WSJ’s Steve Moore weighs in
Duration : 0:3:24
Mortgage lenders agree to pay $25B
Dealing With Americas Mortgage Mess
Tanya Marchiol of Team Investments on the state of the housing market.
Duration : 0:5:58
Home Mortgage — Getting to Know Your Taxes
Learn about the 2 kinds of mortgage debt, points, and mortgage insurance premiums (PMI). Brought to you by The Tax Institute.
Duration : 0:2:22
Delaware Mortgage Rate Update January 16 2012.mp4
http://www.DelawareMortgageLoans.net – Delaware Mortgage Rate update for week of January 16, 2012. John R. Thomas with Primary Residential Mortgage provides mortgage rate and market update. Call 302-703-0727 to for a free mortgage planning consultation.
Duration : 0:3:42
Debt and Mortgages
Mark Carney is voicing concerns about household debt. So why keep interest rates so low? And what about all those tempting low mortgage rates? Should Canadians be taking advantage of them? Havard Gould and Amanda Lang explain.
Duration : 0:3:28
Blitz Says Tighter Mortgage Lending Is Hurting Housing
Jan. 20 (Bloomberg) — Steven Blitz, an economist at ITG Investment Research, Daniel Alpert, managing director at Westwood Capital LLC, and Stephen Wood, chief market strategist at Russell Investments, talk about the U.S. housing market, increased lending standards at banks and the European sovereign debt crisis.
They speak with Pimm Fox on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)
Duration : 0:15:50
Big banks drop fixed mortgage rates
Several of Canada’s big banks are dropping their fixed mortgages to record-low levels – less than three per cent. Francis Silvaggio reports.
Duration : 0:2:34
Mortgage Minute: ARM
http://www.kw.com
An Adjustable Rate Mortgage may offer a lower initial interest rate and monthly payments than a conventional fixed rate mortgage.
After an initial term, the interest rate on an adjustable-rate mortgage loan is re-set periodically to keep the rate in line with current market interest rates. For example, a 3/1 ARM loan offers a fixed rate for the first three years. The interest rate adjusts once a year thereafter. 5/1, 7/1 or 10/1 ARM loans offer a fixed rate for the first five, seven or ten years respectively, adjusting yearly thereafter. The lender sets the adjustable interest rate by adding a fixed percentage to an index rate. When the interest rate goes up, your monthly payment also increases.
Most ARM loans have a periodic rate cap and lifetime cap to limit the amount the interest rate can increase each adjustment period and over the term of the loan.
If your start rate is less than the fully indexed rate your interest rate and monthly payment may increase significantly at the first adjustment — even if the Index does not change. And, your interest rate and monthly payment will increase even more if the Index rises.
Discuss with your mortgage professional how an adjustable rate mortgage may be the solution to your financing needs.
For more information, please contact a Citi Mortgage Consultant at 1-877-693-0217.
Duration : 0:1:49
Mortgage meltdown hurts local senior citizens
Mortgage meltdown hurts local senior citizensPros and cons of U.S. mortgage relief: economist Sargent
Jan. 11 – There are pros and cons to providing a big mortgage relief program to stimulate recovery in the U.S., says economist and Nobel laureate Thomas Sargent.
Duration : 0:1:35