Se frenan las hipotecas
El crédito hipotecario gestionado por las entidades financieras españolas alcanzó en noviembre un volumen de 1,03 billones de euros, lo que supone un crecimiento del 15,9%, según datos de la Asociación Hipotecaria Española (AHE). Bancos y cajas de ahorros han frenado el ritmo de crecimiento de las hipotecas, ante el parón del sector inmobiliario. El dato de noviembre contrasta con el del cierre de 2006, cuando el crédito hipotecario crecía a tasas del 23,3%, lo que significa que el crecimiento del crédito se desaceleró en 7,4 puntos en los once primeros meses de 2007. Esto supone el recorte de casi un punto porcentual por mes. En octubre, el incremento fue del 16,8%.
Hipoteca 12:21 PM
Las Comisiones
Novación y subrogación - Hoy en día, la creciente competencia en el sector financiero, fomentada incluso por las entidades online, y la mayor cultura financiera de los clientes, hace que la oferta de préstamos hipotecarios sea cada vez más diversa y flexible.
Hipoteca 06:09 PM
High FICO Credit Score for Lower Mortgage Interest Rate
Mortgage and Home Loans - The time for a would-be home buyer to think about their credit score is long before applying for a mortgage. Mortgage standards are getting tougher. To qualify for a lower rate, a borrower needs a credit score of at least 680, out of a possible 850, according to a consensus of lenders. Last year, consumers needed a credit score of at least 650.
Free credit reports are available online. The best sites offer results from all three credit reporting agencies, including Experian, TransUnion, and Equifax
Hipotecas Prestamos 08:11 PM
El proceso de Refinanciamiento
¿Quiere reducir sus pagos mensuales? ¿Quiere un período de préstamo más corto para terminar de pagar su préstamo más rápido? ¿Quiere utilizar el valor líquido de su casa para hacer una remodelación o para pagar educación universitaria?
No importa cuál es el motivo por el que quiere refinanciar, existen maneras de hacer el proceso de aplicar más fácil y rápido.
Hipoteca 02:45 PM
The Idea of Cash-Out Refinancings
Cash-out refinancing held steady in the 2007 second quarter, but Freddie Mac predicted that the percentage of U.S. homeowners taking cash out of their properties will fall by a third before the end of the year.
Overall, there remains a large amount of equity in homes that homeowners can tap, but slowing home price appreciation will mean that more recent home buyers will not have built up much equity. In the last two quarters, 83 percent of Freddie Mac-owned loans that were refinanced went into new mortgages that were at least 5 percent higher than the original balances.
Hipotecas Prestamos 08:32 AM
How Wall Street Relates to Mortgage Refinancing
As suspected here last week, long-term interest rates have stabilized: the all-powerful 10-year T-note is in a broad range below 5.2 percent, and mortgages are at 6.75 percent to 6.88 percent.
Everyone assumes the 10-year T-note will make a run through 5.25 percent, and mortgages will climb to 7 percent, but I don't think we will stay that high unless there is worse news on inflation or the global economy runs away from the central banks.
"How Wall Street Relates to Mortgage Refinancing"
Hipotecas Prestamos 01:58 AM
The Effects of High Foreclosure Rates 2007
About Mortgage and Home Loans - Declining home prices and rising delinquencies / foreclosures, lenders are now becoming more restrictive when issuing residential loans, approaching levels not seen since the post-S&L crisis of the early 1990s. The Federal Reserve's most recent Survey of Senior Loan Officers indicates that roughly 16 percent of respondents tightened credit standards in the first quarter of 2007.
Hipotecas Prestamos 06:57 AM
About Yahoo's Real Estate Web Site
Mortgage and Home Loans - According to Hitwise, which ranks sites by their market share of total visits based on a sample of 10 million Internet users, Yahoo! Real Estate moved up from the seventh-biggest site to the number six position in January. Does Refinancing Save "YOU" Money
Hipotecas Prestamos 06:39 AM
Bank of America No-Fee Mortgage
About Home Loans and Mortgages - Bank of America on Tuesday will begin offering nationally a no-fee mortgage, which will eliminate most of the charges that add a few thousand dollars to every closing.
Bank of America, which is the nation’s second largest lender by assets, has been offering this mortgage in Washington state since September. In February, it expanded the program to eight additional states. Tomorrow, it will begin advertising the “No Fee Mortgage Plus” nationally.
The loan also eliminates private mortgage insurance and the bank is guaranteeing its customers the best deal on interest rates and an on-time closing. Borrowers must put down at least 5 percent. The loans aren’t available to sub-prime customers.
Hipotecas Prestamos 10:11 PM
About Strict Mortgage Underwriting Rules
About Home Loans and Mortgages - The transition to more restrictive underwriting rules poses a danger to borrowers (and a costly nuisance to brokers). A borrower can begin the process under one set of rules and then have the rules change before the deal is done.
"About Strict Mortgage Underwriting Rules"
Hipotecas Prestamos 10:09 PM
Long Term Interest Rates
Long-term rates are rising quickly, with the 10-year T-note to 4.6 percent from sub-4.5 percent one week ago, and mortgages to 6.25 percent. Both are headed higher.
The immediate cause of retreat: February payrolls did just fine in today's dawn release. The economy produced 97,000 new jobs, and January and December were revised up another 55,000; unemployment fell a tick to 4.5 percent, and wages are up 4.1 percent year-over-year. No way the Fed's going to ease on numbers like that, not with inflation still in the hazard zone.
Hipotecas Prestamos 11:21 PM
About Local Real Estate Market Values
Understanding Local Real Estate Market Values
It's Imperative that you understand why one listing sold for $20,000 or $50,000 more than another. Your agent can help you with this education process by providing you with information about new listings, pending sales, closed sales and expired or withdrawn listings that didn't sell. The Internet is also an invaluable source of information about the housing market.
Hipotecas Prestamos 07:43 AM
100% Refinancing Interest Only Mortgage
One-hundred-percent financing and interest-only mortgages
Make sure that you understand the pros and cons of any of the mortgage options available to you. While you're educating yourself about financing, get preapproved for the mortgage you'll need to complete a purchase. You are in a better position to negotiate with sellers if they're convinced that you are financially capable of closing the sale.
Hipotecas Prestamos 07:41 AM
30-Year Interest Rates January 2007
In Freddie Mac's survey, the 30-year fixed-rate mortgage edged up to an average 6.25 percent from last week's 6.23 percent, while the 15-year fixed-rate mortgage held steady at 5.98 percent. Points, which are fees lenders charge for loan processing expressed as a percent of the loan, averaged 0.4 on the 30- and 15-year loans.
Hipotecas Prestamos 06:42 PM