The equity that reverse mortgage holders have tied up in their homes is being squeezed sharply at present between falling house prices and interest rate hikes resulting from credit market turmoil.
Leader in the reverse mortgage or "home equity release" market Sentinel recently increased its variable interest rate to 11.95 per cent.
Sentinel says it aims to [...]
Read...Related Headlines
- The Good Side of Loan Modification?s Failure, A Buoyant Foreclosure Marketposted 115 weeks ago on Blown Mortgage
- Obamas Loan Modification Success Explainedposted 134 weeks ago on Blown Mortgage
- HAMPs Loan Modification Has Finally Got Movingposted 114 weeks ago on Blown Mortgage
- Refinancing: What Should You Know Before Applying for Loan Modification?s Rich Cousinposted 113 weeks ago on Blown Mortgage
- Loan Modification Scams And The Law, A Brief Overviewposted 114 weeks ago on Blown Mortgage
- Loan Modification Alternatives: Short Sale Your Homeposted 130 weeks ago on Blown Mortgage
- Creative Ways a Loan Modification Lowers Your Monthly Paymentsposted 136 weeks ago on Blown Mortgage
- Loan Modification, DIY or Professionals, which is the best route.posted 142 weeks ago on Blown Mortgage
- Loan Modification or Debt Consolidation, what are the choices?posted 141 weeks ago on Blown Mortgage
- Unemployment Home Loans, Are They A Real Alternative To Loan Modificationsposted 114 weeks ago on Blown Mortgage