Mine has gone down by £277 a month but I am overpaying while I can to make the most of it. First bit of good news this year! Thankss Minki I am not usually that sensible! But it feels really good to be doing something useful with the money! Does making overpayments make a significant [...]
Category Archives: mortgage news
How much has your mortgage gone done since the recent interest rate cuts?
What happens to my mortgage if Countrywide goes into bankruptcy?
I read in the news that shares fell, and company could declare bankrupcy..would my mortgage(s) be affected as far as terms/rates? I read this on latimes/cnn/thestreet.com Some other company would pick up the loan, at the rate that was agreed upon addthis_url = ‘http%3A%2F%2Fwww.ucufutsal.com%2Fmortgage-news%2Fwhat-happens-to-my-mortgage-if-countrywide-goes-into-bankruptcy’; addthis_title = ‘What+happens+to+my+mortgage+if+Countrywide+goes+into+bankruptcy%3F’; addthis_pub = ”;
Why are mortgage interest rates rising with such bad news about the economy?
The above answers are BEYOND STUPID because, based on their logic, NEW lenders who do not have loses to recoup can enter the market and clean up. They can underprice existing lenders and drive out the old players. The basic piece of knowledge that they are missing is that interest rates for a loan with [...]
So i was watching the news ealier today and they were talking about the crash in mortgage companies and how?
it could effect the U.S economy, mentioning that the value of the U.S dollar can collapse by 50% in the next few years to come if not sooner…and how some people were already investing over seas and selling their dollars….i cant remember who reported it. But i like to get some opinions on that by [...]