Search for Article...
3 February 2011
With the current low interest rates, it seems like everybody is refinancing.If you haven't started the process (or even if you have!), check out these five mortgage myths.
Read more
4 September 2010
A lot of homeowners would love to refinance at today's rock-bottom rates but can't because they're underwater on their mortgages.One possible solution: borrowing from a 401k plan to pay down the difference.
Read more
19 August 2010
Checking your credit score is one of the first things borrowers are urged to do when shopping for a mortgage.But these days, you need to know which type of credit score you're getting.
Read more
16 July 2010
The U.S.Senate passed a sweeping financial reform bill on Thursday, establishing new rules for mortgages as well as imposing new regulations on Wall Street and providing enhanced protections for consumers and investors.
Read more
23 June 2010
Mortgage rates are way down again - and refinancing is up.If you missed out on last year's ultra-low rates, are your chances any better of refinancing this time around?.
Read more
7 May 2010
An appraisal isn't something most homeowners worry about.When you buy a home, the lender typically arranges for an appraisal and the buyer pays for it, but otherwise, it's not something that most homeowner pay a lot of attention to.
Read more
9 April 2010
Recent college or university graduates are not usually considered prime candidates for home ownership.But for those fortunate few for whom buying a home is a realistic possibility, there are a few programs available that can help you out.
Read more
27 March 2010
Should you pay off your mortgage early? If you've come through the recent economic crisis in a position to be able to make additional payments on your home loan, this may sound like an attractive option.
Read more
17 March 2010
With sharp declines in home values leaving millions of homeowners "underwater" on their mortgages, there is a growing clamor that many such borrowers would be better off to simply walk away and let their property go into foreclosure.
Read more
13 March 2010
Thinking about buying a second home? If you've been fortunate enough to come through the economic downturn relatively unscathed, you can get some real bargains on vacation properties these days.But getting a mortgage may be a challenge, even if your own finances are in good order.
Read more
12 March 2010
In the current real estate market, lots of potential home buyers are looking to pick up a great deal.But beware - some deals that look great on the outside could have a rotten core.
Read more
4 March 2010
So you're taking out a mortgage, but can't put up a 20 percent down payment.Are there still ways you can avoid paying PMI?.
Read more
26 February 2010
Of all the strategies out there to avoid foreclosure, here's one you may not have thought of: renting out your house.
Read more
25 February 2010
The current foreclosure crisis has created some significant opportunities for those who'd like to try investing in foreclosed properties.But with credit as tight as it is, how can you get financing to buy a property to invest in?.
Read more
29 January 2010
As more homeowners fall behind on their house payments or find themselves "underwater" on their mortgages, many are choosing to simply give up the home through foreclosure or a short sale.Unfortunately, that doesn't always free them from their financial burden.
Read more
21 January 2010
Everyone knows that you need a good credit score to qualify for a mortgage and get the best interest rates.But how are credit scores determined? What, if anything, can you do to improve a poor one?.
Read more
19 January 2010
Suppose you're way upside down on your mortgage.Can you buy another house at today's discounted prices, then simply stop payments on the first one and let it go into foreclosure?.
Read more
3 December 2009
Homeownership offers a variety of ways to save money on your tax bill, including the mortgage interest and property tax deductions, as well as others for home improvements, a home office, energy credits and more.
Read more
28 November 2009
Should you walk away from your mortgage? It's a question many homeowners as pondering, as falling home values have left as many as one-third of those with mortgages "underwater," owing more than their property is worth.
Read more
1 October 2009
With the economy in the shape it is, a lot of people need help in obtaining a loan modification or pursing other steps to avoid foreclosure.
Read more