26 Feb 2013 , According to PRWeb

Home Finance of America has released new data indicating that the percentage of borrowers refinancing to 15 year or shorter term mortgage has increased in 2013.

Plymouth Meeting, PA (PRWEB) February 26, 2013

Home Finance of America, Inc., a national leader in online mortgage lending, has just released new data indicating that the percentage of borrowers opting for shorter term mortgages has significantly increased in the beginning of 2013. Home Finance of America’s data has revealed that refinances to 10 and 15 year fixed rate loan terms is up 24% as compared to the same time period in 2012. Short term mortgage rates are currently well under 3% while on average, traditional 30 year fixed rates are approximately one percent higher. Home Finance of America, a leader in low rate mortgage lending since 1993, is currently offering a 15 year fixed rate at 2.625% with an APR of 2.7893%.

15 Feb 2013 , According to Indo Asian News Service | IANS

Washington, Feb 15 (IANS) US fixed mortgage rates remained unchanged this week and continued to support the housing recovery, according to the Primary Mortgage Market Survey released by Freddie Mac.


17 Feb 2013 , According to PRWeb

Mortgage promotion looks to ByReputation's new marketing ideas and strategies.

Houston, TX (PRWEB) February 17, 2013

ByReputation reaches out to help improve mortgage marketing by using organic search engine optimization, local search directories, and content marketing to find new clients. If you would like to get a free mortgage marketing consult from an expert, then please click on the link below.


1 Feb 2013 , According to

HSBC has thrown down the gauntlet to its rivals by launching the lowest two-year fixed rate ever seen in the UK mortgage market.

The mortgage comes with an interest rate of just 1.98% and an arrangement fee of £1,999. It's available to borrowers with a 40% deposit, but you won't be able to borrow more than £250,000.

So not only is this mortgage only for the most low-risk of borrowers, it's also not going to be much use for those buying large properties (or any properties at all in central London!)


Choosing the Term of a Fixed-Rate Mortgage

Assume that you plan to stay in your new home indefinitely and are most comfortable selecting a fixed-term mortgage. You may be wondering whether you should take out a 15-, 20-, 30-, or one of those new 40-year fixed-rate mortgages.

Fixed-rate mortgages at less than 3% - what are the drawbacks?
A sudden price war has broken out among big mortgage lenders.
In August 2012 the RBS group (including NatWest), HSBC, Santander and the Nationwide, have cut their mortgage rates to below 3% for new, four or five-year, fixed-rate deals.
These are the cheapest long-term home loans ever offered to borrowers in the UK.
Their emergence has been prompted by the availability of cheaper funds for lenders to access, under the Bank of England's new Funding for Lending scheme.


November 9, 2012

Americans are growing ever more confident in the housing market, according to Fannie Mae’s October 2012 National Housing Survey. The survey gauges consumers’ attitudes toward owning a home, renting, prices, mortgage rates, household finances, and overall confidence in the economy.


Rate on US 30-year mortgage ticks up to 3.34 percent

Mortgage rates have been near record lows all year

This page sets out advice and information for members working on fixed-term contracts.

A fixed-term contract of employment is defined as a contract of employment which:

  • has a definite start and end date, or
  • terminates automatically when a particular task is completed, or
  • terminates after a specific event (other than retirement or summary dismissal).

Our fixed-term mortgage lets you pay a fixed interest rate during the term you choose. Generally a Fixed term mortgage is offered at a lower rate than an open term mortgage. With this mortgage you also have the option of paying off any or all of the balance owing on the mortgage at any time, but with an interest penalty.

Mortgages up to 95% of the value of your home are eligible. Customize your fixed term mortgage with amortization up to 35 years to manage your payments and cash flow.

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