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Terra Closes First mortgage loan on Development Site in Laguna Niguel

Terra Capital Partners is pleased to announce the closing of an $11.3 million first mortgage loan to fund the acquisition of an 11.5 acre site at 30111 Niguel Road, an infill location in the affluent community of Laguna Niguel, California.

PTSB cuts mortgage rates for new customers

Permanent TSB has announced a series of interest rate cuts of between 0.35% and 0.42% to its mortgage products for new customers as it attempts to gain a bigger slice of the market.

Millions fear missing January’s rent or mortgage payments, says Shelter

Interest rate rise would put many more in trouble, with almost 60% saying they are already struggling to meet housing costs More than 3m households in Britain fear missing their rent or mortgage payments this month, Shelter has said, adding that an interest rate rise would put many more in trouble. Research from the housing and homelessness charity shows that almost 60% of people say they are …

Personal finance Q&A: Eliminating private mortgage insurance

Dear Liz: I bought my first home about a year ago. Because I had very little money for the down payment, I have to pay private mortgage insurance, which is a whopping $385 each month. My burning question about this is: How can I get rid of it? There must be a way to pay the loan quicker or…

Top 10 mortgage tips for 2015

After mortgage rates stayed surprisingly low in 2014, who knows how they will shake out in the new year? Either way, borrowers who want to refinance or buy a home have the best chance to get the lowest rate by knowing more, not less, about the mortgage game.