On a 30-year deal, you might pay 6.36 percent. The tooth fairy probably made your problem worse. Buyers thought they could tuck their home values under their pillow at night to double while they slept. First, the interest only loan, where you're paying the interest but not reducing the debt itself. Most borrowers avoid that jolt, says Bob Visini, vice president of marketing for Academic Finance Corporation and EFSI. You usually have to start repaying the principal after three to five years. At that point, your monthly mortgage cost could jump by 50 percent to 200 percent ready or not. Lenders have many ways to help a student repay. Then you compare those expenses to your estimated salary. As long as you keep your job, your credit is good and interest rates stay stable, you should be able to pay.

Home loan

Bank profits up 8.8 percent in 2006 but home-loan writeoffs surge ...

San Diego Daily Transcript - WASHINGTON (AP) -- Profits at federally-insured banks and thrifts jumped 8.8 percent last year, to a record $145.7 billion, but slumping home prices and rising interest rates pushed banks' writeoffs of home mortgage loans to a three-year high in the ... Read more...


Federal Home Loan Bank CEO to step down in April

Seattle Post Intelligencer - The Federal Home Loan Bank of Seattle said President and Chief Executive James Gilleran will leave the bank April 30. The Seattle bank, a wholesale lender to member institutions to make home loans, said Chief Operating Officer Richard Riccobono will ... Read more...


Home loan

Home Loans - Equity, Refinance, Mortgage & Auto | LendingTree
Online loan center featuring mortgage, auto loan/lease, home equity, credit card, personal loan, and debt consolidation services.

Quicken Loans - Home loans, Refinancing, Interest-only options
Compare, pre-qualify, and apply for home loans, home equity, and mortgage refinancing.

E-Loan: Mortgage, Refinance, Home Equity, Auto Loans, Savings, CDs
Offers refinancing for home loans, first and second mortgages, home equity loans, and lines of credit.New and used car financing also available.

Freddie Mac's Homepage
Stockholder-owned corporation chartered by Congress to increase the supply of money that mortgage lenders can make available to homebuyers and multifamily investors.

Home Loans, Refinancing, New Home Financing: GMAC Mortgage
With information on refinancing, reverse mortgages and first time home buying.

Ditech.com - Official Site
Offers first mortgages, fixed rate second mortgages, variable equity lines of credit, and no closing cost option equity seconds.

Mortgage: Quotes, Rates, Loans & Refinance by National Mortgage
Provides quotes from mortgage companies in your local area.Also offers mortgage guides and calculators.

Mortgage, Refinance, and Home Equity Loans - GetSmart.com
Resources and referral services for mortgages, debt consolidation, credit cards, auto and student loans, and business financing.

Loan Guaranty Service, Home Page (U.S. Department of Veterans Affairs)
Department of Veterans Affairs site offering information about eligibility, forms, lenders, and more.

Mortgage Refinance and Home Loans - Ameriquest
Specializing in refinancing and home purchase loans with branch offices nationwide.