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- Federal Reserve Rates Cut - In A Nutshell
- Home Sales Up in July
- Mortgage Rates Fall to Lowest Point Since May
- Six Reasons to Refinance
- Homeowners Caught In Mortgage Meltdown “Perfect Storm”
- Free Credit Report Scams - What to Watch For
- Must-Ask Questions for Your Mortgage Lender
- Option ARMs - Confusing Options
- Why Refinance Your Home Mortgage?
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Must-Ask Questions for Your Mortgage Lender
Posted at 6:52 pm | Filed Under Uncategorized
Elizabeth Weintraub, About.com’s Guide to Home Buying / Selling says:
Before you commit to a lender, ask these top 10 questions. If you don’t like the answers you receive, continue shopping for a loan until you find a mortgage broker / lender with whom you feel comfortable.
1. Which Type of Loan is Best?
Reputable lenders will find […]
Option ARMs - Confusing Options
Posted at 6:39 pm | Filed Under Uncategorized
An option adjustable-rate mortgage is a complex type of hybrid mortgage originally designed for a narrow segment of people: sophisticated borrowers with inconsistent incomes. But because an option ARM has such a low initial payment, it became popular during the housing boom, with about $250 billion in option ARMs issued during the past three years.
More […]
Why Refinance Your Home Mortgage?
Posted at 7:23 pm | Filed Under Uncategorized
Refinancing a home mortgage may help you to either get cash and lower your monthly payment. For most, homes are the single largest asset one owns; this makes mortgage payments the largest budget expense.
There are several ways to lower your monthly payment and put cash in your pocket even if you cannot qualify for a […]