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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.

View all Terms
Norfolk mortgage loans news:
Financial News
Mortgage lifeline for Norfolk families - Evening News Norwich
Families in Norfolk will be among the first in the country to benefit from the Government's new £200m mortgage rescue scheme. Broadland District Council has been picked as one of 60 councils which can “fast track” the scheme, which could reduce ...

Taxpayers' mortgage guarantee - bbc
Gordon Brown has just announced a scheme which he hopes will lead to significantly fewer repossessions next year than the 75,000 currently expected by the CML. It's an attempt to provide assistance for two years to those families which suffer a fall ...

Letters from readers - Florida Times-Union
I was absolutely amazed by Sunday's article regarding police shootings. If ever an article appeared to be trying to incite trouble and create the news rather than reporting on the news, this is it. No, there is not an outcry about increased police ...

Plan would help reduce bank-owned houses sitting vacant - HamptonRoads.com
A new federal program aimed at stabilizing neighborhoods hit by foreclosures will inject roughly $46 million into Virginia next year, with South Hampton Roads receiving as much as $10 million in help. The money, provided through the federal ...

Home prices are down, but mortgages are hard to land - HamptonRoads.com
Peral Carrington wrote letter after letter to the mortgage lenders, maybe 20 in all, explaining why she wanted to buy a home, how she thought she could afford one, what caused her to be late on payments in the past. She said she had no idea the ...

The Real Security Challenge - Newsweek
"Ninety-five percent of American foreign and security policy is bipartisan. That's why Congress argues so hard about the last 5 percent. We have to persuade voters they're getting value for their votes." That characteristically dry observation came ...

House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...

Gov't to announce new loan aid effort - WTKR
WASHINGTON (AP) - The federal government and the mortgage industry are announcing a new effort Tuesday afternoon to streamline the process of modifying loans held by mortgage finance companies Fannie Mae and Freddie Mac. The Federal Housing Finance ...

Refinancing available to vets with subprime loans - HamptonRoads.com
Veterans with conventional home loans now have new options for refinancing to a loan guaranteed by the Department of Veterans Affairs, according to a news release. These new options are available as a result of the Veterans’ Benefits Improvement ...

Home repossessions rise 12% as economy worsens - Times Online
Repossessions in July, August and September jumped sharply by 12 per cent and, according to the Council of Mortgage Lenders, full year numbers are expected to soar by 70 per cent compared to 2007. The number of repossessions that took place over the ...

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