Posts tagged: Mortgages

Option ARM – The World’s Most Dangerous Mortgage

Home prices have reached record levels, and in many parts of the country, homes have become nearly unaffordable.Real estate has replaced the tech stocks of the late 1990’s as the hot investment, and everyone has sold their stocks and jumped into investment property.Real estate prices have increased at a far greater rate than salaries, and [...]

Monday March 15th, 2010 in , , , , , , , , , , , , , , , , , , , , | 1 Comment »

Offset Mortgages. A dream for well off homeowners.

Offset mortgages represent one of the biggest mortgage innovations seen in recent years. Six years ago there was hardly an offset mortgage to be seen. Now they and the current account mortgage, to which they are closely related, account for £10 out of every £100 of new lending.
What’s more, one of the UK ’s large [...]

Monday March 1st, 2010 in , , , , , , , , , , , , , , , , , | No Comments »

Mortgages. The Return Of The Mega-Mortgage.

With the housing market is now showing marked signs of recovery, especially in the South and London, the number of homeowners mortgaging for more than 500,00 is increasing. (Also see Latest Market Facts at the end of this article.)
Previously, prospective borrowers for these mega mortgages have experienced a mixed reception from the lenders sometimes [...]

Monday February 1st, 2010 in , , , , , , , , , , , , , , , , , , , , | No Comments »