Archive for the Investing Category

5 factors that make and #8216;Mortgage approved!’ happen for buyers

NEW YORK #8212; There #8217;s rarely been a better time to buy a home. If only you could get approved for a mortgage.

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Extra mortgage rate hike to hit 200,000 homes

Around 200,000 mortgage holders are to be hit with interest rises above those set to be imposed by the European Central Bank this week.

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Five factors play key roles in mortgage application – Sun, 03 Jul 2011 PST

NEW YORK — There’s rarely been a better time to buy a home. If only you could get approved for a mortgage

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Reverse mortgage defaults threaten seniors

Reverse mortgages, which allow older adults to convert some of the equity in their homes into cash, have been a life line for many house-rich, cash-poor seniors struggling to get by. But now, with a growing number of reverse mortgages falling into default, these retirees could end up losing their homes.

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Mortgage approved: 5 factors that lenders consider on home loan applications in tighter financial market

There’s rarely been a better time to buy a home. If only you could get approved for a mortgage.

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Mortgage approved

NEW YORK — There’s rarely been a better time to buy a home.

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Is it time to supersize your mortgage payments?

According to a recent RBC Home Ownership survey, 65 per cent of Canadian homeowners are worried about mortgage rate increases and 56 per cent admit that their mortgage is higher than they expected.

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Report: Troubled Mortgages Still Plague Banks

The nations banks are holding a much higher rate of defaulted mortgages on their books than mortgage giants Fannie Mae and Freddie Mac, according to a report released Wednesday by the Office of the Comptroller of the Currency.

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$8.5 billion deal near in suit on bank mortgage debt

Bank of America is near a deal to settle a suit by investors who bought securities that soured.

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MetLife could get $200 mln from B. of A.: analyst

NEW YORK — Analysts at Sterne Agee said on Wednesday that insurer MetLife Inc. could see up to $200 million of payouts from Bank of America Inc.

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