Fundublog Loans - Everything one needs to know

Home Improvement Loans ? The Basics
Home improvement loans can be as simple or as complex as the homeowner chooses to make them, but the primary goals is to help the borrower make life better in and around the house. These loans are ideal for adding a new room, for kitchen remodeling, for putting new carpet […]

In case of floating rate loans, if the interest rate increases, usually the EMI remains the same and the tenure of the loan is increased. In case the interest rate decreases, the EMI remains the same and the tenure of the loan is reduced.
Alternatively, by continuing to pay the same EMI, a borrower can have […]

THE fall in home-loan costs expected for as early next month could be short-lived as the longer term funding pressures on banks are set to increase rather than ease over the coming year.
With the National Australia Bank and the ANZ having committed themselves to passing on in full a Reserve Bank-prompted 0.25 per cent reduction, […]

MORTGAGE origination group ooba yesterday announced it would be offering a free service to “help counter the problem of failed property sales from buyers unable to secure enough financing”.
According to ooba’s statistics, about a third of sales were falling through because of banks declining home loans, buyers only obtaining partial financing, and sales falling through […]

Refinance Mortgage Explained
When you decide to refinance a mortgage you’ll be canceling a previous loan with the money amount obtained from a second loan. Unless of course your motive is that you are not being able to meet the monthly payments you should make sure that the new loan has overall better conditions than the […]

When the going gets tough, the tough go shopping. And that is what home owners have been doing - shopping for suitable and the lowest home loan rates.
The cheap cost of borrowing, a result of interest rates heading south, has led to more home owners opting to refinance their mortgages to enjoy savings. […]

With the recent credit policy, the Reserve Bank of India (RBI) has pushed up interest rates on loans, including home loans. Many banks announced a hike in their interest rates by an average 0.75 percent. The move would increase repayment by a minimum of about Rs 1.25 lakhs on a Rs 10-lakh loan. On a […]

AUSTRALIA’S largest home lender, Commonwealth Bank of Australia, has lowered its fixed rate mortgages for the second time this month but says it cannot guarantee matching a likely rate cut next month by the central bank.
Commonwealth Bank today announced a series of cuts to its fixed rate home loans just hours after rival National Australia […]

A decline in mortgage bond prices is raising interest rates on U.S. home loans, even for borrowers least prone to default.
Rates on average 30-year fixed mortgages rose to 6.37 percent this week, about the highest in six years, as yields on bonds guaranteed by Fannie Mae and Freddie Mac increased to almost the highest since […]

The days of easy loans are over and people are having to live within their means. But it is not all bad news. Iain Macwhirter on the lessons for the government, and what you can do

Cheer up! It could be worse. At least estate agents themselves have been the first casualties of the credit crunch. […]