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29th September 2009
The National Real Estate Perspective
Each month I write an article explaining various aspects of national real estate market trends and the market trends within my local region, the Tidewater/Hampton Roads area of Virginia. Over the last six months I h... Read >
Author: inayat16th September 2009
Thirty year fixed rate mortgages are one of the most popular financing options for homes. There are advantages and disadvantages to a thirty year fixed rate loan. Before deciding if a 30 year fixed rate mortgage is right for you, it is important to unders... Read >
Author: Mike Cole02nd September 2009
For those of you who are new to mortgages or new to the process of applying for a home loan, this article will be a valuable resource to introduce you to the basic fixed rate mortgage. This is one of the easier mortgages to understand and also relatively ... Read >
Author: Brian Armstrong10th August 2009
The 40 year mortgage makes monthly home payments more affordable, especially in areas where the real estate prices have skyrocketed. It is an attractive tool for homeowners who might otherwise be priced out of the housing market entirely.
In order to ... Read >
Author: Marcilio David05th August 2009
The 40 year mortgage makes monthly home payments more affordable, especially in areas where the real estate prices have skyrocketed. It is an attractive tool for homeowners who might otherwise be priced out of the housing market entirely.
In order to ... Read >
Author: Marcilio David28th July 2009
Bad credit mortgage loans make the American dream of home ownership a possibility even for people with less than perfect credit scores. Subprime loans (also called second chance lending) are usually granted to people with credit scores of less than 680. ... Read >
Author: Marcilio David25th July 2009
Bad credit mortgage loans make the American dream of home ownership a possibility even for people with less than perfect credit scores. Subprime loans (also called second chance lending) are usually granted to people with credit scores of less than 680. ... Read >
Author: Marcilio David10th March 2009
No matter if you are trying to mortgage your home or trying to buy a home, you must know in the market today the two most common mortgage rates known as a Fixed Rate Mortgage (FRM) and the Variable or Adjustable Rate Mortgage (ARM).
There are many bene... Read >
Author: Liza18th February 2009
What happens when stores have too much inventory? They have a sale, of course! It could be more than a price reduction. Perhaps they'll offer buy one get one free deals, or buy this sofa and get a free coffee table.
The world of new home real estate i... Read >
Author: Nelson Stewart16th February 2009
One way or the other most of us have mortgaged our home and in these crunching times, it’s more and more difficult to pay our annual percentage rate or APR. However, current trends indicate that mortgage rates have been dropping to record lows. Now is a... Read >
Author: Robert Palmer03rd February 2009
Mortgage rates for the most part held steady this week. The 30 year rate dropped from 5.12 to 5.10. Rates are still at historic lows. The rates for the last month have all been below anything we have seen in the last 40 years since we started tracking ... Read >
Author: Robert Palmer20th January 2009
A debt free house is every homeowner's dream. But how do you pay off a mortgage fast?
"There are few things in this life that equal the sensation of being paid up." - Kin Hubbard, Abe Martin's Back Country Sayings, 1917
I'll never forget my disbelie... Read >
09th January 2009
Your FICO score determines the interest rate you'll pay for a home mortgage or a car loan - the higher the score, the better the rate offered. But the minimum score to obtain the best rates has gone up, while the average consumer's score has remained stat... Read >
Author: Mike Clover08th January 2009
Different Mortgage Products and Their Terms
Knowing full well that one size does not fit all when it comes to home mortgages, the lending industry has devised a number of different loan products that enable the majority of loan applications to qualify fo... Read >
Author: Lender41118th December 2008
Are you a good borrower who has struggled recently with late mortgage payments because your adjustable loan was reset to a high rate, or because of a temporary financial hardship?
The good news is that you may be able to take advantage of an FHA Secur... Read >
Author: Rick Smith08th December 2008
There is a fixed rate mortgage loan for every budget. Often people are renting their homes because they feel they cannot afford to buy a home, which isn’t true. If you can afford a rent payment every month, then you can afford to take out a mortgage and... Read >
Author: Jimmy Chuang23rd October 2008
Mortgage interest rates moved down this week. 30 Year rates feel back below 6 dropping from 6.10 last week to 5.94. 15 Year rates all fell quite a bit going from 5.78 last week to 5.63 this week. Below are rates for the major mortgage products for the ... Read >
Author: Robert Palmer21st October 2008
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Scenario:
I locked a fixed rate mortgage with XYZ Company for 6%. The closing costs came out to be 5.5K and no additional fees or points were charged.
When I got the Truth-in-lending disclosure, the APR came out to be 6.85%. I called my lender... Read >
Author: Samantha21st October 2008
In an ideal world, everyone would have lump sums of cashing floating around and have the ability to just drop $100,000 down on a house or $25,000 down on a new car. We can't all be rich, but the United States allows us to live like we are through a system... Read >
Author: MIKE SELVON13th October 2008
Experts agree that if the government does not bailout certain players within the financial industry by passing the $700 billion bailout plan, the already bleak looking housing market will only get worse. The numbers of people facing property repossession ... Read >
Author: Robert Palmer08th September 2008
Contemplate 1934.
America is swallowed up in The Great Depression. Out of every ten households, only four own their own homes.
The normal mortgage is limited to 50% of the home's value. If you want to buy a home, that means you must come up with a 5... Read >
21st August 2008
Profit from these 8 valuable steps to finding the best mortgage lender. Learn why searching for a mortgage company has changed and effective ways for protecting your credit from too many searches.
Friends ask me all the time how to find a mortgage lend... Read >
29th July 2008
Mortgage Broker vs. Mortgage Banker (aka Direct Lender) – Which is better?
If you have ever financed the purchase of a home or refinanced such a loan, chances are that you used the services of a mortgage banker or mortgage broker.
What’s the d... Read >
Author: A Ferguson01st May 2008
There are numerous ways with which you can save thousands of dollars in interest. Who wouldn't want to amortise their mortgage loans as fast as possible with little interest paid? Here are some tips to reduce your mortgage loan and save on the interest pa... Read >
Author: Equity Plus 04th April 2008
We have all become a little complacent about the six percent mortgage interest rate; it has been there for quite a while now. No need to jump on it - yet - let's see what the realty market is doing.......is this your take on it?
Well, one of the country'... Read >
Author: Mark Hostetler28th March 2008
We believe the headlines are wrong about Las Vegas Real Estate. As a consumer or investor interested in Las Vegas Real Estate, we would recommend turning off that constant drumbeat of negative media about Las Vegas Real Estate. And, ignore the big picture... Read >
Author: John Sern23rd January 2008
There are cities in the U.S where apartment rents are as high, or higher than house payments – but Atlanta apartments and communities are not among them. In fact, there are plenty of great deals in terms of affordable apartments in Atlanta today, and ma... Read >
Author: Anne Harvester30th October 2007
When it comes to home mortgage financing, there are plenty of options. When you talk to your mortgage lender about the possible financing options, get detailed explanations about how each financing program works and get those explanations in writing.1. Co... Read >
Author: Liz Lunn27th September 2007
The financial markets have been going through a difficult time over the past few weeks. We have watched the Dow Jones Industrial Average post some large swings including days when it moves several hundred points in a single day. The financial markets ar... Read >
Author: Julie Jalone13th September 2007
An all too familiar site continues on courthouse steps across the state of Virginia as homes in foreclosure continue to go on the auction block. Earlier this month it was reported that foreclosure filings in Virginia have increased more then 300 percent t... Read >
Author: Tired Dad Of Four16th 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... Read >
Author: Mike Hamel08th 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... Read >
Author: Mike Hamel26th July 2007
Copyright � 2007 Ed Bagley
A sharp rise in the delinquency of subprime mortgages has caused lenders to tighten up their standards and actually reject applications.
Should you attempt to refinance your present mortgage or seek a new mortgage, your ... Read >
Author: Ed Bagley18th June 2007
For the past few years refinance fever has been struggling with a strong desire to get the lowest possible rate in a downturn environment. Many homeowners chose an adjustable rate mortgage so as to continue enjoying lower rates even in the near future.
... Read >
Author: Kuntal Mehta25th April 2007
AVOIDING EXPENSIVE SPOKANE MORTGAGE MISTAKES
It is clear that most home buyers are more comfortable with the popular 30 year fixed-rate mortgage. However, most of these homeowners do not remain in this Spokane mortgage beyond the first 5 years. This ... Read >
Author: stick parsons12th March 2007
If you are interested in paying less money for your mortgage, you are probably trying to lower your mortgage payment. There are a few different ways you can lower your monthly mortgage payment. You can change the term of your mortgage. Since the balance... Read >
Author: groshan fabiola05th March 2007
It is simple mathematics: Most homeowners are only comfortable with a 30 year fixed rate mortgage. Most homeowners do not have their mortgage for longer than 5 years. Therefore, most homeowners are paying thousands of dollars in additional interest just b... Read >
Author: Michael Sanborn09th February 2007
What is Negative Amortization?
The term "negative amortization" refers to the potential for your loan amount to increase over time - in other words, you might have reverse or "negative" amortization. These loan programs allow you to pay less that the f... Read >
Author: Jim Kemish26th June 2006
What Is A Mortgage?
Mortgages.
The mortgage industry is a big and influential field, affecting the lives of a large number of the population. Like many other specialist fields, the mortgage industry has its own language; it is sometimes difficult to e... Read >
Author: Ian Major20th February 2006
No bubble-bursting is in sight for real estate sales in this new year of 2006. This is now expected to be the second best year in history for residential property sales, according to analysts at the National Association of Realtors. "Home sales are coming... Read >
Author: Jim Woodard09th December 2005
If you're getting ready to apply for your first home loan, you're going to need to understand the home loan basics.
Home Loan Basics
When you go to apply for a home loan, you need to understand the terminology. Let's start with the most basic of te... Read >
Author: Dan Lewis24th November 2005
The most popular method of financing a home purchase is with a mortgage. This is a loan that is secured over the home.
There are a number of different mortgage suppliers and you will have to shop around in order to get the best deal. Given that your hom... Read >
Author: Joseph Kenny
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