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Rise in 1st-time UK homebuyers
Bloomberg LONDON (Bloomberg)—The number of U.K. first-time homebuyers climbed to the highest in more than six years in December as the economy improved and people took advantage of the government's Help-to-Buy mortgage program, LSL Property 

AG wants to spread word about mortgage assistance
“We wanted to raise awareness and encourage people to take advantage of these funds,” Horne said. Palmer stressed one of the issues brought up during the meeting held at the Cochise College building was that realtors may not be The latter is a

Home Equity Loans Regain Popularity as Home Values Rise
“Gains in vehicle loans and fixed-rate 1st mortgages accounted for 87% of the $41 billion annual gain. Expect annual gains to average 7.0% through 2016 with a balance of consumer and real estate secured lending.” While the Stefani Moore, manager of

New bank grabbing talent
Indiana-based 1st Source, Lake City and Salin banks will also be in the hunt for new customers. And don't forget STAR and iAB Financial banks – both are based in Fort Wayne. That hometown tie was Tower's strongest selling point. But First Financial and

1st Advantage Mortgage - Rates 06-30-2008

Paul Lueken discusses the direction rates are heading over the summer and beyond.

News From NAMB: February 22, 2018

When comes down to it, there really are only two plans for Fannie and Freddie that have life.  First, we have the Corker/Warner/MBA plan .  That simply breaks down the government-guaranteed mortgage market into a group of smaller issuers who would get a guarantee.  The other plan, the Moelis plan , allows the GSEs to rebuild capital with a much larger capital reserve requirement to protect tax payers.  It would also require improved management policies.  You could say there is a third, that Jeb Hensarling favors, and that is getting the government out of the mortgage guarantee business.  Hensarling has been unable to get traction on that and he is leaving Congress.  This brings us to the question, “Can a bunch of smaller entities operate more efficiently and safely than the two larger ones?”  Based on the consolidation we see every day in the mortgage business, many say “No.”  That leaves us with Fannie and Freddie, which appears to be the current stalemate position.

Southern California home prices jump 11.4% amid tight listings

Last year’s sizzling housing market spilled into January, with home prices rising at the fastest pace in 3½ years, new CoreLogic figures show.

The median price of a Southern California home — or the price at the midpoint of all sales — was $507,000 last month, just $2,500 shy of the all-time high reached in December, the Irvine-based real estate data firm reported Tuesday, Feb. 27.

That’s up 11.4 percent from the January 2017 median, the highest appreciation rate since May 2014. By comparison, the average price gain over the past two years was 6.7 percent.

But home sales slumped last month, falling 23 percent from December and 1.5 percent year over year.

“The median’s double-digit annual gain last month mainly reflects the ongoing mismatch between housing supply and demand, especially in the lower price ranges,” observed Andrew LePage, CoreLogic’s research analyst.

“It’s still a seller’s market,” added Richard Vu, an agent with Your 1st Realty in Garden Grove, who has been forced to seek buyers and sellers in both Los Angeles and Orange counties. “Price continues to go up. Inventory’s still low. Buyers still are having a hard time getting (an offer) accepted.”

Is there an advantage to paying my mortgage payment on the 1st instead of the 10th of the month?

I currently pay my mortgage payment on about the 10th of the month> I'm wondering if I am paying any more interest by not paying it on the 1st when the bank says it is due, but not late.

Yes you are paying more interest when you pay it late. The principle is not decreasing until the 10th. So interest is being charged on that full amount from the 1st to the 10th. пошаговая инструкция по ликвидации ооо.