BOI cuts mortgage rates – but no relief for variable rate customers
Bank reduces fixed rates but has not cut its variable rate as consumers are urged to boycott the bank
Ireland's permanent tsb to cut mortgage rates for new customers
DUBLIN (Reuters) – Ireland's permanent tsb (PTSB) will cut mortgage rates for new customers from next week, becoming the latest lender to do so amid intensifying competition in a recovering property market. …
Mortgage fear after Christmas spend
More than three million Britons fear they will miss their rent or mortgage payments in January as the cost of Christmas takes its toll, research from Shelter suggests.
Scots struggling to meet rent or mortgage costs
ONE in four Scots fears they may not be able to meet their rent or mortgage payments at some point this year, according to Shelter Scotland.
Low mortgage rate not automatic lock to stay in home
A low mortgage rate turns out to be just one of a number of factors homeowners take into consideration when thinking about buying another house.
RBS shares hit by report of higher U.S. mortgage bond claims
Royal Bank of Scotland could have to pay higher than expected settlements to cover the cost of involvement in the mis-selling of U.S. mortgage-backed securities, The Times reported on Friday, pushing RBS …
Mortgage approvals fall to 17-month low in November
Property market suffers autumn slowdown as Bank of England figures show dip after summer recovery The number of mortgages approved for house purchases fell to a 17-month low in November, in a further sign of a housing market slowdown in the autumn. A total of 59,029 home loans were approved for purchases during the month, according to figures from the Bank of England, below the average of 63,191 …
All Reverse Mortgage Releases Calculator App to Bring Estimates Mobile
ORANGE, Calif., Jan. 2, 2015 /PRNewswire/ — Getting a reverse mortgage loan estimate just got a lot easier. While people who are 62 and older have long been visiting websites and loan officers to learn more about tapping into their home equity through a federally-insured reverse mortgage loan, now they can receive an estimate by plugging in few data points into an easy-to-use mobile app. “Years …
Mortgage rates defied forecasts in 2014; what's ahead in 2015?
Housing economists were nearly unanimous a year ago: U.S. mortgage rates would rise in 2014 because the Federal Reserve was unwinding a key economic stimulus that had helped keep long-term interest rates low.
Golden First Settles U.S. Mortgage Fraud Claims for $36 Million
Golden First Mortgage Corp. agreed to a $36 million settlement of U.S. claims that the company — which allegedly saw 60 percent of government underwritten loans go into default since 2002 — defrauded a federal mortgage program.