures Fannie and Freddie Forbes, NY -3 hours ago A fight on Capitol Hill over legislation to rescue the US mortgage market is heating up, and while politicians wrestled over details, government-backed … US bill would require mortgage broker licensingReuters Mary Had a Little Lamb and a Jumbo MortgageBloomberg Freddie CFO: GSEs gaining share, raising pricesCNNMoney.com Los Angeles Times - Best Syndication all 1,309 news articles

More: continued here

The Mortgage Clinic: 'Why do small flats suffer big price falls?' Independent, UK -2 hours ago When prices fall, first-time buyers try to see if it's possible to "trade up" to get more for their money, says Richard Morea of the mortgage broker London …

More: continued here

Superior Bancorp opens mortgage center downtown Bizjournals.com, NC -8 hours ago Superior Bancorp expanded its mortgage enterprise this week by opening its new mortgage center headquarters downtown. The Birmingham-based thrift plans to …

More: continued here

Saving for a deposit to buy a home can be difficult during times of high property prices. This is particularly the case when the average price of a property rises above four times the average salary. This can make the task of saving for a deposit take several years, especially if property prices are continuing to rise.

More: continued here

If youre looking to buy a house, but dont quite have enough capital to put down a minimum 5% deposit, it may be that you can apply for a 100% mortgage, also known as a no deposit mortgage. This is where youre actually borrowing against the full cost of the property, as opposed to whatevers left after youve put down a deposit. However, there are pros and cons to this approach, so you need to make sure youre aware of whats involved before you take one on.

More: continued here

How government is like a subprime mortgage borrower Baltimore Sun, United States -10 hours ago Washington's decline into $9 trillion in debt and the subprime mortgage crisis are remarkably alike, he says. To wit: 1) There is a disconnect between …

More: continued here

Property News

First Direct re-enters the mortgage market Independent, UK -2 hours ago By David Prosser First Direct, the bank that spooked the mortgage market by ceasing all new home lending seven weeks ago, is to reopen its doors. … C&G pulls its entire mortgage rangeguardian.co.uk The Mortgage MythbusterMotley Fool UK Cheltenham and Gloucester Hikes Mortgage Rates By 0.25 PercentAHN BBC News - The Mortgage Provider Online all 14 news articles

More: continued here

If youre a College Station homeowner with an adjustable rate mortgage and/or a load of unsecured debt, youll never have a better time than the present to take control of your finances, get out from under those credit cards and lower your monthly payments than right now.

More: continued here