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Latest News:

Nottingham Evening Post - Fixed-rate loans back in favour
August 19, 2010 -- NEARLY half of all new borrowers took out a fixed-rate mortgage in June as lenders brought prices down. The Council of Mortgage...

Reverse mortgage is expensive form of borrowing
Q: I just checked on a reverse mortgage. I am 63, own my home and have no immediate family. My home is worth about $137,000. I have an outstanding home-equity loan for $10,500. The bank appraised my home at $125,000, because I have the outstanding equity loan. The interest rate is currently 5.49 percent with a mortgage insurance rate of 0...

Yorkshire Post (Leeds, England) - Fixed rate mortgages soaring among borrowers
August 13, 2010 -- The Council of Mortgage Lenders (CML) found 48 per cent of all new borrowers opted for a fixed rate home loan a the highest proportion seen so...

Sunday Star - Times; Wellington, New Zealand - Beware pitfalls of equity release schemes
August 29, 2010 -- EXPENSIVE AND controversial equity release loans, such as ASB's new Home Plus, convert borrowers' homes into lenders' castles. ...

Cheaper Reverse Mortgages May Be Coming
New federal loan, if adopted, would eliminate up-front insurance payment but lower homeowner proceeds...

Refinancings Soar as Mortgage Rates Remain Low
RISMEDIA, September 3, 2010EUR”(MCT)EUR”For anyone under the age of 57, mortgage rates are now the lowest theyve been during your life. This fact isnt lost on a growing number of homeowners who have started a new wave of refinancings. EUR¦..

PR Newswire - HUD Shares Plans for New Reverse Mortgage Option
August 27, 2010 -- Lower Upfront Costs to Be Key Feature of New Version of FHA Home Equity Conversion Mortgage WASHINGTON, Aug. 27...

Daily Post; Liverpool (UK) - Mortgage rate fall
August 12, 2010 -- NEARLY half of all new borrowers took out a fixed-rate mortgage in June as lenders brought prices down, according to research. The...

Labor Day: Job seekers want answers
Labor Day: Job seekers want answers..

How a Reverse Mortgage Works, What it is and How to Use One
Most people understand how a mortgage works. You apply for a loan that helps you purchase a home or refinance a current loan...

PBS 39 Tempo EUR Show 452 EUR Seg 1 EUR Reverse Mortgage | raestate
reverse home mortgage A look at Reverse Mortgages Reporter/Producer: Nicole Brewer...

FHA Raises Annual Premiums Charged to Reverse Mortgage Borrowers
The Department of Housing and Urban Development announced new changes to the mortgage insurance premiums for the Federal Housing Administration's reverse mortgage program on Wednesday...