Archive for May, 2008
Sometimes life can just deal you a bad hand. If you’re in a situation where your house is worth less than what you owe on it, you have what is called negative equity. There are a lot of ways that you …
More: continued here
You’ve probably seen those eye-catching online ads promising to help you secure a lower mortgage so you can save money on your monthly bills. Those who entered their information as directed realized …
More: continued here
Although having some debt is good for your credit score, if you’re overwhelmed by your monthly bills that’s not a good position to be in and you need to take action. The question is what type of acti…
More: continued here
Slowing foreclosures have given a spark of optimism to investors on Wall Street who see the trend beginning to slow down. For the last year the foreclosure rate has steadily risen month by month over …
More: continued here
What you need to know to save money with the increasing rates.
There is an estimated two million 3 and 5 year adjustable rate mortgages (ARMs) set to adjust in coming months. The adjustable r…
More: continued here
For various reasons, many homeowners find they need to take out a home equity line of credit or refinance their current mortgage. This usually means more fees, more documents to sign and store and g…
More: continued here
There are three major types of home mortgages - fixed-rate mortgages, adjustable rate mortgages and alternative or combination mortgages. Each of these has its benefits and disadvantages along with di…
More: continued here
Deciding to apply for a home loan refinance is a decision that can best be made by the individual homeowners after reviewing all the facts and identifying all the financial implications.
Why shoul…
More: continued here
House prices have seen an almost unprecedented and steady decline. Many analysts predict that this fall will continue meaning that a lot of homeowners will not have the kind of equity in their homes t…
More: continued here
Like many homebuyers who bought a home using an adjustable-rate mortgage in recent years, James Legendre, found it was more challenging…
More: continued here





