Archive for May, 2008



Negative Equity - Is Refinancing an Option?

Saturday 31 May 2008 @ 4:05 am

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 …

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Mortgage Industry Evolving

Saturday 31 May 2008 @ 3:05 am

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 …

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Consolidating Debt into a Mortgage

Saturday 31 May 2008 @ 3:05 am

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…

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It’s The Income, Stupid. Thoughts On Fixing The Subprime Mortgage Crisis

Saturday 31 May 2008 @ 3:05 am

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 …

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Adjustable Rate Mortgages are On the Rise

Saturday 31 May 2008 @ 2:05 am

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…

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What is an All-in-One Mortgage?

Saturday 31 May 2008 @ 2:05 am

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…

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3 Types of Home Mortgages Available to Buyers

Saturday 31 May 2008 @ 2:05 am

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…

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Home Loan Refinance : How To Decide When You Should Apply One

Saturday 31 May 2008 @ 2:05 am

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…

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The Impact Of House Prices On Debt Settlement

Saturday 31 May 2008 @ 2:05 am

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…

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Rules are tighter, but many homeowners get still qualify to refinance (Seattle Times)

Saturday 31 May 2008 @ 2:05 am

Like many homebuyers who bought a home using an adjustable-rate mortgage in recent years, James Legendre, found it was more challenging…

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