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Today's Mortgage Terms starting with V

VA Loans:

Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.

Variable Rate:

Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.

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Pike mortgage rates news:
Financial News
U.S. Initial Jobless Claims Fell 20,000 to 478,000 Last Week - Bloomberg
Oct. 9 (Bloomberg) -- Fewer Americans filed first-time applications for unemployment benefits last week as job losses related to the Gulf Coast hurricanes subsided. Initial jobless claims declined by 20,000 to 478,000 in the week that ended Oct. 4 ...

HOUSING: FORECLOSURE WOES RISE Nevada still tops nation in ... - Las Vegas Review Journal
Foreclosures have nearly tripled in Clark County through September, and the number coming down the pike is growing, a California-based online foreclosure source reported. Foreclosures.com counted 3,563 real estate-owned properties in Clark County ...

Bailouts Don't Address the Real Problem - Voiceof San Diego
Every pundit on Earth is playing the game of picking the various bailouts apart and proposing their own improved bailout schemes. But I think that most of the conversations going on out there miss a critical point: that this bailout and the ones that ...

Hurricane fund crisis could put homeowners at risk - Herald Tribune
When Florida lawmakers expanded the state's hurricane fund in 2007 to force lower premiums, they tied the ability to deliver billions in insurance coverage to something as volatile as tropical storms: Wall Street. To pay for storm damage, the ...

Is Florida in danger of going bankrupt? - Gainesville Sun
When Florida lawmakers expanded the state’s hurricane fund in 2007 to force lower premiums, they tied the ability to deliver billions in insurance coverage to something as volatile as tropical storms: Wall Street. To pay for storm damage, the ...

Wall Street tumbles amid global sell-off - Evansville Courier-Press
NEW YORK — Wall Street suffered through another extraordinary and traumatic session Monday, with the Dow Jones industrials plunging as much as 800 points — their largest one-day point drop — before recovering to close with a loss of 370. The ...

Meet Neel Kashkari: The Man With the $700 Billion Wallet - Wall Street Journal
A Goldman Sachs Group alumnus in charge of the nation’s economic rescue? How unusual . Except, of course, it isn’t. As The Wall Street Journal’s Deborah Solomon reported today , Treasury Secretary Hank Paulson is promoting Neel Kashkari, the ...

October September August July June May April March February January ... - Nypress.com
The hair bands of yesterday—Motley Crue, Poison, Whitesnake—ain’t got nothing on the biblically voluminous locks of Devendra Banhart and his posse of fabulously furry freak brothers, aka Spiritual Bonerz (at least for Thursday night's ...

Mortgage rates drop nearly half a point after government takeover of ... - Cleveland Plain Dealer Blog
Mortgage rates took the biggest one-week plunge in more than 25 years, and the drop below 6 percent could help home buyers and people who want to refinance. The average 30-year rate dropped to 5.93 percent fixed, mortgage giant Freddie Mac said today ...

Takeover of Freddie Mac and Fannie Mae could improve local real estate ... - TradingMarkets.com
"For us, it has a shortterm benefit in the real estate market," said Mike Chesser, attorney and board certifi ed real estate specialist. One benefit from the takeover will be seen through lower interest rates for mortgages, according to James Baker ...

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