Keyword: loans

Home Loan Rates Match and Break Record Lows

Home Loan Rates Match and Break Record Lows

Dropping rates It is reported today that last week’s 30-year mortgage rates dropped to 4.78%, matching the record low which was set in April while the 15-year home loan rate fell to 4.29%, its lowest rate since Freddie Mac began recording data. “Interest rates for 30-year fixed-rate loans are currently 0.8 percentage points below this year’s peak set in mid-June, ...

Lani Rosales | 2009/11/26  | 9 Comments Economy

Virgin Money Between Relatives

Virgin Money Between Relatives

Image: Oshendoschen It’s Simple The concept is simple. Aunt Sarah has a lot of money and is willing to lend you some to purchase your home. Virgin Money helps you and Aunt Sarah formalize the deal. This includes servicing the payments, managing the escrow and all the stuff a traditional mortgage servicing company would do. In fact, as Virgin explains ...

Shailesh Ghimire | 2008/06/17  | 7 Comments Economy

Home Loan Rates Match and Break Record Lows

Home Loan Rates Match and Break Record Lows

Dropping rates It is reported today that last week’s 30-year mortgage rates dropped to 4.78%, matching the record low which was set in April while the 15-year home loan rate fell to 4.29%, its lowest rate since Freddie Mac began recording data. “Interest rates for 30-year fixed-rate loans are currently 0.8 percentage points below this year’s peak set in mid-June, ...

Lani Rosales | 2009/11/26  | 9 Comments Economy

Virgin Money Between Relatives

Virgin Money Between Relatives

Image: Oshendoschen It’s Simple The concept is simple. Aunt Sarah has a lot of money and is willing to lend you some to purchase your home. Virgin Money helps you and Aunt Sarah formalize the deal. This includes servicing the payments, managing the escrow and all the stuff a traditional mortgage servicing company would do. In fact, as Virgin explains ...

Shailesh Ghimire | 2008/06/17  | 7 Comments Economy