Refinance Topics

The On-Topic Netowork

Refinance > Adjustable Rate Mortgage (ARM)

The following information is about Adjustable Rate Mortgage (ARM).

Adjustable Rate Mortgage (ARM) Defined

A mortgage in which the interest rate is adjusted periodically based on an index. Also known as the renegotiable rate mortgage, the variable rate mortgage or the Canadian rollover mortgage.

This definition is in context to Refinance. See more contextual defintions for Adjustable Rate Mortgage (ARM).


Changes likely coming for reverse mortgages

Published July 4, 2009, 5:42 am, The Charlotte Observer

Q. This comment is in regards to your recent column about reverse mortgages. You told your readers that they can take between 50 percent to 70 percent of their equity in cash from a mortgage lender and that the money doesn't need to be paid back.

Full Story


Owe more than your home is worth? You can still refinance, but it's complicated

Published July 4, 2009, 2:04 am, Seattle Times

The federal government's Home Affordable Refinance program is designed to help homeowners refinance their mortgages, even if they owe slightly more than their home is worth. B ut it applies only to loans owned or guaranteed by Fannie Mae or Freddie Mac and the rules are complex.

Full Story


U.S. Mortgage Rates Slip to 5.32%

Published July 2, 2009, 1:22 pm, Fox News

U.S. mortgage rates dropped in the latest week, a move that bodes well for the hard-hit U.S. housing market, which has been showing signs of a recovery.

Full Story


Bankrate: Mortgage Rates Slide Back

Published July 2, 2009, 4:30 am, PR Newswire via Yahoo! Finance

The average 30-year fixed mortgage rate pulled back to 5.70 percent this week, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.48 discount and origination points.

Full Story


United Western Bancorp, Inc. Reports Sale of Mortgaged-Backed Securities

Published July 1, 2009, 3:00 pm, Business Wire via Yahoo! Finance

DENVER----United Western Bancorp, Inc. , a Denver-based holding company whose principal subsidiary, United Western Bank® , is a community bank focused on expansion across Colorado's Front Range market and selected mountain communities, today announced that the Bank sold mortgage-backed securities with an unpaid principal balance of $47.3 million of lower tranche mortgage backed securities ...

Full Story


Mortgage Applications Decrease in Latest MBA Weekly Survey

Published July 1, 2009, 1:54 pm, RISMedia Real Estate News

RISMEDIA, July 2, 2009-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending June 26, 2009. The Market Composite Index, a measure of mortgage loan application volume, was 444.8, a decrease of 18.9% on a seasonally adjusted basis from 548.2 one week earlier. On an ...

Full Story


First Federal Bank of California Nears $1 Billion in Home-Loan Modifications; Its Workout Success Rate Outpaces Banks ...

Published July 1, 2009, 7:00 am, Business Wire via Yahoo! Finance

LOS ANGELES----May figures show that First Federal Bank of California, a wholly owned subsidiary of FirstFed Financial Corp. , has now modified nearly $1 billion worth of home mortgages, enabling more than 2,000 California families to avert foreclosure.

Full Story


Mortgage Rates Drop for Second Straight Week

Published June 30, 2009, 1:54 pm, RISMedia Real Estate News

RISMEDIA, July 1, 2009-The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased last week to 5.48%, down from 5.58% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by real estate website Zillow.com®. Meanwhile, rates for 15-year fixed mortgages fell to 4.87% from ...

Full Story


James Surowiecki: Caveat Mortgagor

Published June 28, 2009, 9:03 pm, The New Yorker

In 1937, the Massengill Company began selling a health product called Elixir Sulfanilamide, which contained one of the antibiotic sulfa drugs. Unfortunately, it also contained diethylene glycol, a solvent that happens to be deadly to humans. In a matter of months, the elixir killed more than a hundred consumers. The . . .

Full Story


Ask the Fool | ARMs ABCs

Published June 28, 2009, 12:27 am, Seattle Times

The Motley Fool: Every Sunday, useful tips on investing

Full Story


Are you looking for additional Refinance > Adjustable Rate Mortgage (arm) news? Try our new "Adjustable Rate Mortgage (arm) News Focus" area.

If you would like to find additional social bookmark based links on the topic of we recommend the Open Tag Directory > Adjustable Rate Mortgage (ARM). If you would like to find related tags we recommend Tag Patterns > Adjustable Rate Mortgage (ARM)

Off-site Adjustable Rate Mortgage (arm) Research Links

If you still need additional information on Adjustable Rate Mortgage (arm) then we suggest the following off-site resources. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

Refinance

If you know the Refinance Term Name use the links below to quickly jump to your desired focus.



Bookmark Us

The On Topic Network

This website is part of The On Topic Network.

Thank You

Refinance.On-Topic.net was developed by Odin Metatech, Inc and runs on the Odin Assemble platform.

License

Creative Commons License This work is licensed under Creative Commons.


Your Ad Here
Your Ad Here

Powered by Odin Assemble 2.5a