Home Equity Lenders with the Best Equity Loan Rates & MoreSmart Home Equity Lender posts the current home equity loan rates daily and publishes emerging home equity news for home improvement financing & cash refinancing loans
Apply for InformationCheck Mortgage RatesBlogrollFHA Mortgage LendersSecond Mortgage LoansSmart Home Equity PagesPagesCategoriesRecent PostsRecent CommentsArchives
|
||||||||||||||||||||||||||||||||||||||||||||||||||
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « Dec | ||||||
| 1 | 2 | 3 | 4 | 5 | ||
| 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| 13 | 14 | 15 | 16 | 17 | 18 | 19 |
| 20 | 21 | 22 | 23 | 24 | 25 | 26 |
| 27 | 28 | 29 | ||||
Debt ReliefRob Chrisman wrote an interesting article in the Mortgage News Daily today that challenged the Federal government mortgage programs to implement a “rapid home refinance” program across the board for Fannie Mae, Freddie Mac, Ginne Mae and FHA. Home refinance appliucations have stalled in recent weeks even as mortgage interest rates break records for all-time lows. [...]
Record low home equity rates apparently have not gotten the attention of homeowners nationally. According to Arthur Nourian, finance writer for the Home Equity News Source, “Home equity lenders have made it difficult for the average homeowner to qualify for an open end home equity line of credit or a fixed rate second mortgage, because [...]
Typically in summer home equity loan application levels rise as homeowners like to get access to cash for financing home improvements and vacations. In 2010 circumstances for these once popular second mortgage programs have changed. Home equity loan guidelines have tightened so borrowers need more equity and higher credit scores to qualify. According to Sean Dawson a [...]
The mortgage industry was starting to enjoy the rising demand of loan applications as mortgage refinancing activity had seen a nice streak for rising refinance applications. The Mortgage Bankers Association yesterday released its Weekly mortgage application survey for the week ending June 4, 2010. The MBA application survey covers over 50% of all US residential [...]
It was another volatile day for the stock market so mortgage and home equity interest rates were all over the map. The interest rates went up and down like a roller coaster for most of the day. The market madness caused most home equity lenders to reprice for the worse, but later in the day, it allowed [...]
For over two years home values plummeted to 2002 levels as most Americans lost their home equity. The Federal Reserve took significant measures in 2009 to restore the housing sector with historic low mortgage rates that spurred mortgage refinance activity once again. Now, housing markets within the country are showing the first signs of stabilizing. The [...]
The use of second mortgage liens grew during the housing boom as homeowners extended themselves with home equity loans to consolidate debt and finance as much as 100% of the original purchase price. Administration officials estimate that modifying home equity loans could help as many as 1.5 million homeowners. An Obama official said that “by bringing the 1st and 2nd [...]
Last week, the Federal Reserve announced they would issuing a new proposal this week under its Truth in Lending Authority that would provide for re-designed disclosures and rule changes for closed-end first and second mortgages and home equity lines of credit (HELOCs), Fed Governor Elizabeth Duke wrote in prepared comments for her testimony scheduled this [...]
The Obama administration has projected that 4 million to 5 million borrowers with home loans they can’t afford would be helped. A Treasury official Tuesday said that the figure applied to those who would be eligible, not necessarily those who would participate. Administration officials do not have an updated figure of how many people would [...]
Certain lending banks are advertising 5.5% fixed, 30-year FHA mortgage rates, Quinn says, but obtaining one may be a little like trying to secure an invitation to dine with the Queen of England. Requirements: a mortgage of $417,000 or less; 20% down; a FICO score of at least 730-750 out of 850; a low debt/income [...]
While most real estate evaluators would agree that Obama’s mortgage rescue plan is likely to slow foreclosures for many homeowners, some home financing experts question how much it can help in a high cost regions such as San Diego where home values have fallen so sharply. For example, the rescue plan offers much-needed refinancing to [...]