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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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Benton mortgage rates news:
Financial News
Ex-Credit Suisse Brokers Charged With Subprime Fraud (Update1) - Bloomberg
Sept. 3 (Bloomberg) -- Two former Credit Suisse Group AG brokers were charged with conspiracy, securities and wire fraud linked to a scheme to fraudulently sell subprime securities to corporate clients. Julian Tzolov , 35, and Eric Butler, 36 ...

Ex-Credit Suisse brokers accused in ARS scheme - Forbes
NEW YORK (Reuters) - Two former Credit Suisse brokers were charged Wednesday with fraud and conspiracy over deceptive sales of subprime-related auction-rate debt, government officials said, part of an industrywide probe of the securities. The U.S ...

Ex-Credit Suisse brokers charged with fraud - Boston Globe
NEW YORK - Two former Credit Suisse Group AG brokers were charged with violating securities laws by fraudulently selling corporate clients subprime mortgages linked to auction-rate securities. Julian Tzolov, 35, and Eric Butler, 36, falsely told ...

N. Va. Home Sales Down 39% in July; Virginia in Top 5 of U.S. Sales ... - Falls Church News-Press
N. Va. Home Sales Down 39% in July; Virginia in Top 5 of U.S. Sales Decline Experts Caution: Pull Back to Trip Global Downturn By Nicholas F. Benton Falls Church should not take its declining residential home value situation personally. The dramatic ...

Foreclosure crisis felt in local region - Princeton Union Eagle
Princeton area realtor Jan Wokson likely wouldn’t have sold the home she did to a certain young man in his 20s a couple of years ago if she knew then what she knows now. What she knows now, she explained recently, is that the young man got in over ...

Washington jobless rate ends 2007 at historic low - Everett Herald
OLYMPIA -- Washington's jobless rate climbed slightly in December, but year-end figures show unemployment remains at historic lows, state economists said Tuesday. December's seasonally adjusted unemployment rate was 4.8 percent, down from 5 percent a ...

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