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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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Ellis home equity loans news:
Financial News
Update: Kagen opposes automakers' bailout; others from state open to ... - Green Bay Press-Gazette
Senate proposals to rescue the carmakers appear stalled because key Republicans oppose using more taxpayer money to rescue companies they consider badly managed. Congress approved $25 billion in federally subsidized loans through the Energy ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. When Deal Journal told people we were going to cover an event honoring the 25 Most Powerful Women in Banking, a common reaction was: “There ...

House prices suffer biggest drop in 25 years - Financial Times
UK house prices fell 2.2 per cent in October from September, and 15.5 per cent from a year ago, according to the latest Halifax House Price Index, wiping out gains on housing equity earned since October 2005. The decline in house prices confirms the ...

LOOK TO LARRY - New York Post
Billionaire real estate mogul Larry Silverstein is gunning to buy the iconic GM Building from beleaguered developer Harry Macklowe in a deal that could fetch about $3.5 billion ahead of a deadline for bids, according to sources familiar with the ...

PhillyDeals: Suburban 'trophy' office price down from 2006 peak - Philadelphia Inquirer
California-based KBS Real Estate Investment Trust Inc. said it paid $73 million, or $326 a square foot, for the eight-story Five Tower Bridge office building in West Conshohocken. Builder Oliver Tyrone Pulver Corp. and financier Cornerstone Real ...

Net Worth - San Francisco Gate
Well, the tide is definitely out and the accompanying chart shows which Bay Area financial companies kept their trunks on. The chart ranks the financial companies in The Chronicle 200 based on their total return to shareholders for the year ending ...

Goldman Sachs Paydays Suffer on Lost Leverage With Fed Scrutiny - Bloomberg
Oct. 21 (Bloomberg) -- On Sunday Sept. 21, just before 3 p.m., Lloyd Blankfein gathered the top executives of Goldman Sachs Group Inc. in his 30th-floor office and set off a chain of events that would forever change the company he leads. It had been ...

JPMorgan, Wells Fargo profits fall, but top views - Guardian Unlimited
NEW YORK, Oct 15 (Reuters) - JPMorgan Chase & Co and Wells Fargo & Co posted better-than-expected earnings on Wednesday despite higher credit losses, underlining their standing as among the strongest big banks in the battered U.S. financial sector ...

House prices down 2.2% in October - BBC Business
House prices fell by another 2.2% in October, says the Halifax, pushing the drop in house prices to 13.7% over the past year. The latest fall means that the average UK home now costs £168,176, nearly £30,000 less than a year ago. The Halifax said ...

GLOBAL MARKETS-Global stocks slide, gold rises on recession fear - Forbes
NEW YORK (Reuters) - Stocks plunged and oil prices dove to 13-month lows Wednesday after a new batch of U.S. economic data rattled investors who increased their aversion to risk on growing signs of a deeper worldwide slowdown. Shorter-term U.S. and ...

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