Arkansas Mortgage Loan

Regions Financial Corp. says its Midwest Regional President Steve Schenck will retire in June. Schenck has spent 34 years in the banking business, 22 of those years have been in the same building, One Indiana Square. Schenck says while he is stepping away from the banking business he will continue to support the Indianapolis community.

Source: Inside INdiana Business
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Scarborough launches new 2-year fixed rate mortgage deal

With another potential Bank of England Base Rate hike on the horizon, Scarborough is offering borrowers the opportunity to fix for peace of mind – with a market-leading rate to boot.

Launching on Friday, 23 March, the Society's table-topping new limited issue Flexible 2 Year deal is fixed at 4.94% until 30 May, 2009. It is available for both purchase and re-mortgage, with the latter having the benefit of the Society's free legal package.

Tony Burdin, Head of Group Marketing, said: ‘Although there is evidence that confidence is returning to the mortgage market as the traditional Spring house buying season approaches, the prospect of a further Bank of England Base Rate rise in the next couple of months continues to create an element of uncertainty.

‘The issue is compounded by the fact that cheaper fixed rate deals have become fewer and further between as many lenders have been forced to re-price their ranges due to the knock-on effect of the rising cost of funds.

FreeRateSearch.com is First Website to Provide Consumers Mortgage ...

FreeRateSearch.com announces the launch of the first website that allows consumers to anonymously search multiple mortgage loan programs and compare the best rates available for their specific loan requests.

Using search technology previously only employed by a select group of mortgage professionals, FreeRateSearch.com allows consumers to find the best "par rates" -- the rates lenders charge brokers without hidden markups.