By admin on July 9, 2011
In recent days, the Federal Reserve, the European Central Bank, the Bank of Canada, the Bank of England, and the Swiss National Bank have teamed up to auction $110 billion off to world money markets in order to ease the recent liquidity crisis. But what is liquidity? Why should banks auction off money to deal [...]
Posted in Business and Finance | Tagged estate, important, in, liquidity, market, real, so, the, why |
By admin on June 19, 2011
Traditionally Bridging Finance, or Bridging Loan as it is also known, has been used to ‘bridge’ the financial gap between the sale of one property and the purchase of another. Allowing borrowers to purchase the second property before selling their existing property. Numerous other uses for Bridging Finance include – Allowing Buy to Let investors [...]
Posted in Business and Finance | Tagged bridging, finance, use, why |
By admin on May 19, 2011
When my dad bought his home, he went for a 30 year home loan. As a matter of fact, most of the homeowners I know have acquired their home via that home finance offering. But why it has being so popular over the years? A 30 year home mortgage used to be the first choice [...]
Posted in Business and Finance | Tagged 30, are, being, home, loans, popular, so, why, year |
By admin on August 27, 2010
Home equity is the amount of money you already paid for your home. A refinancing equity loan is a second home loan to pay off your first one. You can pay off an existing home equity loan with a new loan by refinancing your existing equity. Home equity loans interest rates and adjustable home loans [...]
Posted in Business and Finance | Tagged home, loan, refinance, why, would, you, your |
By admin on June 12, 2010
It’s not uncommon for someone to look for the lowest price on any purchase that they are planning on making – this goes double for a major purchase. People look for the lowest monthly payment they can get on a car, on an apartment and on a house – often the lowest monthly rate, at [...]
Posted in Business and Finance | Tagged a, be, better, firsttime, fixedrate, for, homebuyer, may, mortgage, why |
By admin on February 19, 2010
What would you do if your bank called to tell you that your home equity line of credit had been frozen or even cancelled? For most homeowners, shock would be the first emotion followed quickly by confusion. Why would banks be pulling the line of credit from homeowners who have had no trouble paying off [...]
Posted in Business and Finance | Tagged are, banks, credit, freezing, houses, lines, of, on, why |
By admin on January 12, 2010
If you are considering buying a new home, then you may already know that there are many requirements that potential home buyers must meet. One such requirement is private mortgage insurance. Private mortgage insurance, or PMI as it is commonly called, is a form of insurance that is designed to provide protection for the lender [...]
Posted in Business and Finance | Tagged important, insurance, is, mortgage, private, why |