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Rise in 1st-time UK homebuyers
http://the-japan-news.com/news/article/0000969954
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
http://www.nogalesinternational.com/news/ag-wants-to-spread-word-about-mortgage-assistance/article_90ddf062-82b3-11e3-bab3-001a4bcf887a.html
“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
http://www.creditunionsonline.com/news/2014/home-equity-loans-regain-popularity-as-home-values-rise.html
“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
http://www.journalgazette.net/article/20140119/BIZ/301199959/1031
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.

ILLINOIS HOUSING DEVELOPMENT AUTHORITY: Announces Additional $2500 Closing Cost Grant to be Used with Existing Programs

"Across Illinois, homes sales have been on the decline for the past twelve months and the Illinois Housing Development Authority is seeking to end that by making homeownership more accessible and affordable for credit-worthy households," said Tara Pavlik, Managing Director of IHDA's Homeownership Programs. "This additional $2,500 grant will provide homebuyers with the closing costs necessary to achieve the American Dream of owning a home."

As rents and home prices continue to rise and student loans make it difficult to save, potential homebuyers consistently point to an inability to afford the down payment as their primary obstacle to homeownership. Expanding opportunities for homeownership is vital to the health of Illinois' overall economy. In FY2018, IHDA was able to help 5,500 people buy a home through two DPA programs:

1stHome Mortgage: Financed through the federal Hardest Hit Fund Program, 1stHomeIllinois provides first-time homebuyers (veterans excluded) in four targeted counties $7,500 in down payment assistance. Down Payment Assistance loans are in the form of a 5-year, forgivable 2nd mortgage, and are given in conjunction with an IHDA 1st mortgage loan product. The assistance incentivizes home buying in distressed areas across Cook, Marion, St. Clair and Winnebago counties, which helps to stabilize housing markets and prevent future foreclosures.

F3Logic LLC Invests $5.14 Million in Invesco Mortgage Capital Inc (NYSE:IVR)

F3Logic LLC bought a new position in shares of Invesco Mortgage Capital Inc (NYSE:IVR) in the second quarter, according to the company in its most recent filing with the SEC. The firm bought 318,646 shares of the real estate investment trust’s stock, valued at approximately $5,137,000. Invesco Mortgage Capital makes up approximately 1.0% of F3Logic LLC’s investment portfolio, making the stock its 19th biggest position. F3Logic LLC owned approximately 0.25% of Invesco Mortgage Capital at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IVR. Horan Securities Inc. acquired a new stake in Invesco Mortgage Capital in the 2nd quarter valued at about $30,000. Osborn Williams & Donohoe LLC acquired a new stake in Invesco Mortgage Capital in the 1st quarter valued at about $31,000. NEXT Financial Group Inc acquired a new stake in Invesco Mortgage Capital in the 2nd quarter valued at about $36,000. Victory Capital Management Inc. acquired a new stake in Invesco Mortgage Capital in the 1st quarter valued at about $43,000. Finally, Parallel Advisors LLC increased its position in Invesco Mortgage Capital by 1,495.0% in the 1st quarter. Parallel Advisors LLC now owns 3,525 shares of the real estate investment trust’s stock valued at $56,000 after acquiring an additional 3,304 shares in the last quarter. Institutional investors and hedge funds own 69.99% of the company’s stock.

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.

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