Author Archives: ipgocorp

Business Briefs: Mortgage rates fall to new low

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Business Briefs: Mortgage rates fall to new low
Average U.S. rates on fixed mortgages fell to fresh record lows this week, a trend that has helped the housing market start to recover this year. Mortgage buyer Freddie Mac says that the average rate on the 30-year loan dipped to 3.34 percent, the …
Read more on Chattanooga Times Free Press

Tighter mortgage rules threaten economy's recovery
Other findings show one-third of borrowers made additional or accelerated payments on their mortgage while 87% of homeowners have at least 25% equity in their homes. Lower rates have been excellent for Canadians too. Of the respondents who renewed in …
Read more on National Post

Lastest Bridge Loans News

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Industry responds to Dragonfly's 'Bridge-to-Let'
The combination of Dragonfly's two loan products means that customers can obtain a flexible seven-month bridge with a built-in “safety net”, which gives them the assurance of a guaranteed two or three month buy-to-let loan to take out the initial bridge.
Read more on Bridging and Commerical

CGG takes out bridge loan with CB
CGGVeritas, the French seismic surveying firm, sold a €315m-€360m convertible bond on Tuesday in a deal to take out part of a €700m bridge loan that it place in place in September to fund an acquisition. .. The rest of this article is available to …
Read more on Euroweek.com (registration)

Two Ways To Knock $50000 Or More Off Your Mortgage Interest

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Two Ways To Knock 000 Or More Off Your Mortgage Interest
But even considering that we're seeing the best mortgage rates in history right now, financing the buy of a home is a financial obligation that can place a fantastic deal of strain on family budgets. But, because mortgages are such large and long …
Read more on Business Insider

Today's Mortgage Rates for Wednesday, November 14, 2012
For the second consecutive day mortgage backed securities are selling off, pressuring mortgage rates in an upward direction. The moves we are seeing now most likely amount to noise rather than the beginning of a trend. Mortgage rates have been …
Read more on Mortgage Rates & Trends (blog)

Low mortgage rates continue
Frank E. Nothaft, Freddie Mac vice president and chief economist, cited October's employment numbers as a reason why mortgage rates remained at near record lows. “The economy added 171,000 jobs, above the market consensus forecast, and the two …
Read more on Washington Post (blog)