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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
Union mortgage rates news:
Financial News
ECB sees crisis of "enormous proportions" as Spain creates mortgage ... - Daily Telegraph
A string of governors from across the eurozone have today issued grim warnings in what seemed a coordinated move to prepare the markets for interest rate cuts, perhaps within days. Guy Quaden, Belgium’s ECB member, said the violent storm ravaging ...

Stocks fall again; Fed intervenes on lending - Boston Globe
US stocks plunged again yesterday as central bankers around the world rushed to bolster deteriorating financial institutions and restore lending to companies that are cutting back because they are frozen out of credit markets. In the United States ...

Landlords 'must cut rents' - Age
Landlord's are morally bound to reduce rents for struggling tenants after yesterday's drop in interest rates, according to tenants advocacy groups. The Tenants Union of Victoria said landlords have used interest rate rises to justify rent increases ...

FAMILY FINANCE: Savings are safe in a credit union - Newsday
My husband and I are retired. We have our savings in a federal credit union, and I am not sure if it is as safe as an FDIC account at a bank. The credit union states that it is federally insured, but I'm still not convinced that our savings are safe ...

Britain earmarks $87 billion to bail out banks - International Herald Tribune
LONDON : As European leaders continued to clash over measures to ease the financial crisis, Britain announced a massive bailout for its beleaguered banks, and Spain moved to mount a separate rescue of its own banking sector. A statement from the ...

Credit Unions Buck Trend; Remain Solid Despite Mortgage Meltdown - Market Wire
MEQUON, WI--(Marketwire - October 2, 2008) - The subprime mortgage meltdown continues to have ripple effects throughout the economy, but a too-often-ignored bright spot in the mortgage industry is just down the street: the local credit union. And in ...

Two countries plan rescues as European talks continue - International Herald Tribune
LUXEMBOURG : As European leaders continued to bicker Tuesday over the need for a Europe-wide financial bailout package, Britain and Spain moved to mount separate rescues of their own financial industries. The initiatives came as signs of European ...

Good Policies Can Save the Economy - Wall Street Journal
President Bush argued that the passage of the Treasury rescue plan was necessary to prevent the U.S. from entering a severe downturn. Yesterday, the Federal Reserve announced it will begin buying commercial paper to, in the words of Fed Chairman Ben ...

Darling details £50 billion bank bailout plan - Times Online
Chancellor Alistair Darling today launched a drastic rescue of Britain's high street banks in move designed to head off a cataclysmic failure of confidence by announcing a part-nationalising plan with £50 billion of taxpayers' money. He said there ...

State of the union’s economy - Jackson Clarion-Ledger
A: Bank failures are cause for concern, but we do have some built-in protection. The FDIC offers protection to investors of failed institutions. Investors shouldn’t be too alarmed when the name at the top of their statement changes. Q: How does the ...

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