27th October 2008
Substance abuse long ago reached epidemic proportions in America. It is a complicated health condition requiring both physiological and psychological treatment. Most abusers think they can stop on their own, but the majority of those who try don’t succe...
17th August 2008
I won’t be able to change the nomenclature of the medical profession but I refer to myself as a client, not a patient. By definition, a patient is “One who receives medical attention or treatment.” The archaic meaning was “One who suffers,” from...
17th August 2008
One thing I’ve noticed since being diagnosed with cancer is the animosity between conventional and alternative approaches to the disease. It can be quite contentious, no doubt because the stakes are so high. The lines are drawn: Western vs. Eastern; big...
17th August 2007
Adjustable rate mortgages (ARMs) have been a popular form of mortgage financing in recent years. These mortgages start out at low rates for a set period; then adjust along with the index to which they are tied. As interest rates go up, so do the monthly p...
17th August 2007
A second mortgage is a mortgage taken out in “second position” on a property that already has a mortgage. A second mortgage will give you a fixed amount of money repayable over a fixed number of years.
Get better interest rates with a second mortg...
16th August 2007
Refinancing as a way to improve a bad credit situation is nothing new. What is new is the range of refinancing options now available to homeowners. Here are the three most popular types of non-traditional bad credit mortgages:
1. Interest-Only Mortgage...
13th August 2007
When deciding whether to take out an equity line or a home loan, CNNMoney advises consumers to consider their goals, payment schedule, spending habits and risk tolerance.
“A HELOC … gives you more repayment flexibility and lets you borrow only the ...
08th August 2007
Three out of four borrowers who enter the foreclosure process leave it through something other than a forced foreclosure sale or auction. They bring their loans up to date through payment arrangements worked out with the lien holders; they refinance their...
03rd August 2007
Debt consolidation involves transferring the balances from multiple accounts with relatively high interest rates to one account with lower interest. A debt consolidation loan does not reduce debt so much as restructure it in beneficial ways.
Debts are...
26th July 2007
Arizonians are among the millions of homeowners who have taken out almost $2.8 trillion in home equity loans in the last five years. Freddie Mac estimated that borrowers cashed out $170 billion of their home equity in 2006 alone. In 2005, the figure was a...
26th July 2007
Bankruptcy attorneys estimate that one in every 53 U.S. households filed for bankruptcy in 2005. Most of these people didn’t lose the farm in Vegas or drink away their life savings. Chances are their financial problems stemmed from one of three sources:...
26th July 2007
A debt consolidation loan allows you to pay off your outstanding bills like credit cards and unsecured loans. It will simplify payments and probably lower your interest rate and monthly payments. This new loan doesn’t reduce your debt; it just restructu...
25th July 2007
Home equity loans remain a preferred source of consumer credit. Home equity loans can give you a lump sum of cash at relatively low interest rates, along with certain tax advantages not available with other kinds of borrowing.
Some home equity loans c...
20th July 2007
Million of Americans have credit problems. Those who own homes can use a mortgage refinance to help with credit repair. Mortgage refinance involves taking out a new mortgage to pay off the original loan. Depending on your equity, the new mortgage can be ...
19th June 2007
Refinancing your Arizona mortgage could save you thousands if interest rates have dropped by a percentage point or more since you got your first mortgage. It is an easy way to tap into equity to remodel your home, buy a new car, or pay off high interest c...
