27th March 2006
House hunting can be an exhilarating process as you try to pick that perfect property. Applying for a mortgage isn't nearly as much fun. Following is an overview of how the mortgage industry works.
An Overview of the Mortgage Process
You have a nic...
09th March 2006
The federal national mortgage association, better known as Fannie Mae, is an integral part of the mortgage industry. Here's an overview on Fannie Mae and what it does.
Fannie Mae – Providing A Little Help
Throughout the history of the United State...
09th March 2006
The reputation of Alan Greenspan as the Chairman of the Federal Reserve was one of brilliance or incredible luck. Now it is the turn of Ben Bernanke.
Ben Bernanke
Alan Greenspan reigned as Fed Chairman for nearly 20 years. During this time, the eco...
09th March 2006
The Federal Housing Administration has been helping Americans get loans for over 70 years. Here's an overview of the Administration, better known as the FHA.
Federal Housing Administration
The Federal Housing Administration is, ironically, more of a...
09th March 2006
The housing boom of the last seven years has been one of the biggest ever. Mortgage-backed securities are one reason for the torrid pace of real estate growth.
Understanding Mortgage-Backed Securities
A mortgage-backed security is essentially a bond...
09th January 2006
House hunting can be a brutal affair, particularly if you don't know what you can afford before hand. No your price range in advance and you can avoid looking at really nice homes you'll never get.
Mortgage – Monthly Payments
The biggest costs ass...
09th January 2006
Whether buying or selling a home, the real estate transaction process can be seriously stressful. Hey, no pain, no gain. Getting pre-approved for a mortgage can seriously reduce stress levels.
Lender Approval
Many people make the mistake of going h...
07th January 2006
Homeowners often become very interested in the Federal Reserve Bank system. Every time the board of directors meets, mortgage interest rates are at risk.
Federal Reserve Bank
The Federal Reserve System acts as the central bank of the United States. ...
07th January 2006
No one person has been praised or criticized for the economic progress of the United States over the last 20 years than Alan Greenspan. Here's his story.
Alan Greenspan
Alan Greenspan has led a prolific life in the financial industry. Many people c...
07th January 2006
Undoubtedly, you've heard the radio commercial claiming you can get a mortgage despite having bad credit. Bad credit mortgages are better known as subprime mortgages.
Subprime
"Subprime" is a euphemism for a borrower who simply doesn't qualify for ...
20th December 2005
When applying for a home loan, it can be difficult to ascertain your options and the best deal out there. Mortgage brokers can help you shop for the best loan for your situation.
Mortgage Brokers
A mortgage broker is an independent professional ass...
20th December 2005
Using a mortgage broker to shop for home loans can make the borrowing process a lot less stressful than doing it yourself. Here are the nuts and bolts on getting a good broker.
Competent Mortgage Brokers
There are a couple of obvious situations wher...
20th December 2005
In this modern economy, lenders provide loans tailored to just about any situation. Balloon loans are one such loan, but carry a serious downside if you're not careful.
Balloon Loans
A balloon loan has nothing to do with hot air or floating around ...
16th December 2005
As interest rates continue to creep upwards, many home owners are looking at refinancing options. Here are some mortgage refinancing tips.
Mortgage Refinancing Tips
Rates have been increasing steadily for the last six months. These increases are ex...
16th December 2005
When it comes to mortgages, many people tend to look at points and interest rates as to separate issues. In fact, they can almost always be used as leverage against each other.
Points and Interest Rates
Two critical components of a home loan are th...
