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 On Private Mortgage Insurance Private mortgage insurance (PMI) is extra insurance a lender may require you to buy if youre forking over less than 20% of a propertys value as a down payment, because people who put down small amounts are more likely to default on a loan. If you opt for mortgage insurance, once youve got 20% equity in your home, you should be able to cancel the insurance. (Though an appraisal may be required Confused by all the Mortgage Options? Heres Help (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan. Your Money Matters: Dealing with Rising Mortgage Interest Rates (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. Its an important question because for many Americans their home equity represents the cornerstone of their personal wealth. How To Deal With Higher Mortgage Payments Rising interest rates are putting the squeeze on many homeowners, who are seeing their resulting mortgage payments increase. Ray Martin has details and tips for homeowners in trouble. Luminent Mortgage Capital, Inc. Announces First Annual Analyst Day in New York SAN FRANCISCO----Luminent Mortgage Capital, Inc. today announced it will be hosting its first annual Analyst Day meeting in New York. The event is scheduled for Wednesday, November 15, 2006, to be held at the New York Stock Exchange, 11 Wall Street, from 1:00 p.m. until 4:00 p.m. The price of competition Many in the mortgage market had hoped mortgage payment protection insurance (MPPI) would be spared the worst of the criticism when the Office of Fair Trading (OFT) published its recent report into the market. TriDelta Survey Highlights Importance of Choosing the Right Mortgage Broker Toronto, ON (PRWEB) October 27, 2006 -- What makes one mortgage broker better than another? Shop around for best mortgage Shopping around is not only for retail. Steve Hagar, president of the Michigan Mortgage Brokers Association and Northwood Financial Services in Bloomfield Hills, said its important for home-buyers to shop around and compare when it comes to mortgage lenders, too. Single-Loan, 100% Investor Real Estate Financing Now Available with No Mortgage Insurance Atlanta, GA (PRWEB) October 27, 2006 -- Katz Mortgage Team, www. Rules aim to cut risks on exotic mortgages The federal agencies that regulate mortgage lenders have approved guidelines, which took effect Sept. 29, governing so-called nontraditional mortgages -- interest-only and payment-option loans. | ||