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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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Sterling home equity loans news:
Financial News
US Treasuries rally, as Fed unveils more rescue programs - FXStreet.com
On Tuesday, global bonds reversed course following a two-day equity-induced correction lower, closing moderately (EMU) to sharply higher (US). Equities kept a more sideways trading profile and eco data, while mostly again very weak, weren’t the ...

Reverse mortgages a lifeline for seniors - San Diego Union-Tribune
Seniors traditionally have used reverse mortgages to maintain their standard of living in retirement by tapping into their home equity, but older homeowners increasingly are using the loans to avoid sliding into foreclosure. Rather than making ...

Home Value Highwire - WTOP Radio
WASHINGTON - If you want to buy in today's housing market, you may not be able to seal the deal or get a loan, unless you have cash and good credit. You need cash to close the deal. The days of zero-down are gone. That's the new reality of the ...

Midday Market Recap: Stocks and U.S. Dollar Down After New $800 ... - Economicnews
(CEP News) - Stocks are slightly lower, Treasuries are higher and the U.S. dollar is down after the U.S. government unveiled a series of programs to buy mortgages, agency debt and asset-backed securities (ABS). Beginning next week, the Federal ...

U.S. market for lobster bottoms out, Canadian fishermen tie up boats - 680 News
HALIFAX, N.S. - A major buyer of lobsters in Nova Scotia believes fishermen should consider tying up their boats all winter rather than setting traps for a delicacy that fewer people are willing to buy during tough economic times. Colin MacDonald ...

N.S. lobster fishermen block shipments in price protest - The Chronicle Herald
Digby Neck lobster fisherman Bruce Titus said there was no way he would let this lobster hauling truck from Yarmouth board the ferry Princess of Acadia at Digby on Monday. (BRIAN MEDEL / Yarmouth Bureau) DIGBY — Frustrated lobster fishermen managed ...

The nationalisation of credit - bbc
As I said boringly and monotonously on Monday, before during and after the pre-Budget report, the overhang of excessive debt accumulated in the boom years remains the biggest problem for the UK economy and for the world. The past, current and future ...

Secret talks preface Simpson's decision to stand down - Watford Observer
Graham Simpson has resigned as chairman of Watford Football Club. Simpson broke the news to shareholders of the Hornets’ parent company, Watford Leisure Plc, this morning, who had attended what was expected to be an emergency meeting where the ...

Citi and manic Monday - bbc
The overnight bailout by the US authorities of Citigroup is big and fairly complicated, but then it had to be: until recently Citi was the biggest bank in the world and even today its assets are not far off the size of Britain's economic output. Citi ...

House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...

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