First Time Mortgages

“As time goes on, they become a bigger and bigger percentage of the total, so that helps bring the rates down as well,” Martin said. All but eight states saw their mortgage-delinquency rate decline in the first quarter versus the last three months of last …
Late payments on mortgages decline in first quarter – Seattle Times

The value of new mortgages advanced was 22 per cent lower than for the same three months last year and 29 per cent lower than the final quarter of last year. First-time buyers and mover-purchasers accounted for 79 per cent of new mortgages issued in the …
Mortgage lending down by 19% – Irish Times

But the housing market today is unpredictable which raises the question: how will the unstable housing market affect first-time homebuyers as they … that housing costs extend beyond the monthly mortgage payment; maintenance costs, furnishings …
Taking the Plunge: Considerations for First-Time Homebuyers in Today's Housing Market – Huffington Post

A NEW States loan scheme to help first-time buyers to get onto the property ladder could actually leave some Islanders unable to secure a mortgage, a leading finance expert has warned. Earlier this week it was revealed that ministers were drawing up plans …
States loan move ‘may not help the first-time buyers’ – Jersey Evening Post

Local Lend a Hand, which launched in branches of Lloyds TSB from January 2012, lets first time buyers purchase a home with a minimum deposit of just 5% of the purchase price, with the help of Hastings Borough Council. The fixed rate mortgage …
FIRST-TIME BUYERS starting to get on the ladder THANKS TO HASTINGS Borough COUNCIL and lloyds tsb – eGov Monitor

Mortgage lenders are tightening up. Recent rate hikes and lending restrictions means loans are being pulled further out of reach for first-time buyers, as well as those moving or remortgaging. Yet one lender is bucking the trend. Today Nationwide announced …
Nationwide bucks tough mortgage lending trend – money.aol.co.uk

OK, maybe it's not as jaw-dropping as crashing the 5% or the 4% barrier. But Freddie Mac says 30-year mortgage rates have fallen below 3.8% for the first time to average 3.79%, down from a then-record 3.83% a week ago. The 15-year fixed loan …
Freddie Mac: 30-year fixed mortgage hits new record low at 3.79% – Los Angeles Times

Latest figures from unbiased.co.uk's Advice Drivers report show that first time buyer enquiries rose from 37% in March to 39% in April 2012, and is the number one advice driver for consumers looking for whole of market mortgage advice according to …
Appetite for first time buyer advice rises – myintroducer.com

I am a first-time homeowner and just received a $5,000 tax refund. Is there a way to use it to lower my mortgage payment (not the length of time I pay)? As a first-time homeowner, I'll forgive you for getting a $5,000 tax refund. Many people don …
Use tax refund to cut my mortgage payment? – Yahoo Finance

Lending to first-time buyers surged almost 75 per cent during March in a rush to beat a deadline for the end of a stamp duty concession, figures showed yesterday. The Council of Mortgage Lenders (CML) said 24,000 loans worth a combined £3 billion were …
Lending to first-time buyers surges – This is Gloucestershire