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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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Scott refinance mortgage news:
Financial News
Meltdown far from over, new mortgage crisis looms - Kane County Chronicle
WASHINGTON — The full scope of the housing meltdown isn’t clear and already there are ominous signs of a new crisis — one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in ...

Fed Aid Sets Off a Rush to Refinance - Wall Street Journal
The Federal Reserve's attempt to stabilize the housing market set off a chain reaction across the U.S. on Tuesday, dropping interest rates and quickly spurring a burst of refinancing activity by borrowers eager to lower their mortgage costs. Some ...

Malls are next to face foreclosure - Herald Tribune
WASHINGTON - The full scope of the housing meltdown is not clear, and already there are ominous signs of a new crisis -- one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in ...

New mortgage crisis: commercial properties - San Francisco Gate
Thursday, November 27, 2008 (11-27) 04:00 PST Washington -- The full scope of the housing meltdown isn't clear, and already there are ominous signs of a new crisis - one that could turn out the lights on malls, hotels and storefronts nationwide. Even ...

Meltdown not over, new US mortgage crisis looms - Boston Herald
W ASHINGTON - The full scope of the U.S. housing meltdown isn’t clear and already there are ominous signs of a new crisis — one that could turn out the lights on malls, hotels and storefronts across the country. Even as the holiday shopping ...

Residential Finance Corp. Employees Participate in Thanksgiving Food ... - Businesswire.com
Team Spirit Helps Columbus-Based Mortgage Refinance Lender Raise Thousands to Help Area Foodbank Provide 5,000 Local Families with Hearty Thanksgiving Meal COLUMBUS, Ohio--( BUSINESS WIRE )--Employees at one Columbus company have made an all-out ...

Next mortgage crisis involves commercial properties - Canton Repository
WASHINGTON The full scope of the housing meltdown isn't clear and already there are ominous signs of a new crisis — one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in full ...

Mortgage crisis' next stage looms Owners of malls, hotels about to ... - FortWayne.com
WASHINGTON — The full scope of the housing meltdown isn’t clear and already there are ominous signs of a new crisis — one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in ...

Mortgage crisis could drag down malls - Raleigh News & Observer
* A development company takes out a mortgage on a new mall, for a term as short as five years, with a big payment scheduled at the end. * The mall fills with stores, and the developer uses some of the rent they pay to make its own mortgage payments ...

Newest Mortgage Crisis Victims: Malls, Hotels - Huffingtonpost.com
WASHINGTON — The full scope of the housing meltdown isn't clear and already there are ominous signs of a new crisis _ one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in full ...

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