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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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Scott home equity loans news:
Financial News
Credit squeeze literally hits home as card limits, equity lines pared - San Diego Union-Tribune
The credit crunch buckling Wall Street and the world economy used to seem like distant thunder. But more and more San Diegans are feeling the vibrations where they live. It's the letter that arrives in the mail from MasterCard, announcing a cut in ...

Economy in Alaska holds steady - Anchorage Daily News
So far, so good. Mostly. Insulated by high oil prices and conservative lending practices, Alaska's resource-driven economy has softened this year but not snapped under the pressure of Wall Street failures and a global credit crunch. Consider ...

Site Presented By - Salon
Two passages stand out in the statement released late Friday afternoon by Treasury Secretary Henry Paulson, after the conclusion of a meeting between “G-7 Finance Ministers and Central Bank Governors.” We are developing strategies to use the ...

Mortgage Foreclosures - The Ledger
Roig, Francisco, Marlenis Caballero, et al.; by Citimortgage, Inc. (08-0972) Romo, Zuleika, et ux., et al., Lot 217, Legacy Park Phase One; by Accredited Home Lenders, Inc., a California Corp.. (08-0434) Rosa, Anthony, et ux., et al., Lot 13, Block ...

Fannie, Freddie Mortgage-Bond Spreads Exceed Pre-Takeover Level - Bloomberg
Oct. 10 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage bonds jumped relative to Treasuries for a second day, pushing spreads above their levels before the U.S. seized the companies and vowed to support the market to bolster home prices ...

Mortgage help: Several options exist for homeowners - Jackson Clarion-Ledger
Two years ago, Falona Larkins, a cashier at a Dairy Queen, and her husband Alexander, a sheet-rock hanger, bought their first house for an affordable $552 a month. This year, the payment had jumped to $772, and Alexander Larkins was out of work. "We ...

Bank Writeoffs May Triple, Bond Spreads Fall on TARP (Update1) - Bloomberg
Oct. 6 (Bloomberg) -- The U.S. Treasury's $700 billion plan to rescue the nation's banks from the subprime mortgage debacle may help bonds rebound from losses of at least 90 percent while contributing to writedowns at financial institutions. The ...

Business experts see some edge for regional banks - Forbes
Some of Ohio's regional and community banks may have an edge over industry giants as the banking sector struggles to cope with the financial meltdown that resulted in the federal government's $700 billion rescue plan, some experts say. Those ...

College Costs: Coping with the Meltdown - MSNBC
Some unlucky investors like Dino Macaluso are feeling the double whammy of the market meltdown: They are watching their investment portfolios shrivel while college tuition payments loom. Macaluso, from Albany, N.Y., is considering a line of credit on ...

Local congressional candidates share economic views - Northwest Herald
Candidates for the 16th Congressional District do not have very many kind words regarding Washington’s $700 billion economic bailout. Republican incumbent Don Manzullo and Green challenger Scott Summers blasted the plan Tuesday during Northwest ...

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