http://www.brightlighthomeloan.co.uk The simple guide to home loans Sat, 27 Sep 2008 12:35:37 +0000 http://backend.userland.com/rss092 en With so much focus on the market conditions and home loans, it is easy to see that the credit crisis has a long way to go before it is done. Home loans are harder than ever to get because there are very few people who are willing to take on ... http://www.brightlighthomeloan.co.uk/homeloans/home-loans-harder-than-ever-to-acquire-for-those-with-poor-credit/ Giant US lender Freddie Mac is still having home loan problems and many are wondering just how long the lender can go on bleeding cash. Although the home loan company has received help from the federal government, it does appear as though they are dealing with more defaults on home ... http://www.brightlighthomeloan.co.uk/homeloans/freddie-mac-home-loan-problems-continue/ While there is much bad news in many housing sectors, it does appear that in some cases, home loans are holding steady. The biggest improvement is in buy to let dwellings, since the rental property market is growing at this time. Although rates for home loans are higher, there are ... http://www.brightlighthomeloan.co.uk/homeloans/some-home-loan-markets-holding-steady/ As the economy continues to suffer and the cost of living continues to rise, many with home loans are finding it harder to keep up. Foreclosures remain high and even people that thought they would be able to keep making payments on their home loans are finding that in the ... http://www.brightlighthomeloan.co.uk/homeloans/cost-of-living-adversely-affecting-home-loans/ Consumers may soon have access to better rates on home loans as more banks across the UK begin lowering their rates. There are several deals on home loans currently available and many lenders are trying to increase their amount of new home loans by offering incentives. A Nationwide spokeswoman says: "One ... http://www.brightlighthomeloan.co.uk/homeloans/better-deals-on-the-way-for-home-loans/ Falling housing values mean more bad news for the home loan industry and unfortunately, it does not appear as though it will be getting better any time soon. For those seeking a new home loan, the lower prices are ideal, but few can find lenders willing to offer a new ... http://www.brightlighthomeloan.co.uk/homeloans/property-values-continue-to-affect-home-loan-market/ The Council of Mortgage Lenders is pushing for the availability of more home loans, and has a few plans to make that happen. They announced these ideas this week to improve the home loan market. Many have wondered how to fix the home loan problem, and the CML feels that ... http://www.brightlighthomeloan.co.uk/homeloans/new-home-loan-plan-pushed/ The Bank of Ireland announced this week that they will no longer offer their 100% home loan program. This is a big disappointment to first time buyers trying to secure a home loan, especially if they have not put aside enough money to handle a down payment. However, this type ... http://www.brightlighthomeloan.co.uk/homeloans/home-loan-program-dropped-in-ireland/ Those seeking a new home loan may want to wait a few months until the market comes back to normal according to experts. Right now, it is very difficult to get decent terms on a home loan and consumers that don’t wait will be forced to pay higher rates and ... http://www.brightlighthomeloan.co.uk/homeloans/home-loan-rates-going-up-yet-again/ First time home buyers are finding that it is increasingly difficult to get home loans a banks raise the rates and make the application process tougher. Home loans for first time buyers are generally seen as more risky and many banks simply do not want to put themselves at any ... http://www.brightlighthomeloan.co.uk/homeloans/home-loans-tougher-for-first-time-buyers/