Banks and Finance – The main obstacle stopping people from getting on the property ladder

October 9, 2014

People who are looking to settle down, buy their first home would find it hard to secure finance, due to the strict regulations of banks introduced after the recession. There are new requirements set, and one needs to save up more to put down a deposit for their new home. Some people would think that […]

Read the full article →

Jumbo Loans: Should I Go With Fixed Rate or Adjustable?

January 11, 2013

Jumbo loans — that is, loans for more than $417,000 — are a different kind of entity than normal loans. Because the amount of money involved in a jumbo loan is so large, banks automatically assume they are more risky than normal loans. Because of the added risk, banks add to the interest rate of […]

Read the full article →

Increase Your Chances Of Approval For A Property Loan

April 17, 2012

Obtaining approval for a property loan has become increasingly more difficult as lenders have tightened their lending restrictions and are scrutinizing the finances of applicants more carefully for indicators of future issues.  Fortunately, being approved for a property loan with low loan rates is not impossible and there are some actions that you can take […]

Read the full article →

Have You Ever Used a Mortgage Calculator?

August 13, 2011

It doesn’t matter whether you’re re-mortgaging or taking out your first mortgage, a mortgage calculator can be a really useful tool. With the current economic climate and personal finances being at the forefront of many people’s minds at the moment, people are looking to try and save money wherever they can. In the essence of […]

Read the full article →

New Book: The New Rules for Mortgages

September 27, 2010

Since the beginning of the housing boom, books explaining the mortgage process have grown rapidly, but most of the advice and information in those books no longer applies. The rules have changed. In the current credit environment (and for years to come), prospective home buyers need a book that explains the new reality in terms […]

Read the full article →

LendingTree Launches Blackberry App; Mortgage RateFinder

July 28, 2010

Provides Convenience with the Ability to Maintain Privacy CHARLOTTE, NC – LendingTree today announced the launch of its first Blackberry app, the Mortgage RateFinder, now available at Blackberry App World. The free application allows users to obtain on-the-spot loan offers anonymously. “In today’s low-rate mortgage environment, it’s important for consumers to shop around to ensure […]

Read the full article →

Fannie Mae Launches New Series of “Five Step” Guides to Help Educate Homeowners and Potential Home Buyers

June 22, 2010

First Three Tip Lists Focus on Home Buying, Housing Counselors and Mortgage Modification Scams WASHINGTON, DC — Fannie Mae (FNM/NYSE) today launched the first three in a series of “Five Step” guides, offering useful information for current homeowners, those interested in purchasing a home and homeowners who may be struggling with their current mortgage.  Each […]

Read the full article →