Tag Archives: Home Loans

Why a Obama’s Mortgage Refinance Loans Can Help You Save Your Homes

Obamas mortgage refinancing loans enable you to avail the facility of new home loans with better rates, tenure and conditions. One of the most important aspects of this refinancing plan is that the facility of a loan taken can go … Continue reading

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Rate Boost Cheers Bank Stocks but Loans May Suffer

By B. Krishnakumar Home and car loan borrowers will finally feel the impact of rising interest rates. The countrys largest mortgage lender Housing Development Finance Corporation said Tuesday it will raise interest rates on home loans by 50 basis points … Continue reading

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Fannie program offers excellent loan terms

WASHINGTON – If you fit the profile – typically buyers with little cash on hand or small-scale investors looking for a deal on a foreclosed house – a little publicized national lending program could be just what you need this … Continue reading

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Bank of America Refinance Mortgage Rates – September Home Loans at Lowest …

Bank of America Refinance Mortgage Rates September Home Loans at Lowest Levels in 2010 Posted on | September 2, 2010 | No Comments Bank of America refinance mortgage rates are currently at the lowest levels we have seen in quite … Continue reading

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Database for home loans to check cheats

Fraudsters would soon find it difficult to raise multiple loans against the same property. The Central Electronic Registry (CER), an entity promoted by the National Housing Bank (NHB), will keep track of all mortgages in the home loan market. In … Continue reading

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Mortgage rates hit another all-time record low this week.

Mortgage rates hit another all-time record low this week. Rates on 30-year, fixed-rate home loans averaged 4.32 percent with an average 0.7 point this week, down from 4.36 percent last week, according to mortgage giant Freddie Mac. It is the … Continue reading

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Fed’s Duke Backs Rental Option to Mitigate Home Foreclosures, Unemployment

Federal Reserve Governor Elizabeth Duke said officials should stabilize communities wracked by the housing crisis by promoting the rental of homes owned by financial institutions after undergoing foreclosure. “It is not sufficient, given current economic conditions and the significant needs … Continue reading

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