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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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Henry refinance mortgage news:
Financial News
Mortgage Lenders Report Rise In Number Of Refinancing Applications ... - All Headline News
Washington, D.C. (AHN) - The Tuesday announcement by Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke of an $800 billion package designed to help consumers obtain loans and refinance their home mortgages have stirred ...

New Bailout Actually Working! - Huffingtonpost.com
The latest government bailout, the $800 billion trash-asset-removal-plan announced yesterday, is actually making a difference, at least so far. One of the goals of the plan is to reduce mortgage rates through government buying of mortgage-backed ...

Borrowers get gift of lower mortgage rates - Seattle Post Intelligencer
Mortgage rates plunged after the Federal Reserve announced that it would buy up to $500 billion of securitized home loans. Rates on 30-year, fixed-rate, conforming mortgages fell well below 6 percent after the Fed announced Tuesday morning that it ...

PhillyDeals: PhillyDeals: Highway tolls a possible topic at Obama ... - Philiy.com
President-elect Barack Obama and the National Governors Association are meeting here today in Old City. So what can Obama offer cash-hungry Gov. Rendell and his cronies before they go home to face tight budgets and angry, scared citizens? "As part of ...

US commits $800 billion more to bail out consumer credit and mortgage ... - World Socialist Web Site
US Treasury Secretary Henry Paulson announced Tuesday another extension of the Bush administration’s bailout of the financial system, committing $800 billion towards lending programs aimed at preventing the collapse of the home mortgage and ...

Is the Fed Taking a Step Toward Explicit Quantitative Easing? - Seekingalpha.com
Dull times these are not – Monday was another whirlwind that culminated with another steep drop in equity markets, despite clear indications that Bernanke & Co. are ready for a broader campaign of quantitative easing. The day brought more recession ...

Meltdown far from over, new mortgage crisis looms - Associated Press
WASHINGTON (AP) -- Black Friday's retail shoppers hunting for holiday bargains won't be enough to stave off what's likely to become the next economic crisis. Malls from Michigan to Georgia are entering foreclosure, commercial victims of the same ...

Mortgage Rates Tumble on Fed Debt Purchasing Plan (Update1) - Bloomberg
Nov. 26 (Bloomberg) -- U.S. mortgage rates plunged by the most in at least seven years yesterday as a Federal Reserve pledge to buy $600 billion of debt succeeded where seven cuts in the central bank’s benchmark rate had failed. The average rate ...

U.S. Mortgage Rates Drop Most in Seven Years on Fed Debt Plan - Bloomberg
Nov. 26 (Bloomberg) -- U.S. mortgage rates dropped by the most in at least seven years as a Federal Reserve pledge to buy $600 billion of debt succeeded where seven cuts in the central bank’s benchmark rate had failed. The average rate for a 30 ...

Commercial mortgage crisis looms - Dallas Morning News
The full scope of the housing meltdown isn't clear and already there are ominous signs of a new crisis – one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in full swing, the ...

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