Friday, 1 December 2023 This article discusses the main differences between home loans and mortgage loans. It covers topics such as collateral, interest rates, tenure, Loan to Value Ratio (LTV), and processing fees. Home loans are specifically for buying or building a house, with the property serving as collateral. Mortgage loans, on the other hand, allow for different forms of collateral, such as houses, gold, or securities. Interest rates for home loans are typically calculated as the RBI's repo rate plus a small additional amount, while mortgage loans tend to have higher interest rates.
In this episode of the Richard Leonard Show, Richard and Jason Ous dive deep into recent developments involving the US government's efforts to bail out veterans or the Veterans Affairs against home loan foreclosures. They question if the proposed solution of adding missed payments to the end...
JCRMG INC Real Estate Mortgage Broker – Your Path to Homeownership! Begin your journey to homeownership with JCRMG INC Real Estate Mortgage Broker. Joe Frank Cerros Mortgage Loan Originator and his..
US Housing Market , Sees Temporary Surge , as Mortgages Inch Lower.
'Newsweek' reports that the United States
housing market saw a surge in activity
amid declining mortgage rates.
At the same time,..
Credit: Wibbitz Top Stories Duration: 01:30Published
Some Areas of California , See House Values Plummet.
'Newsweek' reports that many areas across California,
typically one of the most expensive housing markets in
the United States, have experienced..
Credit: Wibbitz Top Stories Duration: 01:31Published