Mortgage Industry News
It’s bad enough mortgage rates are over 7% – now it’s harder to qualify for a home loan
Source: CNBC --- It’s a double whammy for would-be homebuyers. Not only are interest rates soaring, it’s getting harder to qualify for a loan. The average rate on the popular 30-year fixed mortgage climbed over 7% at the end of last week, according to Mortgage News...
Hedge Fund Investor Who Called Housing Crash Eyes Venezuela Debt
Source: Yahoo Finance --- A hedge fund manager who correctly timed the crash of the US housing market and a crypto currency rally eight years ago thinks he’s found his next overlooked investment: Venezuelan debt. Bonds the country defaulted on nearly five years ago...
Pregnant Women Are Being Denied Mortgages Due To Change In Earnings
Source: Refinery 29 --- Pregnant women and new mothers who apply for mortgages with some of the UK’s biggest lenders are being declined because taking time out from work will cause a temporary drop in earnings, Refinery29 has learned. Thirty-two-year-old Isabelle...
I want to refinance my mortgage, but I’m about to turn 70. Is it wise to refinance at my time of life?
Source: Market Watch --- Dear MarketWatch, I hope you can help me figure this out. I am 69 years old and will turn 70 at the end of the month. I’ve been offered a cash out refinance loan and need to decide whether to take a 15- or 30-year loan. My monthly obligation...
How to take a green approach to your finances
Source: Independant.ie --- Doing your bit for the environment could save you thousands on your loan or mortgage and knock a few bob off your insurance, while investing in ‘green’ companies could reap you handsome profits – if you invest wisely. Of course, financial...
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Recent Posts
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