Mortgage.net - Westchester mortgage rates - Compare mortgages by city in Westchester

You are here: Mortgage Rates > New York mortgage rates > Westchester

Amawalk	Bronxville	Dobbs Ferry	Hawthorne	Millwood	Peekskill	Scarsdale	Valhalla
Ardsley	Buchanan	Eastchester	Irvington	Mohegan Lake	Pelham	Shenorock	Verplanck
Ardsley On Hudson	Chappaqua	Elmsford	Jefferson Valley	Montrose	Pleasantville	Shrub Oak	Waccabuc
Armonk	Cortlandt Manor	Goldens Bridge	Katonah	Mount Kisco	Port Chester	Somers	West Harrison
Baldwin Place	Crompond	Granite Springs	Larchmont	Mount Vernon	Pound Ridge	South Salem	White Plains
Bedford	Cross River	Harrison	Lincolndale	New Rochelle	Purchase	Tarrytown	Yonkers
Bedford Hills	Croton Falls	Hartsdale	Mamaroneck	North Salem	Purdys	Thornwood	Yorktown Heights
Briarcliff Manor	Croton On Hudson	Hastings On Hudson	Maryknoll	Ossining	Rye	Tuckahoe

Today's Mortgage Terms starting with F Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac): A semi government agency that acquires conventional loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending. Federal Housing Administration (FHA): A federal agency within the Department of Housing and Urban Development (HUD), which insures residential mortgage loans made by private lenders and sets standards for underwriting mortgage loans. Federal National Mortgage Association (FNMA or Fannie Mae): This agency purchases loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending. FHA Loans: Fixed or adjustable-rate loans that are insured by the U.S. Department of Housing and Urban Development. The purpose of FHA loans is to make housing more affordable, especially for first-time homebuyers. First Mortgage: A mortgage which is in first lien, taking priority over all other liens. In case of a foreclosure, the first mortgage will be repaid before any other mortgages. Fixed Rate Loan: Fixed-rate loans have interest rates and payments that are fixed through out the term of the loan. Foreclosure: A legal process in which a mortgaged property may be liquidated to pay off a mortgage loan that is in default. View all Terms

Westchester mortgage rates news:

Hudson City Bancorp, Inc. Did Not Participate in Capital Purchase ... - Earthtimes
Author : Hudson City Bancorp, Inc. PARAMUS, N.J. , Nov. 17 /PRNewswire-FirstCall/ -- Hudson City Bancorp, Inc. (Nasdaq: HCBK), announced today that it did not participate in the Capital Purchase Program (the "CPP") that was established as part of the ...

Close underused facilities - Buffalo News
New York State’s fiscal condition is in crisis mode and one of the ways the governor proposed to reduce the growing state deficit is by closing juvenile detention facilities. Cattaraugus County’s Great Valley Youth Residential Center is one of ...

Poor People's Dinner fund-raiser on Staten Island tonight - Staten Island Advance
Advance file photo Gabriel Farini, 8, was one of many youngsters who attended last year's Poor People's Dinner. Project Hospitality is holding its annual Poor People' Dinner tonight at the Hilton Garden Inn in Staten Island's Bloomfield community ...

Volatile Mortgage Rates to Persist Until Year-End, Analyst Says - Bloomberg
Oct. 22 (Bloomberg) -- Gyrating U.S. residential mortgage rates show no signs of stabilizing, according to Keith Gumbinger , a mortgage-research analyst in Pompton Plains, New Jersey. Average rates for 30-year fixed mortgages jumped to 6.46 percent ...

There's nothing wonderful about the nation's mortgage crisis - Seattle Times
George Bailey (Jimmy Stewart) in "It's A Wonderful Life. " In Frank Capra's 1946 film, "It's A Wonderful Life," Jimmy Stewart's character runs the family savings-and-loan business. His financial institution made money the old-fashioned way: by paying ...

ADJUSTABLE FATE - New York Post
Treasury Secretary Hank Paulson's new safety net to prevent a flood of home foreclosures could actually drown many hard-working homeowners who never missed a mortgage payment, experts say. "This is not a silver bullet," Paulson said yesterday in a ...

Hudson City Bancorp Reports Major Milestones in Market Share - MSN MoneyCentral
PARAMUS, N.J. , Oct. 30 /PRNewswire-FirstCall/ -- Hudson City Bancorp, Inc. "Hudson City" HCBK , the largest savings bank in the United States , with branches in 9 of the top 50 U.S. counties in median household income, today announced an increase in ...

BUYERS FACE TIGHT CREDIT - New York Post
THE credit crunch is hitting the big time as bankers inhale more equity from buyers. One broker reports the buyer on a $100 million deal copped out after talking with "40 banks" because he couldn't put down 40 percent - i.e. $40 million - for equity ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. So, it’s official: The Treasury has announced its rescue plan for troubled mortgage buyers Fannie Mae and Freddie Mac. The two giants will be ...

What should NY cut? - Syracuse Post-Standard
AP Gov. David Paterson turns off his cell phone before the start of the taping of a town hall meeting Wednesday at the Little Theater at the Westchester County Center in White Plains, N.Y. Far right is moderator Rafael Pi Roman, host of New York ...