Using Personal and Home Loans to Finance Your Small Business (AllBusiness via Yahoo! Finance)
Borrowing against home equity has become a popular source of credit, especially for small business owners. To accommodate the demand, lenders are offering home equity credit lines in a variety of ways....more...``Will Consumer Spending Increase as Mortgage Rates Continue to Fall?'' asks Informa Research Services (Business Wire via Yahoo! Finance)
CALABASAS, Calif.----The Federal Reserve continued to hold interest rates steady for the seventh straight consecutive time since June of 2006, remaining unchanged at 5.25%. The Fed's decision means that the prime interest rate that commercial banks charge consumers for credit cards, home equity lines of credit, and other loans will remain steady as well ....more... The Home Buying Process: Step by Step (Kewanee Star Courier)
(ARA) - Buying a home can be a very intimidating process, especially if you've never done it before. So the first thing you should do before you start is to figure out whether owning a home is right for you....more... Fitch Takes Various Actions on 9 Credit Suisse First Boston (CSFB) Home Equity Mtge Trans (Business Wire via Yahoo! Finance)
NEW YORK----Fitch Ratings has taken rating actions on the following CSFB Home Equity mortgage trusts:...more... Fixed-Rate Jumbo Reverse Mortgage Introduced for High Value Homes (Senior Journal)
May 16, 2007 ? A new reverse mortgage product, Prime Advantage, has been designed to suit the needs of older Americans with higher-value homes who want access to more cash than a traditional reverse mortgage provides and the added financial certainty of a fixed interest rate for the life of the loan, according to BNY Mortgage....more... ``When is the Right Time to Refinance Your Home Mortgage?'' from Informa Research Services (Business Wire via Yahoo! Finance)
CALABASAS, Calif.----While fixed mortgage interest rates have been holding relatively steady for the past year -- averaging 6.38% APR, slightly down .38% from a year ago -- some homeowners with higher adjustable rates are finding that now is a good time to refinance their mortgages....more... Fitch Ratings Affirms 19 RMBS Classes From 2 Ameriquest Issues (Business Wire via Yahoo! Finance)
NEW YORK----Fitch Ratings has affirmed the following Ameriquest Mortgage Securities Inc. home equity issues:...more... Cerberus Adds Cars to Loans, Rentals With Chrysler (Update1) (Bloomberg.com)
May 15 (Bloomberg) -- Cerberus Capital Management LP, the private equity firm buying the Chrysler unit of DaimlerChrysler AG, is assembling one of world's biggest automotive companies....more... BNY Mortgage Offers First Fixed-Rate Jumbo Reverse Mortgage (PR Newswire via Yahoo! Finance)
BNY Mortgage, an EverBank Company, is now helping homeowners age 62 and older with higher-value homes achieve greater financial security and peace of mind with the introduction of Prime Advantage, the first fixed-rate jumbo reverse mortgage....more... |