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News about Mortgages:
Family budgets' squeeze being felt on child care, too - Rockford Register-StarCaroline Fargas feels fortunate to have a new job after being downsized out of her former real estate position in Belvidere. She still has enough money to pay the mortgage on her family’s home. She still has insurance to cover an emergency doctor ...
Down payment assistance still available for many - Rockford Register-StarOne hundred percent financing isn’t entirely dead, according to local homebuilder Joe Contarino. You just have to look in different areas. Contarino, who owns Contry Homes, has been referring buyers in such rural subdivisions as Davis Junction and ...
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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