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News about Mortgages:
House price recovery 'could take ten years' - Times OnlineHomeowners will have to wait a decade before property prices return to 2007 levels, a leading estate agent said yesterday. Average house prices are tumbling at a rate of £78 a day and are set to fall in total by 16 per cent this year and 11 per cent ...
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Today's Mortgage Terms starting with V
VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.
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