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Mortgage Lending and Southern Mortgage News
Current News Developments
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Premier Mortgages The Latest News and Events
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- Mortgage applications jump 17% on lower rates
CNN Money - Oct 29 9:10 AMBorrowers streamed back into the mortgage market last week as loan applications jumped nearly 17%, according to a regular survey from the Mortgage Bankers Association.
- Report: U.S. planning to guarantee 3M mortgage loans
USA Today - Oct 29 1:50 PMThe government is preparing to unveil a plan as soon as Thursday guaranteeing around 3 million mortgages to troubled homeowners, sources briefed on the matter said.
- Mortgage applications bounce from 8-year low
Reuters via Yahoo! News - Oct 29 4:05 AM Demand for U.S. mortgage applications climbed last week from a nearly eight-year low, while borrowing costs dipped, a trade group said on Wednesday.
- British mortgage approvals rise nominally
UPI - 1 hour, 38 minutes ago LONDON, Oct. 29 (UPI) -- Approvals for new mortgages in Britain remain low, but rose by 1,000 above a record low set in August, the Bank of England said Wednesday.
Southern mortgage world news and mortgage lending local events.
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While we all know that you will save a bundle in interest if you choose a home loan that has a shorter duration, we also know that this can cost a lot more out of our pockets each month. This may come as a surprise but you can save about 100 thousand dollars over the course of your mortgage if you opt for a 15 year loan. This is on a 100 thousand dollar loan.
Created by a team of industry experts, this website contains pages of information regarding the mortgage lending industry, products and services subcategories. So whether you're seeking general industry background or specifics about a particular product line, Southernmortgagelending.com will deliver the most useful and relevant information every time. We're convinced you'll soon be using our website for all your mortgage lending needs.
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19:47:38
January 5, 2009
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