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best mortgage rateNews.com.au - It can be disappointing for borrowers to give up such treats but it is in the best interests of their budget, at least until their mortgage rate eventually decreases. Read more
WA homeowners feel interest rate rise painMSN MoneyCentral - ... Community Bankers of America, referring to government and private-sector initiatives to slow the rate of ... Analysts said the Fed chairman was advising bankers that it was in their best interest to resolve mortgage problems quickly and to cut ... Read more
Banks should accept mortgage principal cuts: BernankeSan Francisco Gate - When Veronica Hodge realized the adjustable-rate mortgage on her Vacaville home was due to reset about $1,000 a month higher ... Consumer advocates said repayment plans are a Band-Aid solution at best. Read more
Despite crisis, mortgage modifications rareGlobe and Mail - Only the best customers getting rate deals on loans ... Mortgage broker Gary Siegle reckons he will be able to find a variable-rate mortgage at about 4.75 per cent compared ... Read more
Only the best customers getting rate deals on loansCNN Money - NEW YORK (CNNMoney.com) -- Mortgage delinquencies and foreclosures will continue to ... He said the reset of adjustable rate mortgages higher will also contribute to the ... or short payoffs, perhaps with shared appreciation features, would be in the best ... Read more
Bernanke: More mortgage, home woes aheadCNBC - Even in the best case scenarios, borrowers given repayment plans re-default at a high rate especially when arrears are large." The Fed chairman urged mortgage lenders and and investors "acting in their own self-interests" to let servicers write ... Read more
Bernanke says lenders, investors should write down principal on more ... Forbes - Even in the best case scenarios, borrowers given repayment plans re-default at a high rate especially when arrears are large.' The Fed chairman urged mortgage lenders and investors 'acting in their own self-interests' to let servicers write down the ... Read more
Bernanke urges more principal writedowns to avert foreclosures UPDATEMyFinances.co.uk - A range of fixed-rate mortgages which have proved a hit with landlords have helped The Mortgage Works scoop an industry award. The firm has been voted best fixed-rate buy-to-let provider at the Business Moneyfacts Awards in recognition of its ... Read more
Buy-to-let mortgages scoop awardNews.com.au - ... set to hit an 11-year high after the Reserve Bank lifted the official cash rate by ... Borrowers are now paying $4000 more a year on a $300,000 mortgage than if they had ... Buying vs renting - what's best for you? Survey : Housing dream fades on ... Read more
Rate rise to squeeze home ownersNews.com.au - The latest interest rate news and features More personal finance news in our Money section ... banks are bound to try to get the best price ... Read more
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