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Catherine Brock - MortgageLoan.com | 12/22/2007 - 2:14am
Fancy remodels are becoming a thing of the past, as homeowners and banks become more conservative with their cash.
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Tom Kerr - MortgageLoan.com | 12/13/2007 - 2:12am
Despite the troubles, subprime mortgages and mortgage refinances will likely make a comeback in a more conservatively managed and administered form.
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Greg Mischio - MortgageLoan.com | 12/07/2007 - 2:15am
Thanks to poor lending practices, the subprime crisis has changed the mortgage landscape. Homeowners are now left with a new-but still viable- refinancing market.
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Tom Kerr - MortgageLoan.com | 12/02/2007 - 2:14am
As it becomes increasingly difficult to qualify for a refinanced mortgage, homeowners may want to turn to the Federal Housing Administration (FHA) for help. A new loan program, called FHASecure, is intended to help borrowers at risk of foreclosure to move quickly into more affordable loans.
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Catherine Brock - MortgageLoan.com | 11/30/2007 - 11:23am
When past-due statements are piling up, and you don't want to lose the house, a Chapter 13 bankruptcy might be the right solution.
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Greg Mischio - MortgageLoan.com | 11/15/2007 - 2:13am
In the financial world, there's usually a catch when it comes to a great deal. Subprime mortgages are a great example. These loans, with low-interest introductory rates, have a major catch: prepayment penalties.
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Tom Kerr - MortgageLoan.com | 11/13/2007 - 2:14am
According to results of a study recently released by a group of economists, the best time to refinance may be later, not sooner. Their research indicates that a new "one or two percent rule" may be valuable in predicting the most profitable time for refinancing a home loan.
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Tom Kerr - MortgageLoan.com | 11/04/2007 - 2:19am
A new plan proposed by the FDIC Chairman might do away with the need for subprime borrowers to refinance their loans. Although her recommendation is radical, it could be beneficial for everyone concerned.
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Greg Mischio - MortgageLoan.com | 11/03/2007 - 2:13am
Making money generally requires a lot of hard work. There are, however, some easy ways that you can add a few extra dollars to your wallet. Starting with a mortgage refinance, consider these simple and painless methods for generating cash.
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Catherine Brock - MortgageLoan.com | 10/31/2007 - 2:12am
The current real estate market presents unique problems for the move-up buyer. Experts recommend financing solutions to manage the transition.
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Catherine Brock - MortgageLoan.com | 10/25/2007 - 1:17am
New predictions by Moody's Economy.com put the pressure on homeowners to make their refinancing decisions sooner rather than later.
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Catherine Brock - MortgageLoan.com | 10/20/2007 - 1:19am
Homeowners are struggling to survive as their adjustable-rate mortgage payments are on the rise. Help is out there for the thousands of homeowners who've been put into mortgages that they can't afford.
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Catherine Brock - MortgageLoan.com | 10/18/2007 - 1:19am
A high percentage of borrowers with adjustable-rate mortgage are choosing to refinance to safer, fixed-rate loans.
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Tom Kerr - MortgageLoan.com | 09/30/2007 - 12:54am
Fannie Mae and Freddie Mac are federal agencies with a mandate to support the mortgage markets in the U.S. Now that those markets are in turmoil, some members of Congress want them to support the refinance of subprime and jumbo loans to help relieve borrowers.
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Ellen B. Rosenthal - MortgageLoan.com | 09/11/2007 - 1:12am
In a cash-out refinancing, you take out a new mortgage for an amount that's larger than your current principal balance. You can then use the extra money as you wish. Just make sure that you compare the costs of this type of financing with the costs of a home equity loan before proceeding.
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Greg Mischio - MortgageLoan.com | 09/07/2007 - 1:12am
Making a living as a stockbroker is hardly a walk in the park. To help their clients make successful investments, they must correctly interpret countless market variables. You face a similar challenge if you're trying to pick the perfect time to refinance your mortgage.
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Greg Mischio - MortgageLoan.com | 09/01/2007 - 1:13am
Adjustable-rate mortgages (ARMs) used to be the apple of a homeowner's eye. With their low teaser rates, ARMs offered smaller monthly payments than most fixed-rate products. But today's rising rates and tightening lending standards have turned the apple rotten, and forced homeowners to look at other options, like mortgage refinancing.
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Tom Kerr - MortgageLoan.com | 08/25/2007 - 1:12am
Refinancing is similar to applying for an original mortgage. But people who have never done it before may be unsure of their out-of-pocket costs. To help you plan for your refinance, an understanding of what fees to expect can come in handy.
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Tom Kerr - MortgageLoan.com | 08/21/2007 - 1:12am
Refinancing your mortgage can be a lifesaver, especially if you have an adjustable-rate mortgage that's rising. But before you rush to refinance, answer a few important questions about your situation. The following Q&A might help you avoid difficulty down the road.
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Kristie Lorette - MortgageLoan.com | 08/14/2007 - 1:13am
As interest rates rise, so too does the number of adjustable-rate mortgage holders who are turning to mortgage refinancing as an escape from the insecurity of ever-changing rates. If you choose to shop for a mortgage refinance on the Internet, it's important to take necessary safeguards to ensure a smooth process.
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Catherine Brock - MortgageLoan.com | 08/09/2007 - 1:12am
Newlyweds: If one of you owns a home and a mortgage, be sure that you understand the consequences of how you choose to share the responsibility of home ownership.
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Greg Mischio - MortgageLoan.com | 07/30/2007 - 1:18am
Mortgage refinances have resulted in plenty of rewards for homeowners. But the risks are becoming more complicated as lenders alter programs and find new ways to drive profits. Understand both sides of the coin before committing a penny to a mortgage refinance.
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Danette Pelletier - MortgageLoan.com | 07/21/2007 - 1:12am
Borrowers are refinancing their homes in droves. While this practice can offer many benefits for homeowners, knowing what to expect can help you decide if it's right for you.
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Greg Mischio - MortgageLoan.com | 07/11/2007 - 1:12am
There's a new mortgage refinance loan in town-the renovation refinance loan. This hot new lending product could be the best way to renovate your new home without breaking your personal piggy bank in the process.
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Catherine Brock - MortgageLoan.com | 07/05/2007 - 1:12am
Fixed mortgage rates are inching up, and industry experts are split on where rates are going from here. Can you still afford to refinance your ARM? Can you afford not to?
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Greg Mischio - MortgageLoan.com | 07/03/2007 - 1:12am
Whether you're shopping for groceries or looking for a car, you want options. Shopping for a mortgage loan is no different. And there's no better place to find options for a mortgage refinance than with a mortgage broker.
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Tom Kerr - MortgageLoan.com | 07/01/2007 - 1:12am
The creative use of mortgage refinancing can be a smart way to consolidate debt and manage consumer purchases and personal finances. By tapping into home equity, you can make interest rates and payment schedules work for you, rather than against you.
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Catherine Brock - MortgageLoan.com | 06/28/2007 - 1:12am
When you're on a tight budget, it's natural to put off expensive home repairs. Just don't wait until the roof caves in. A mortgage refinance may be the solution that gets your home back to working order.
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Greg Mischio - MortgageLoan.com | 06/25/2007 - 1:17am
Refinancing is similar to a key to a buried treasure. If it fits your financial situation, it can lead to some significant financial rewards. Consider some of the top reasons why many people refinance, and unlock the power of your home's equity.
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Greg Mischio - MortgageLoan.com | 06/20/2007 - 1:12am
The Internet has replaced the dog as man's best friend-especially if that man is a shopper. On the web, you can find countless products and services at low prices. The same online benefits are also enjoyed by homeowners looking for a home refinance.
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Tom Kerr - MortgageLoan.com | 06/14/2007 - 1:17am
Coming up with the necessary cash to finance a remodeling project can be the hardest part of the entire task. But creative mortgage refinance strategies can provide the right tools for the job, especially in 2007, since property refinancing rates and basic building materials are affordably priced.
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Tom Kerr - MortgageLoan.com | 06/07/2007 - 1:12am
Having equity in your home can be a valuable source of needed cash. Whether you should use a home equity loan or a cash-out refinance to access that equity depends on a number of factors.
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Catherine Brock - MortgageLoan.com | 05/18/2007 - 1:12am
A few years back, low interest rates created a mortgage refinance boom. With homeowners welcoming significantly reduced rates, the decision to refinance was a no-brainer. Now, with rates rising, refinancing is slowing down. No matter-there may still be some solid reasons why a refinance makes sense.
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MortgageLoan.com - MortgageLoan.com | 05/05/2007 - 1:12am
Option ARMs offer unique ways to minimize monthly payments in the beginning of a loan. But many of these mortgages can become so costly, they push homeowners into financial crisis. You can avoid the inherent problems of Option ARMs by refinancing into a less risky mortgage.
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MortgageLoan.com - MortgageLoan.com | 04/26/2007 - 1:02am
Did you know that the federal government can help you make energy improvements to your home? If you've considered remodeling, take the time to learn more about the FHA's Energy Efficient Mortgage (EEM) Program. You might qualify for a higher loan amount to fund energy improvements that will lower your living expenses.
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MortgageLoan.com - MortgageLoan.com | 04/17/2007 - 1:17am
Consumers who refinance their mortgages often pay too much, borrow more than necessary, or refinance when it serves no real purpose. Here are some tips to help you avoid costly mistakes that might otherwise offset the benefits of your refinance strategy.
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Catherine Brock - MortgageLoan.com | 04/12/2007 - 1:23am
As a mobile home owner, you pay interest and build equity just as a traditional mortgage borrower does. Even if your mobile home isn't financed with a mortgage, you can still use a refinance to move closer to your financial goals.
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MortgageLoan.com - MortgageLoan.com | 03/30/2007 - 1:18am
Considering a mortgage refinance? Prepare yourself for an informed decision by knowing when to choose a fixed-rate mortgage and when to choose its adjustable-rate counterpart.
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MortgageLoan.com - MortgageLoan.com | 03/27/2007 - 1:40am
Many homeowners feel stuck between a rock and a hard place now that buyers control the reins of the real estate market. Selling into a falling market is risky; but you can avoid that fate by using a creative mortgage refinance strategy to relieve the pressure.
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Greg Mischio - MortgageLoan.com | 03/11/2007 - 9:51am
When in Rome, do as the Romans do. And when you're shopping for a mortgage refinance, it's financially prudent to know what your loan officer knows-or at least have an inkling of what he's talking about. Understanding the ABCs of mortgage terminology is one way to improve your product knowledge and help you negotiate a better deal.
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Greg Mischio - MortgageLoan.com | 03/08/2007 - 2:51am
Being your own boss can be both a highly frustrating and very rewarding experience. The process of getting a mortgage when you're self-employed serves as a perfect example. It may be difficult to qualify for a home equity loan, first mortgage, or mortgage refinance. However, there are some significant benefits.
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Tom Kerr - MortgageLoan.com | 03/06/2007 - 2:19am
As we enter 2007, homeowners are refinancing their mortgages at the fastest pace in almost two years. For some, it represents a wise financial move. But there are several factors to consider before deciding if a mortgage refinance makes sense to you.
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MortgageLoan.com - MortgageLoan.com | 03/01/2007 - 2:55am
Have you recently done a mortgage refinance? Whether you borrowed to pull out equity or to access lower refinance rates, you've moved one step closer to accomplishing your financial goals. As tax season rolls around, it's important to keep that positive momentum going by understanding refinance-related tax deductions.
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Greg Mischio - MortgageLoan.com | 02/21/2007 - 2:23am
If you're trying to make money by using the "Fix and Flip" real estate investment strategy, don't let the recent rise in mortgage rates bring you down. Since the real estate market has slowed to a crawl in many parts of the country, the "fast cash" from "fix and flip" might not be readily available. But with a cautious approach, there's still money to be made.
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Greg Mischio - MortgageLoan.com | 02/20/2007 - 2:14am
Do you fear the end of the month, when the bills roll in and stretch your budget to its breaking point? If you're feeling a cash crunch, consider these tips for lowering your monthly payments with a mortgage refinance.
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Tom Kerr - MortgageLoan.com | 02/13/2007 - 1:46pm
Refinancing mortgage loans is the most popular way to generate quick and easy cash. As interest rates change, homeowners can use strategic mortgage refinance plans to save more money. There are pitfalls, but if you use home equity loans wisely, you'll reap substantial rewards.
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MortgageLoan.com - MortgageLoan.com | 01/30/2007 - 2:24am
After a series of 17 rate increases, the Federal Reserve has been holding steady. As a result, mortgage rates have begun to fall. Those who wanted to refinance their mortgages for extra cash, or to opt out of adjustable rate mortgages, but hesitated because mortgage rates kept rising, now have a rare window of opportunity.
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Catherine Brock - MortgageLoan.com | 01/29/2007 - 2:45am
Whether it's the right time to refinance your home mortgage depends on a few specific factors, and a hefty amount of your own good judgment. While there's no formula or spreadsheet that will tell you what to do, the following article provides a framework to make your decision-making process easy and efficient.
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Anders Bylund - MortgageLoan.com | 01/23/2007 - 2:04am
There are a few things you can do to ensure that closing day for a mortgage refinance will be free of nasty surprises. Prepare as early as you can, and get assistance.
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Jan Lindsey - MortgageLoan.com | 01/08/2007 - 2:55am
Refinancing can help reduce your monthly mortgage payment, stabilize your interest rate, put cash in your pocket, or help make other debt more manageable. It requires effort, but if a refinance mortgage helps meet your goals, it can be time very well spent.
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Anders Bylund - MortgageLoan.com | 01/01/2007 - 2:23am
As a real estate investor, you should look for the best ways to unlock the value of your investments. The key to increasing your revenues is upgrading. You can find the funds to do this with a mortgage refinance.
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