Are Reverse Mortgages really that good a choice? The major concern with a Reverse Mortgage is that of high costs. There are various reasons for which people decide to take this financial
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Jumbo Mortgage Rates
Comment Off 95 ViewsWhat is a jumbo loan? As the very name suggests a Jumbo Loan is one that exceeds the conforming loan limit. The amount of money that you can borrow is above the average: hence the name
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Fixed Rate Mortgages
Comment Off 51 ViewsIf we pay so much importance to trying on shoes before we buy them to make sure they fit, we should pay all the more attention to loans. “Trying on” various loan types means shopping around,
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Adjustable Rate Mortgages
Comment Off 33 ViewsOne way of classifying mortgages is by the type of interest rate, i.e. fixed or adjustable. For an adjustable rate mortgage or ARM, the interest rate varies, which means that your due monthly payment
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Mortgages
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A Possible Second Housing Bubble – an Unknown Risk Raising Concern
68 Views
A study released by TransUnion on Thursday shows that the fear of a second housing bubble is
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Things You Should Know About Second Mortgages
33 ViewsThis is a type of loan that speaks its name: it is contracted after another home loan. But of
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Huge Drop in Foreclosure activity: lowest level in 6 years
31 ViewsThe foreclosure filings in 2013 have reached the lowest level in six years, despite an increase
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Quick View
Toll Brothers Revenue Grows, As More Units Are Sold
3761 ViewsToll Brothers Inc., a home building company based in Horsham Pennsylvania, announced a 29 percent increase in its quarterly revenue due to the sale
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Housing Market Projects Are Looking Brighter for the Spring
2819 ViewsUnemployment, the high cost of just about everything and bills piling up to the sky..We have been facing all these problems for awhile now. The
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US Construction Spending on a Record Rise Despite Sluggish Economy
1669 ViewsU.S construction data shows an unusual rise in spending despite the overall slowdown in the economy. Construction spending surged to an annual rate
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Varying Views of Economists on Falling Oil Prices for Home Construction
1323 ViewsFalling oil prices on housing has been one of the most controversial topics for economists. They view such idea from different perspectives. Some
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Peak Sales for Existing Home in July 2014
65 ViewsSo far this year, July registered peak sales for existing homes, according to the National Association of Realtors® (NAR). Sales increased 2.4% from
Read more ...Why is credit score important?
67 ViewsWhy can some people get a loan easily and others don't? This is a big question given the fact that lots of people are rejected or sold loans on very
Read more ...Varying Views of Economists on Falling Oil Prices for Home Construction
1323 ViewsFalling oil prices on housing has been one of the most controversial topics for economists. They view such idea from different perspectives. Some
Read more ...Fixed Rate Mortgages
51 ViewsIf we pay so much importance to trying on shoes before we buy them to make sure they fit, we should pay all the more attention to loans. “Trying
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Modifications in mortgage interest deductions to stimulate homeownership!
203 ViewsIndustries that employ middle-class workers promote homeownership thanks to the mortgage interest tax deduction. There is also broad public support
Read more ...Credit Card Debt Consolidation – The Basics
172 ViewsLoan Requirements for Credit Card Consolidation A few basic concepts and aspects need to be clear before you attempt consolidation for credit card
Read more ...Buying a house that is NOT for SALE!
109 ViewsUnsolicited offers on your home: how would you respond to that? Buying your dream house may not be piece of cake at all, particularly when you're
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Disaster Areas – Home Loans and Appraisals
141 ViewsQuestion: What are the documentation requirements after the appraisal is completed for a subject property situated in a disaster
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