Category Archives: home loans

Union Bank of India reduces its Home Loan Rates

On 22nd March 2012, Union Bank of India, has reduced its rates on home loans as well as loans for Small and Medium Enterprises (SME). This will be effective in April. The Chairman and Managing Director M V Nair claimed … Continue reading

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EPF Home Loan scheme in Malaysia

According to the Federal Territories Foundation, the plan by Putrajaya to lend an initial RM300 million to the unqualified homeowners from the Employees Provident Fund will be signed in May 2012. This foundation is launching a SPV (Special Purpose Vehicle) … Continue reading

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Essential things to keep in mind for Home Equity Loans

It is interesting to note that the home equity loan can be taken against the equity in a property which in turn is calculated according to the current market value. Also when there is a hike in the market value … Continue reading

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Until 2013,get inexpensive home loans

Nationwide, which is largest building society of Britain and lends loans to 1.2 million home buyers ,has claimed that it has lent 48 percent more mortgage loans as the base rate was just 0.5 percent from last 32 months. Now … Continue reading

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New American Funding’s new product launched

National Leader in Residential Mortgage Banking-New American Funding in Orange Country,CA has started a new division for wholesale lending named as Performance Home Loans.This is basically done to cater the Mortgage Brokers in the nation. The main reason for launching … Continue reading

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ABSA Bank Introduces Mobile Application to Facilitate Branchless Banking

ABSA Bank has launched a mobile application that would enable its customers from remote areas to open accounts without having to visit the branches of the bank. This particular application is powered by Android technology and will thus be available … Continue reading

Posted in ABSA Bank, home loans | 10 Comments

Home Loan Assistance Deadline

Have you recently become unemployed and finding it extremely difficult to keep up with your mortgage payments? In case your answer is in the affirmative, you will be pleased to know that the Federal government has been able to design … Continue reading

Posted in home loans, mortgages | 15 Comments

Make an Intelligent move to lower your EMI : Home Loan Refinancing

Are you really worried with the rising Interest rates on home loans? In fact particularly all individuals who have opted for floating interest rates are really distressed with the increasing interest rates. Understandably, most of them are disconcerted by the … Continue reading

Posted in EMI, Home loan refinancing, home loans, Interest rates | 3 Comments

Don’t Get Worried with the Home Loans Myths

Recent hike in home loans rates by various banks has again aroused a burning discussion among the home loans borrowers regarding the home loan EMI’s.While higher EMIs are a cause for consternation for borrowers, there could be relief in the … Continue reading

Posted in home loan myth, home loans, homeloans rates | 2 Comments

Greatest slump in Mortgage Rates of year so far

On Friday, Fixed mortgage rates have fallen to their lowest levels of the year, giving Americans more incentive to invest in real estate . The average rate on 30-year loan fell from 4.71 to to 4.63% . and similarly for … Continue reading

Posted in home foreclosure, home loans, mortgages, real estate | 7 Comments