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IMPORTANT: Bing News RSS feed has moved!13 (Bloomberg) -- Short-term funding secured by mortgage bonds is tightening after prices ... as the value of some securities dropped as much as 40 percent from highs earlier this year. Haircuts protect lenders such as banks and money-market ... Read moreMortgage-Bond Repo Lenders Stiffen Some Loan Terms, Invesco SaysTo be clear, anybody with an existing mortgage is unaffected until they renew. Why would you want to renew early or lock in if your present rate is 2.1%? "If you have three and half years left on that term you are not going to give it up," said Vince ... Read moreVariable-rate loan no longer rulesIn another case, a 60-year-old woman said she was working and in debt when she had been advised to take out a 40-year term mortgage by a high street lender, five years previously. The woman was later on a state pension and was paying her mortgage interest-only. Read moreFSA warns over lending to over-50sYou saw that title, "A $200K Mortgage for $2 a Month," and maybe you thought ... But the GAO report wasn't very specific about the terms of those bailouts. For that, we have the Freedom of Information Act records obtained by Bloomberg News, which Bloomberg ... Read moreA $200K Mortgage for $2 a Month... on the 15-year fixed mortgage fell to 3.21 percent from 3.27 percent. That's also a record. Rates could fall further still. Many economists think the yield on the 10-year Treasury note could creep lower in 2012. Long-term mortgage rates tend to track ... Read moreAverage 30-year loan rate ties record: 3.94 pct.Will Britain's housing market race away in Olympic year – or fall at the first hurdle ... This would add £40 a month to the cost of a £300,000 repayment mortgage, Mr Hollingworth said. Santander and Woolwich have also raised rates. Read more'House prices will fall and mortgage rates will rise'Royal Charter Mortgage ... serve three-year terms. Jessica Blanchfield, owner of Multi Marketing Corp., has been honored with the Fresno Leading Young Professional of the Year Award. Earlier this year, she also received the 40 Under 40 Award. Read moreBoard Room 12/18The building downturn in Nelson is the worst in Colin Kennedy's 40-year career but there ... remains at its lowest levels for 18 years in the September quarter, with just a small rise in prospect in the short term, despite the lowest interest rates for ... Read moreBuilding gloom 'worst in 40 years'But not every consumer with an upside-down mortgage will qualify ... is 105% for adjustable-rate loans with an initial fixed period of 5 years or more and terms up to 40 years. Q: Can a borrower refinance from a 30-year to a shorter-term ... Read moreFor additional information, please see:
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