things
5 Things You Should Ask Your Mortgage Broker
There are a couple significant reasons behind the current crisis in our mortgage market. One is that mortgage brokers haven’t been giving borrowers enough information to make an informed decision. The bigger issue is that borrowers haven’t been asking the right questions! And how are they even supposed to know what to ask? School doesn’t [...]
Basic Things You Can do to Stop Foreclosure Now
If you want to stop foreclosure now there are many things you can request to the bank or lender if you want to keep your home. The things you can do include a reinstatement plan, repayment plan, loan modification, loan refinance, loan forbearance, and more. If you really want to keep your home you should [...]
Forewarned is Forearmed with Arm Resets: 3 Things You Should Know About Arm Resets
With ARM resets having taken place and scheduled at some point in the future once more, people must take steps to prepare their finances for any undesirable change in mortgage rates. In this case, forewarned is still forearmed and you should start by familiarizing yourself with commonly used terms associated with ARM resets.
RESET
If 2006 or [...]
Things To Consider When Choosing A Fixed Rate Mortgage
Considering whether you need a 30 or 15 year fixed mortgage rate is important for people looking to buy a home and concerned about their monthly payments. Of course the goal for most people with a mortgage is to pay it off early and save themselves a great deal of money in interest repayments. However, [...]
A Condo or a House? A Few Things to Consider
When you are looking at buying a residence, one of your considerations is whether to buy a home or a condo. These are some of the main issues to weigh when deciding which one is right for you.
Location:
Often in most markets, location can be improved if you get a condo over a house. [...]