Archives for Mortgages - Page 2
FHA Mortgages May Be the Way to Go
The Federal Housing Administration (FHA) has seen a surge in demand for its loan products as the cost of other non-FHA loans have increased and their availability has diminished dramatically.…
How do I find an ethical lender for my mortgage?
A reader recently wrote in and wanted to know if ethical mortgage shopping was possible: For a few months now, my fiancé and I have been house-searching for our first…
Introducing FHA HECM Mortgages: A home buying boon for Baby Boomers
Baby Boomers - those Americans born after 1945 - now make up about 30 percent of the United States population, and they are rapidly swelling the ranks of new retirees.…
Should I Refinance? Obama Says Yes.
If you're on the fence about taking the refinancing plunge, you should investigate now. The US Government is giving the real estate market a kick-start, and the time could be…
Mortgage Rates Hit Record Lows
Those wanting to buy or refinance may get the deal of the century at their local bank if they do so soon. Late last year the National Association of Realtors…
Equity Line of Credit: Seek Other Financial Shelter
'œAs long as the music is playing, you've got to get up and dance.' '“ Charles O. Prince, III, former CEO of Citigroup Earlier this year, the HELOC on our…
Real Estate Role Reversal: With reverse mortgage, lender pays homeowner
Reverse mortgages - which are a specialized type of home equity loan available to Americans age 62 or older - offer the homeowner a chance to get paid by the…
No Mortgage Bailout Needed…
Just a simple Law that says ARM mortgages cannot reset from the Teaser rate AND the Base Payment (Principle and Interest, NOT the Interest Rate itself) will increase by 1%…
The American Dream: Paying your mortgage off early.
Dotti Berry, along with her partner, Robynne Sapp, own Harbinger Enterprises, a real estate investment group. In the guest post below, she provides food for thought about how one might…
The Fed Takes On Corrupt Lenders With New Rules and Regulations
The Fed Takes On Corrupt Lenders With New Rules and Regulations The Federal Reserve - which regulates many lending institutions and is taking an ever-widening role in supervising financial institutions…