Apr
15
Home loans to be expensive
Filed Under Home Loans | Comments Off
For those looking to buy a house or in the process of repaying a home loan, Tuesday’s repo rate and CRR hike may not be good news. Home loan will get more expensive, as most banks are certain to pass on the higher rates to their customers. NDTV learns that most banks are looking to hike home loan rates and it’s not just those planning to take a new loan should worry. Existing borrowers on floating rates will also feel the pinch.
Apr
9
ECB sees low interest rates as ‘exit strategy’ from crisis
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The European Central Bank will continue to keep interest rates low as its ‘exit strategy’ from the economic crisis, says ECB Vice President Lukas Papademos while testifying at the European parliament in Strasbourg.
Apr
5
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Apr
5
If you buy an inexpensive mobile home and then buy a piece of land separately, would you have two mortgages?
Filed Under Home Loans | 4 Comments
And is that a good idea? If we found a cheap, pretty good condition mobile home in a park and then found a nice piece of land to move it to, would that be cost effective? Would having two mortgages be bad? I know we need to get a real estate agent but in the meantime I’m just exploring options. Thx for any help.
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Apr
4
Why cant mortgage backed securities be split into their component mortgages to determine proper value?
Filed Under Home Loans | 1 Comment
If they could be split, good vs bad mortgages could be repackaged into good/bad MBS’s and sold with high and low prices, respectively.
I’m sure this occurred to someone already, why isn’t it being talked about?
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Apr
2
What does it mean when for the economy when interest rates are raised, lowered, or kept at the same rate?
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Apr
1
www.informedtrades.com The second lesson of two on interest rates, why they are so important to the stock market and to traders and investors in the stock, futures, and forex markets with an introduction to the Federal Reserve. In yesterday’s lesson we began our discussion on Monetary Policy with a look at one of its primary components, interest rates. In today’s lesson we are going to continue this discussion with another look at how interest rates affect the economy and therefore the …
Apr
1
Did George Bush create a law regarding interest rates for home loans?
Filed Under Home Loans | 3 Comments
Last I heard, George Bush passed a law regarding interest rates for home loans. Can someone explain to me?
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