Understanding Re-Financing
Even though rates have been rising in the last few years, homeowners still have many reasons to refinance their home loans. The main reason is debt consolidation, whether you are combining credit card debts with your home mortgage or if you have more than one home loan. You can also refinance to a lower [...]
May 05 2009 | Mortgage & Home Loan | No Comments »
The Decision To Re-Finance
The decision to refinance a home loan is mainly aimed to save some money on the home loan . With a refinance you would have a lower monthly payment, as the interest rate would be low . Recently refinance home loan companies have come up with refinance offers like no cost refinance [...]
April 28 2009 | Mortgage & Home Loan | No Comments »
Mortgage applications on rise – Arlington Heights Daily Herald
Mortgage applications in the U.S. rose last week as lower borrowing costs encouraged more homeowners to refinance loans. The Mortgage Bankers Association?s index of applications to purchase a home or refinance a loan increased 5.3 percent to 1,172 …
Home prices gain 0.7% in Feb. – Cincinnati.com
WASHINGTON – [...]
April 23 2009 | Homes Mortgages and Loans in the news | No Comments »
Advantages to Buying a Foreclosure
Right now, many people are considering buying a home. With low mortgage interest rates and low home prices, there are a lot of great deals out there. If you can buy a foreclosure, there are even better deals. Real Estate Pro Articles points out that there are some definite advantages to [...]
April 21 2009 | Homes Mortgages and Loans in the news | No Comments »
Meltdown 101: Is there a downside to mortgage aid? – Associated Press
NEW YORK (AP) — It’s welcome relief for homeowners struggling with mortgage payments. The new federal program to let people refinance or modify their mortgages is expected to help millions of Americans lower monthly payments and avoid foreclosure …
Should you skip your mortgage payment? [...]
April 16 2009 | Homes Mortgages and Loans in the news | No Comments »
Seek Recommendations When Re-Financing
Refinancing is a process in which you pay off one or more existing debts with a new home loan. If you have perfect credit, refinancing is sometimes a good way to obtain a lower interest rate or to convert a variable rate loan to a fixed rate. However, if you [...]
April 14 2009 | Mortgage & Home Loan | No Comments »
How to Increase Equity for Borrowers
The booming real estate market in recent years has led to an intense marketing campaign by lenders to persuade homeowners to borrow against the equity in their homes.
Equity is the value of a home vs. the value of the loan. Several householders nowadays are looking
for ways to increase the value [...]
April 10 2009 | Mortgage & Home Loan | No Comments »
Mortgage applications continue rise – Boston Globe
WASHINGTON – Mortgage applications continued to rise last week, as low interest rates allowed borrowers to refinance their home loans at the lowest rates in decades. The Mortgage Bankers Association said yesterday its seasonally adjusted weekly …
About half of laid-off workers are settling for lower pay – Chicago Sun-Times
Of [...]
April 09 2009 | Homes Mortgages and Loans in the news | No Comments »
A bump in pending home sales – Herald Tribune
An index that tracks signed contracts to purchase previously occupied homes rose in February from a record low a month earlier as buyers took advantage of deeply discounted prices and low interest rates. The National Association of Realtors said …
Help on way for those unable to pay [...]
April 02 2009 | Homes Mortgages and Loans in the news | No Comments »
Refinancing Boosts Mortgage Applications – Tampa Bay Online
WASHINGTON – Mortgage applications surged last week, coming mostly from borrowers looking to refinance at sharply lower rates after the Federal Reserve unveiled plans to buy Treasury bonds and mortgage-backed securities. The Mortgage Bankers …
Mortgage applications surge in week – Boston Globe
WASHINGTON – Mortgage applications surged last week, [...]
March 26 2009 | Homes Mortgages and Loans in the news | No Comments »
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