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News about Mortgages:
SCANDAL OF BANKS BAILED OUT BY TAXPAYER REFUSING TO OFFER CHEAP MORTGAGES - UK ExpressSCANDAL OF BANKS BAILED OUT BY TAXPAYER REFUSING TO OFFER CHEAP MORTGAGESUK ExpressDespite the official cost of borrowing at a record low for the past year, nationalised lenders like Halifax, Cheltenham & Gloucester and Northern Rock are ...Mortgages: Bailed-out banks more expensiveCreditChoices.co.ukState-funded banks charge higher mortgage ratesFinancial TimesState-backed banks not passing competitive rates to taxpayerMoney MarketingThe Press Association -Independent -Mortgage Solutionsall 28 news articles »
U.K. house prices fell 1.5% in Feb.: Halifax - MarketWatchThe GuardianU.K. house prices fell 1.5% in Feb.: HalifaxMarketWatchLONDON (MarketWatch) -- British house prices fell 1.5% on average in February, ending seven consecutive months of price rises, mortgage lender Halifax ...House Prices Fall In FebruaryNew York TimesUK house prices see first fall since June, says HalifaxBBC NewsUK House Prices Drop 1.5% in the First Drop for Eight MonthsBusinessWeekFinancial Times -Telegraph.co.uk -CreditChoices.co.ukall 167 news articles »
Still good mortgage deals to be had, says expert - Safestore.co.ukStill good mortgage deals to be had, says expertSafestore.co.ukAccording to Halifax, house prices fell by 1.5 per cent in February but were almost five per cent higher on an annual basis. People looking to move house ...House price predictions 'difficult'Net Lettings Property NewsAre we facing a second house price crash?MSN Money UKFall in House PriceseYugoslavia.comStuff.co.nzall 21 news articles »
TMW launches guarantor mortgage range - Money MarketingTMW launches guarantor mortgage rangeMoney MarketingThe move follows Halifax's recent decision to stop offering guarantor mortgages through brokers, instead focusing on a different first time-buyer product, ...TMW launches new range of guarantor productsMortgage SolutionsMortgage Works launches new guarantor productsMortgage.org.ukTMW launches guarantor mortgagesMortgage StrategyMortgage Introducer -MyFinances.co.uk -FT Adviserall 8 news articles »
Four ways to improve the return on your savings - MoneyWeekFour ways to improve the return on your savingsMoneyWeekThe Halifax's Extra Income Saver account is paying a mere 0.13% on up to £10000 at 60-days notice, according to the FT. It's a classic example of a ...and more »
February Housing Starts in Halifax - CNW Group (press release)February Housing Starts in HalifaxCNW Group (press release)HALIFAX, March 8 /CNW/ - New residential construction in Halifax increased last month compared to February 2009. According to Canada Mortgage and Housing ...and more »
Lowest ever bank base rate celebrates milestone - The Northern EchoThe GuardianLowest ever bank base rate celebrates milestoneThe Northern EchoMarco Hughes, Post Office's personal lending director, says: “If you're thinking about switching your mortgage, now is the best time to do it, before rates ...The upside of having a mortgage in retirementTelegraph.co.ukFixed rate mortgages offer safer alternative for homeownersLiverpool Daily Postall 68 news articles »
Bovis edges into profit after provision reversal - MarketWatchBovis edges into profit after provision reversalMarketWatchThe announcement came mortgage lender Halifax last Thursday issued data that showed British house prices fell 1.5% on average in February, ending seven ...Bovis Homes FY Results In Line With TargetsNew York TimesBovis buying land as prices stabliseTelegraph.co.ukBovis swings back into profitProperty Week Newsall 40 news articles »
Reduced competition in the Irish banking sector following the withdrawal of ... - Irish TimesReduced competition in the Irish banking sector following the withdrawal of ...Irish Times... banks operating in the Irish market were insisting that consumers who switched their mortgages from Halifax also moved all their accounts to the bank. ...and more »
'Bank of Gordon' accounts for less than one in six mortgages - MyIntroducer.com'Bank of Gordon' accounts for less than one in six mortgagesMyIntroducer.comThe closest Lloyds Banking Group comes to offering a best-buy mortgage is with its Halifax 2 year tracker product, which would cost borrowers on average ...

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Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
View all Terms |