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Archive for February, 2012

Home borrowers itchy to switch lenders - Ninemsn

Wednesday, February 29th, 2012

Home borrowers itchy to switch lendersNinemsnEighty-one per cent of mortgage holders will switch or consider switching lenders if they found one with a more competitive mortgage rate, CUA said. Interest rates are likely to increase over the next three months, 46 per cent of respondents said.and more »

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Central Bank\’s mortgage guideline lowers rate - Trinidad Guardian

Wednesday, February 29th, 2012

Central Bank's mortgage guideline lowers rateTrinidad GuardianIn a statement, the Central Bank said customers are reminded that the MMRR is not the mortgage rate that will be charged by the commercial bank. The mortgage rate will be based on the MMRR plus a margin which will be negotiated between the commercial …

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Pushing on a string of vacant homes - The Economist (blog)

Wednesday, February 29th, 2012

The Economist (blog)Pushing on a string of vacant homesThe Economist (blog)If the economy is saddled with many more homes than it actually needs, then even with a mortgage rate of zero new residential investments might be unattractive. The longer the recovery has gone on, however, the less binding this constraint is likely to …and more »

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Rate cut cash spent on dining - Brisbane Times

Wednesday, February 29th, 2012

Brisbane TimesRate cut cash spent on diningBrisbane Times''It seems the 0.50 point mortgage rate cut in late 2011 was celebrated by eating out,'' said TD Securities economist Annette Beacher. ''Consumers are spending, but increasingly on services, not all reflected in the retail figures.and more »

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ClosingCorp Introduces SmartClosing Mortgage Calculator, Partners with Z57 - MarketWatch (press release)

Wednesday, February 29th, 2012

ClosingCorp Introduces SmartClosing Mortgage Calculator, Partners with Z57MarketWatch (press release)The SmartClosing Mortgage Calculator provides instant mortgage rate shopping, APR, monthly mortgage payments, closing costs and cash-to-close estimates in a single tool. Real estate agents and mortgage lenders can also use the calculator to identify …and more »

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Mortgage Rates : Real-Time MBS Pricing, February 29, 2012 - The Mortgage Reports

Wednesday, February 29th, 2012

Mortgage Rates : Real-Time MBS Pricing, February 29, 2012The Mortgage ReportsDespite stronger than expected economic data, MBS markets held small gains until 10:00 et, when testimony from Fed Chief Bernanke caused a rapid selloff, resulting in unfavorable mortgage rate sheet changes. Fourth quarter GDP was unexpectedly revised …and more »

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Halifax could deliver shock mortgage rate hike soon for 1m SVR borrowers - This is Money

Wednesday, February 29th, 2012

The GuardianHalifax could deliver shock mortgage rate hike soon for 1m SVR borrowersThis is MoneyBy Simon Lambert Homeowners sat on Halifax standard variable rate mortgages at 3.5 per cent could be in for a rude shock, as the lender has paved the way to hike their monthly payments, an expert has warned. The mortgage lending giant has an estimated …Halifax raises mortgage concerns with cap increase on standard variable rateThe Guardianall 18 news articles »

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ClosingCorp Introduces SmartClosing Mortgage Calculator, Partners with Z57 - SunHerald.com

Wednesday, February 29th, 2012

ClosingCorp Introduces SmartClosing Mortgage Calculator, Partners with Z57SunHerald.comThe SmartClosing Mortgage Calculator provides instant mortgage rate shopping, APR, monthly mortgage payments, closing costs and cash-to-close estimates in a single tool. Real estate agents and mortgage lenders can also use the calculator to identify …and more »

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ClosingCorp Introduces SmartClosing Mortgage Calculator, Partners with Z57 - Virtual-Strategy Magazine

Wednesday, February 29th, 2012

ClosingCorp Introduces SmartClosing Mortgage Calculator, Partners with Z57Virtual-Strategy MagazineThe SmartClosing Mortgage Calculator provides instant mortgage rate shopping, APR, monthly mortgage payments, closing costs and cash-to-close estimates in a single tool. Real estate agents and mortgage lenders can also use the calculator to identify …and more »

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Rate cut cash spent on dining - Sydney Morning Herald

Wednesday, February 29th, 2012

Sydney Morning HeraldRate cut cash spent on diningSydney Morning Herald''It seems the 0.50 point mortgage rate cut in late 2011 was celebrated by eating out,'' said TD Securities economist Annette Beacher. ''Consumers are spending, but increasingly on services, not all reflected in the retail figures.and more »

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