With mortgage rates at an all-time low, U.S. home sales have risen to a 14-year high. Now, some existing homeowners are racing to take advantage of the super-low rates too, resulting in a 200% rise in refinancing applications this year. As such, mortgage lenders have faced a hectic schedule at a time of increased business,
Mortgage Risk Assessment – Will Technology Prevent Another Mortgage Crisis?
July 11, 2012 by
Call me old-fashioned, stick in the mud, whatever euphemism you care to throw at me, but I’m uneasy about the fact that computer logic affects my ability to obtain lender financing.
There’s No Time Like The Present!
May 22, 2012 by
The moribund real estate market in the US took half a decade but finally it is showing marked signs of recovery. Are you now thinking of making a move on a particular real estate property, now that prices appear to have leveled off?
HSBC Helps Homeowners in Dubai
June 10, 2011 by
HSBC is set to help home-buyers in Dubai, one of the hardest hit real estate markets in the world, as property prices here have plunged by more than 60% from their peak. The bank has reduced interest rates on 25 year mortgage by 76 basis points to 5.49% and has also eased up on LTV
