Fixed-term mortgage

Our fixed-term mortgage lets you pay a fixed interest rate during the term you choose. Generally a Fixed term mortgage is offered at a lower rate than an open term mortgage. With this mortgage you also have the option of paying off any or all of the balance owing on the mortgage at any time, but with an interest penalty.

13 Mar 2013 , According to Reuters

WASHINGTON (Reuters) - A U.S. government effort to help homeowners refinance into cheaper loans gained traction last year, helped by rising home prices and changes to the program that made more borrowers eligible for relief, a report released on Wednesday showed.

 

12 Mar 2013 , According to PRWeb

Mortgage Options provider, http://www.ratestate.com, announces a new online tool allowing users to compare top home mortgage options.

Seattle, Washington (PRWEB) March 12, 2013

That the housing market has been fluctuating over the last several years is now surprise to the average homeowner. But, what may be surprising to home owners is the rise in market for those looking to sell.

 

11 Mar 2013 , According to PRWeb

The Homeowners Consumer Center is now urging all US homeowners, who pay a monthly mortgage to set up a automatic payment account with their loan servicing bank, because people who send in their mortgage payments via the US mail are at risk of having their payment lost, or stolen, and because the group has discovered some less than scrupulous loan servicing banks, or companies that may be sitting on monthly mortgage checks just long enough where the homeowner is now late on their mortgage. The group says, "We are calling it the mortgage payment late fee scam, and the only way to avoid it is to have an auto withdrawal from your checking account, that includes a record when the payment was actually withdrawn." http://HomeownersConsumerCenter.Com

 

05 Mar 2013 , According to lovemoney.com

Another week, another set of headlines screaming that the ‘lowest ever’ fixed rate mortgage has been launched.

And today’s record low mortgage rate has undercut the competition to shoot straight to the top of the best buy tables.

So what have we got this time, and is it worth getting?

 

04 Mar 2013 , According to PRWeb

Homebuyers in Ontario, Manitoba, Saskatchewan and Alberta, are eligible to receive 2.85 per cent on a five-year fixed mortgage.

Toronto, ON (PRWEB) March 04, 2013

Kanetix.ca's innovative mortgage comparison service-where people can compare and secure mortgage rates, plus get pre-approved online-is featuring a Spring Mortgage Rate Special to customers in Ontario, Manitoba, Saskatchewan and Alberta. Until April 19, 2013, qualified Canadians can secure a rate of only 2.85 per cent on a five-year fixed mortgage, with a 90-day rate hold.* This rate offer is available to mortgage shoppers seeking both conventional and high ratio mortgages.

 

03 Mar 2013 , According to

TORONTO - The Bank of Montreal is lowering its rate for a five year fixed mortgage amid concerns about a cooling housing market.

Effective immediately the rate will drop to 2.99 per cent from the current 3.09 per cent.

The other big banks could follow suit.

 

01 Mar 2013 , According to Rick Rothacker and Karen Freifeld | Reuters

(Reuters) - Bank of America Corp said in a securities filing on Thursday that the New York State Attorney General was investigating the bank over its purchase, securitization and underwriting of home loans.

The bank, the second-largest in the United States, is the third known to be targeted by the New York attorney general's office over how banks bundled mortgage loans into securities during the housing boom.

 

01 Mar 2013 , According to PRWeb

Clopton Capital, a nationwide commercial real estate finance company, is announcing the opportunity for owners and operators of retail centers and shopping centers to obtain long term fixed rate financing at low rates.

(PRWEB) March 01, 2013

Clopton Capital, a nationwide commercial real estate finance company, is announcing the opportunity for owners and operators of retail centers and shopping centers to obtain long term fixed rate financing at low rates.

 

26 Feb 2013 , According to PRWeb

Rule changes will affect borrowers who take out FHA mortgages on or after June 3.

GEORGETOWN, TEXAS (PRWEB) February 26, 2013

Georgetown Mortgage Bank released information this week to help borrowers better understand the new Federal Housing Administration loan policy changes.

As part of the FHA’s efforts to strengthen its Mutual Mortgage Insurance Fund, the FHA has revised the period for assessing the annual mortgage insurance premium. The new policy removes the mortgage insurance exemption from loans with terms of 15 years or fewer or mortgages issued with loan to value ratios of less than or equal to 78 percent.

 

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