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No-Money-Down Mortgages! Fidelity customers can take a margin loan instead of paying cash. Fidelity's marketing materials make its Pledged Asset Plan sound like a sweet deal: You take out a mortgage with its partner, G...(Continue Reading)A vanishingly small down payment Some lenders, including GE Capital and Norwest Mortgage, now make loans to qualified home buyers who can only make a down payment of 3% of the purchase ......(Continue Reading)Down with home-equity loans; you may be able to lower your monthly payment with a cash-out refinancing - Managing Money: Yields & Rates Mortgage rates are tumbling, but second mortgages -- better known as home-equity loans and lines of credit -- seem to be as impervious as the Rock of Gibraltar. While the average rate for 30-ye...(Continue Reading)Behind the boom in homeowning - outlook for new mortgages in 1998 Home sales figures for 1997 are expected to beat the 1996 record of 4.1 million, and mortgage rates below 7.25% for 1998 promise to keep the market strong....(Continue Reading)Bye-Bye, 6.5% Mortgages - financing a home - Brief Article But you can still get a good deal on a loan this spring. The chance to finance your home at 6.5% over 30 years melted away as quickly as spring snow. The average rate on a 30-year fixed-rate mo...(Continue Reading) |