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Today's Mortgage Terms starting with H

Home Equity Line of Credit:

A type of revolving credit in which your home is used as collateral.

Home Equity Loan:

A revolving line of credit or loan based on the equity in the mortgagor's property. The property is the collateral for the loan, which is usable for any purpose.

Housing and Urban Development (HUD):

A U.S. government agency created to introduce federal housing and community development programs; manages the Federal Housing Administration.

View all Terms
Bristol mortgage rates news:
Financial News
Frightened investors ‘pile into property’ - Times Online
Investors who have lost faith in the banking system are turning to property as a safe haven for their cash. Estate agents have identified a growth in interest from cash buyers, who want something tangible for their money rather than depositing it ...

Stories from the crunch frontline - Guardian Unlimited
Two years ago good friends Emma McMillan, who works for the police, Grace McFall, who works in HR, and teacher Colleen Main bought a three-bedroom mid-terrace town house in Chertsey, Surrey together. Two of the group had split from partners they had ...

Bank crisis Q&A - Financial Times
Matthew Vincent examines how the banking crisis could hit your pocket and the steps you can take to avoid losses. Are any UK banks in danger of collapsing? Royal Bank of Scotland, Barclays and Lloyds TSB have held talks with the chancellor about ...

Playing the Financial Crisis Blame Game - ABC News
People around the world are concerned and angry about the global financial crisis, with blame falling on the United States and "greedy" bankers on both sides of the Atlantic. (AP Photo/Getty Images/Reuters) With the crisis seeming to deepen as ...

U.S. Stocks Decline, Dow Industrial Average Falls Below 10,000 - Bloomberg
Oct. 6 (Bloomberg) -- U.S. stocks dropped, driving the Dow Jones Industrial Average below 10,000 for the first time in four years, after bank bailouts in Europe widened and commodities producers slid on concern global growth is slowing. Equities fell ...

We must lead the world to financial stability - Times Online
The banking system is fundamental to everything we do. Every family and every business in Britain depends upon it. That is why, when threatened by the global financial turmoil that started in America and has now spread across the world, we in Britain ...

U.S. Stock Futures Decline After Global Credit Crunch Deepens - Bloomberg
Oct. 6 (Bloomberg) -- U.S. stock-index futures dropped after bank bailouts in Europe widened and lower crude prices weighed on oil companies, deepening concern that credit-market losses will worsen a global economic slowdown. Bank of America Corp ...

Credit crunch: A sickness in the heart of Britain - Guardian Unlimited
There may be no apparent connection between the wheeler-dealers of the City, clinging to their jobs through the white-knuckle ride of the credit crunch, and the legs of the ladies of Hertfordshire; but the momentous events of the past 12 months have ...

Dow drops below 10,000 for first time in 4 years - Times of India
US stocks dropped, driving the Dow Jones Industrial Average below 10,000 for the first time in four years, after bank bailouts in Europe widened and commodities companies tumbled on concern global growth is slowing. Equities tumbled around the globe ...

Undernews: Rezko Alert - Slate
McCain wants to fire Chris Cox as head of the Securities and Exchange Commission and appoint ... Andrew Cuomo , under whose leadership the federal Department of Housing and Urban Development damaged several New York neighborhoods when it permitted ...

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