HOME LOANS NEWS & INFORMATION
www.advancedpowerline.com is no longer available.
Please contact sales@accudaq.com or (281) 438-7500
www.advancedpowerline.com is no longer available.
Please contact sales@accudaq.com or (281) 438-7500
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Monday, January 05, 2009
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LATEST HOME LOANS NEWS:
Home Loans May Become Prohibitive
Bandar Seri Begawan - Home buyers may find their choices of future residences narrowed by the new Building Tax which, once and if applied on residential buildings, may cut the amount of home loans they can take out from banks. Consider student loans before refinancing home Dear Liz: We owe $127,000 on a home that's currently worth more than $300,000. We have a daughter entering college in fall 2010. Her first year will be paid through an education account, her second through some of our savings. Years 3 and 4 are less clear, but we are certain we want to pay for the rest of her education. Should we refinance our home now, before its value falls further, and take ... Home sales are up but prices are falling: Who's buying houses? Current home shoppers, experts say, generally fall into two camps '” first-time home buyers and investors. Almost all other buyers remain on the sidelines, either because they're unable to qualify for low-interest loans or because their current home has lost so much value they don't have enough equity for a down payment on a new one. Sharp drop in small business loans The credit freeze afflicting America's small businesses shows no signs of thawing. In the last three months of 2008, the Small Business Administration's flagship loan-guarantee program backed less than half the number of loans it approved a year earlier - a sign that fewer entrepreneurs are getting financing to start or expand their ventures. Pink calls for more Libor loans Pink Home Loans has urged more lenders to launch London Interbank Offered Rates linked mortgage products. ... Buyers Market for Denver Home Sales DENVER - Interest free loans for HUD owned homes, the lowest mortgage rates in 55 years, and home prices that are holding their value better than all but two metro areas in the United States are all reasons why Denver-area Realtors are getting their open house signs up every weekend. Failed US home loans bank IndyMac sold for 14 billion dollars By Arun Kumar, Washington, Jan 3 : A group of private investors has agreed to buy for nearly 14 billion dollars the collapsed home loans specialist IndyMac Bank, the third-largest bank to fail since the US government began insuring deposits in 1934. |




