4th August, 2011 - Posted by admin - No Comments
During the recent economic downturn, many Americans were facing problems with mortgage refinance and were losing their homes to foreclosure. In response, the Obama government introduced a mortgage ref…
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8th May, 2011 - Posted by admin - No Comments
Fixed mortgage rates declined this week, keeping the rate on the 30-year loan below 5% while the 15 year loan fell below 4%. According to Freddie Mac, the average rate on the 30 year loan fell to 4.78…
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7th May, 2011 - Posted by admin - No Comments
Saab Automobiles' parent company Spyker Cars has secured a short term loan of USD 44.6m from Gemini Investment Fund Ltd. This will help Saab, the Swedish carmaker, resume its automobile production…
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6th May, 2011 - Posted by admin - No Comments
SBA loan assistance has been announced for the residents of Georgia. The SBA has accepted the fact that the state has been hit by many natural disasters during the last few weeks and has announced bus…
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6th May, 2011 - Posted by admin - No Comments
The Fed's quarterly survey of senior bank loan officers reported increased demand for loans by large companies, while the appetite for loans from smaller firms rose 10 percent. Demand from consume…
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5th May, 2011 - Posted by admin - No Comments
Chicopee Savings Bank receives a bank loan of $5 million in state reserve funds under the grounds of small-business lending initiative. It is the first time anyone has received such a huge loan, and s…
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3rd May, 2011 - Posted by admin - No Comments
Banks eased lending terms in the first quarter as they forecast improvement in the U.S. economy and companies sought more loans, according to a Federal Reserve survey. Commercial lending has picked up…
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19th April, 2011 - Posted by admin - No Comments
The US Small Business Administration has opened up a commercial real estate mortgage refinance program to a wider array of businesses. The temporary refinancing program that allows small businesses wi…
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6th April, 2011 - Posted by admin - No Comments
CitiMortgage has joined the pack of leading mortgage lenders that offer 30 year fixed mortgage loans at a lending rate of 5 percent. Six months ago, the Mortgage Brokers Association predicted that len…
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17th August, 2010 - Posted by admin - No Comments
Many people who set out to start a mortgage immediately jump to the idea of buying the home of their dreams. This is great, for those who can do it, but it isn't always the best option for everyon…
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