|Mortgage & Refinancing Information|
Mortgage & Refinancing Information
More Articles from Mortgage & Refinancing Information:
Mortgage refinance booms are a thing of the past: MBA chief economist National Mortgage News
The era of plentiful refinance volume is over for the foreseeable future, because mortgage rates remained in a very narrow band for the past decade, said ...
Refinance mortgage rate moves higher for Monday Bankrate.com
Refinance rates were mixed, but one key rate ticked up. If you're shopping for a mortgage, see how your payments might be affected.
Kenya launches mortgage refinance firm to offer loans to lenders - Xinhua | English.news.cn - Xinhua
Kenya launches mortgage refinance firm to offer loans to lenders - Xinhua | English.news.cn Xinhua
NAIROBI, May 22 (Xinhua) -- Kenyan President Uhuru Kenyatta on Wednesday launched the Kenya Mortgage Refinance Company (KMRC), a financial ...
Refinance rates ease for Thursday Bankrate.com
Multiple key refinance rates decreased today. If you're shopping for a home loan, see what that means for you.
Mortgage rates move higher for Tuesday Bankrate.com
Multiple closely watched mortgage rates rose today. The average for a 30-year fixed-rate mortgage were higher, but the average rate on a 15-year fixed receded ...
Refinance mortgage rate increases for Saturday Bankrate.com
Refinance rates were mixed, but one key rate ticked up. See what that means for you if you're in the market for a mortgage.
Mortgage rates head down for the third week in a row The Washington Post
A volatile week in the financial markets had little effect on mortgage rates. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate ...
Refinance rates tick lower for Monday Bankrate.com
Several closely watched refinance rates dropped today. If you're shopping for a home loan, see what that means for you.
What homebuyers and refinancers should know about timing mortgage rate movements Bankrate.com
It's important to remember that you have options when it comes to your mortgage and trying to predict interest rate movements. The options, however, get more ...
Mortgage rates are low. Here's how to figure out if you should refinance NBC News
Low mortgage rates have many people thinking about buying a new home or refinancing their current mortgage.
Fannie Mae and Freddie Mac are refinancing fewer mortgages than at any point since the crisis - HousingWire
Fannie Mae and Freddie Mac are refinancing fewer mortgages than at any point since the crisis HousingWire
Recently released data from the Federal Reserve Bank of New York's Center for Microeconomic Data revealed that the first quarter of this year was the mortgage ...
Refinance mortgage rate ratchets higher for Tuesday Bankrate.com
Refinance rates were mixed, but one key rate climbed higher. See what that means for you if you're in the market for a home loan.
Can You Use a Mortgage Refinance to Pay Down Debt? The Motley Fool
Find out if you can use a mortgage refinance loan to pay down debt -- and if it's a good idea to do so.
Refinance rates retreat for Friday Bankrate.com
Several closely watched refinance rates trended down today. See what that means for your refinance chances.
Refinance mortgage rate drops for Friday Bankrate.com
Refinance rates were mixed, but one key rate ticked downward. If you're shopping for a refi, see how your future mortgage payments could be affected.
Can You Refinance a Reverse Mortgage? | US U.S News & World Report Money
Refinancing a reverse mortgage may be best for adding a spouse to the loan, getting a better interest rate or accessing more home equity.
Refinance rates decline for Tuesday Bankrate.com
Several closely watched refinance rates trended down today. See what that means for you if you're in the market for a mortgage.
Weekly mortgage applications drop 4.3%, despite lower interest rates CNBC
It may be the heart of the spring housing season, but the mortgage market isn't seeing big business.
Refinance rates ratchet higher for Monday Bankrate.com
Multiple benchmark refinance rates floated higher today. If you're shopping for a refi, see how your future mortgage payments could be affected.
Mortgage applications slightly lower despite three weeks of falling rates CNBC
Mortgage hunters were not particularly impressed with the latest drop in interest rates. Mortgage application volume dropped 0.6% last week from the previous ...
Mortgage rates decline for Tuesday Bankrate.com
Several benchmark mortgage rates slid lower today. If you're shopping for a home loan, see how your future mortgage payments could be affected.
Mortgage Rates Bounce Back Mortgage News Daily
Mortgage rates had a fairly decent day yesterday as far as most lenders are concerned. A few lenders saw fit to bump rates up in the afternoon following a day of ...
Mortgage rates pull back on weak inflation data The Washington Post
After a month of increases, mortgage rates retreated this week. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average ...
One simple change to your marriage increases the risk of divorce by 33% and how to decide whether to refinance your mortgage - MarketWatch
One simple change to your marriage increases the risk of divorce by 33% and how to decide whether to refinance your mortgage MarketWatch
Happy Wednesday, MarketWatchers. Here are today's top stories: Personal Finance. People are paying up to $10,000 for plastic surgery to look good in yoga ...
U.S Mortgages – Mortgage Rates Fall for the 1st Time in 4-Weeks Yahoo Finance
Mortgage rates eased back in the week ending 2nd May. 30-year fixed rates fell by 6 basis points, reversing a 3 basis point rise from the previous week. The 6 ...
Refinance rates tick lower for Tuesday Bankrate.com
Several key refinance rates dropped today. If you're shopping for a home loan, see what that means for you.
Why Refinancing Your Mortgage At A Lower Rate Might Be A Bad Idea Seeking Alpha
Offers concrete examples of how refinancing your mortgage at a lower rate can increase your interest payments. Gives two reasons for this: The sacrifice of the.
Mortgage rates trend down for Wednesday Bankrate.com
Several closely watched mortgage rates ticked downward today. If you're in the market for a mortgage, see what that means for you.
Mortgage Rates Mostly Hold Near Lows, But Things Could Change Tomorrow Mortgage News Daily
Mortgage rates moved microscopically higher today, depending on the lender. In terms of underlying movement in the bond market, however, rates should have ...
Mortgage Duration Drop Means Refinancing Concerns Are Back Again Bloomberg
Mortgage investors' concern about prepayment speeds may increase as a renewed U.S. rate rally helps push the U.S. MBS index duration down to its lowest ...
How to get out of debt: 4 balances you should refinance in 2019 USA TODAY
Is this a good time to refinance your debt? Here are a few debts that you should consider refinancing in 2019.
Can You Use Home Equity to Buy a Vacation Home? U.S News & World Report Money
If you've built up equity in your primary home, you could tap into it for a vacation home purchase. But consider whether using home equity to buy another ...
VA loan series: VA vs FHA vs USDA | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
VA loan series: VA vs FHA vs USDA | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
VA loan *service* requirements are important when it comes time to get a VA mortgage. Depending on your *service* status it's possible to avoid funding fees.
Refinance rates advance for Tuesday Bankrate.com
Several closely watched refinance rates notched higher today. If you're shopping for a home loan, see how your payments might be affected.
Weekly mortgage applications rise 2.7% in a strong week for homebuyers CNBC
After pulling back for several weeks, homebuyers stepped back into the mortgage market last week.
US News: How and Why to Refinance a Reverse Mortgage Reverse Mortgage Daily
Refinancing an existing reverse mortgage into a new and potentially better one could be an option that works for some senior homeowners, but it's not a ...
Mortgage Traders Breathe Easier as the Risk of a Refinancing Wave Ebbs Bloomberg
Mortgage investors are breathing a sigh of relief amid signs a potential surge in prepayments set to weigh on returns may be avoided.
Weekly mortgage applications fall as the highest rates in a month are spooking spring buyers CNBC
Homebuyers had been brushing off the slight rise in rates over the past few weeks, but as those rates move even higher, buyers are now pulling back.
Loose Lending Standards Are The Cancer Not The Cure Seeking Alpha
The Bank of Canada last week flagged the fragile nature of highly indebted Canadian households and said 42% of households would struggle to refinance their ...
HARPing on Fannie Mae, Freddie Mac Refinancing The MReport
First American Financial Corporation reported that Fannie Mae and Freddie Mac completed 234,716 refinances in Q1 2019, with 901 loans refinanced through ...
Mortgage rates decline for Thursday Bankrate.com
Several closely watched mortgage rates decreased today. If you're in the market for a mortgage, see how your payments might be affected.
Mortgage rates fall for Monday Bankrate.com
Several closely watched mortgage rates trended down today. If you haven't locked yet, see how your finances could be affected.
Bring on the refis: Freddie Mac expects mortgage rates to remain low all year HousingWire
Favorable mortgage rates are expected to boost homebuyer affordability for the remainder of 2019, according to Freddie Mac's April Forecast. According to the ...
Mortgage applications edge up in US housing market - Xinhua | English.news.cn Xinhua
WASHINGTON, May 22 (Xinhua) -- Mortgage applications in the United States increased as mortgage rate continued its downward pattern, according to a report ...
When will non-QM loans and HELOCs take off? National Mortgage News
The shift to nonbank lenders will put the breaks on non-qualified mortgage and home equity line of credit origination growth.
April's dip in home sales may portend significant gain in May, economist says HousingWire
Housing economists were left scratching their heads this week over a National Association of Realtors report showing U.S. existing home sales fell in April. In the ...
Ginnie Mae Moves to Crack Down on Repeated Refinancings The Wall Street Journal
Ginnie Mae is taking steps to curb repeated mortgage refinancings that it says are hurting both borrowers and investors. The government-backed firm, which ...
How to find the best FHA mortgage lender Bankrate.com
There are government-insured mortgage programs that can make homeownership more attainable. This includes loans backed by the Federal Housing ...
HELOC: Understanding Home Equity Lines of Credit NerdWallet
A home equity line of credit, or HELOC, is a second mortgage that gives you access to cash based on the value of your home. You can draw from a home equity ...
Mortgage rates climb for Monday Bankrate.com
Several benchmark mortgage rates notched higher today. If you haven't locked yet, see how your future mortgage payments could be affected.
Rotich to unveil mortgage refinance company today Business Daily
Kenya's first mortgage refinancing company that will make it easier for banks to access long-term funds for cheaper home loans will be launched today after 20 ...
Fixed mortgage rates increase for the fourth week in a row The Washington Post
It wasn't much of a lift, but fixed mortgage rates moved higher for the fourth straight week. According to the latest data released Thursday by Freddie Mac, the ...
U.S Mortgages – Down for a 3rd Week in a Row as Trade War Jitters Lingered Yahoo Finance
Mortgage rates slipped again in the week ending 16th May. 30-year fixed rates fell by 3 basis points following on from a 4 basis point rise from the previous week ...
Cash out refinance essential to Top Producers of mortgages in the West National Mortgage News
Having a cash-out refinance program is important to greater share of originators in the West than it is in the United States as a whole, the Top Producers 2019 ...
Adjustable-rate mortgages are making a comeback. But are these loans right for you? - Washington Post
Adjustable-rate mortgages are making a comeback. But are these loans right for you? Washington Post
Acopy edited djustable-rate mortgages, known as ARMs, are back, despite having earned a bad reputation at the height of the housing crisis. Post-crisis ...
When to Refinance a 15 Year Mortgage to a 30 Year Mortgage SavingAdvice.com
When you are ready to refinance a mortgage, one thing to you may wonder is should I Refinance My 15 Yr Mortgage to a 30 Yr Mortgage? Read her to find out.
Low Rates Stabilize Refinancing Share of Originations Mortgage News Daily
Refinancing held on to a 35 percent share of mortgage originations in April according to the Origination Insight Report from Ellie Mae as the 30-year note rate ...
Mortgage rates decrease for Wednesday Bankrate.com
Multiple benchmark mortgage rates tapered off today. If you're shopping for a home loan, see how your finances could be affected.
Tyler Sawyer: Lenders Must Data Model the 'Most Likely Borrower' Mortgageorb
PERSON OF THE WEEK: Automation of the mortgage application process has become increasingly sophisticated. Lenders today are almost universally ...
Mortgage rates fall for Wednesday Bankrate.com
Several closely watched mortgage rates sunk lower today. The average rates on 30-year fixed and 15-year fixed mortgages both were down. On the ...
U.S Mortgages – Rates Up for a 3rd Week, Weighing on Applications… Yahoo Finance
Mortgage rates continued to rise in the week ending 25th April. 30-year fixed rates rose by 3 basis points following on from a 5 basis point rise from the previous ...
GDP Growth Called "Transitory" While Low Inflation Appears Permanent Mortgage News Daily
While calling the recent report on real gross domestic product (GDP) the strongest first quarter in four years, Fannie Mae's Economic and Strategic Research ...
Personal Finance Daily: One simple change to your marriage increases the risk of divorce by 33% and how to decide whether to refinance your mortgage - ForexTV.com
Personal Finance Daily: One simple change to your marriage increases the risk of divorce by 33% and how to decide whether to refinance your mortgage ForexTV.com
Previous: ESTABLISHMENT LABS INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In ...
Just Approved: Divorcee capitalizes with cash-out refinance SFGate
Mortgage adviser: Brenda Wyatt. Property type: Single-family home in Lakeshore Terrace. Recommended Video. Speed. Normal. Quality. Auto. Quality. Speed.
Refinance rates retreat for Thursday Bankrate.com
Several key refinance rates ticked downward today. If you're in the market for a refinance, see how your finances could be affected.
Refinance rates trend higher for Saturday Bankrate.com
Multiple key refinance rates climbed today. See what that means for your refinance.
AfDB Approves EUR 90 million to support Kenya’s Mortgage Refinance Company THISDAY Newspapers
Bennett Oghifo. The Board of the African Development Bank has approved a EUR 90 million loan to support the establishment of the Kenya Mortgage Refinance ...
In mortgages, these banks zigged while many others zagged National Mortgage News
While regulation and nonbank competition are spooking some banks, others believe low funding costs and the right relationships can help them succeed.
Mortgage Economic Review: May 2019 National Mortgage Professional Magazine
April is typically a stormy month with unpredictable weather and volatile temperature swings. It looks like the Economic Data has followed this same pattern in ...
'Now Is The Time To Refinance': Low Mortgage Rates Cause Surge In Refinancing Forbes
Last week's massive dip in mortgage rates apparently pushed homeowners into action. According to new data from the Mortgage Bankers Association, ...
Saudi Real Estate Refinance Co plans up to 4 bln riyal sukuk sale this year -CEO Reuters
RIYADH, April 23 (Reuters) - Saudi Real Estate Refinance Co (SRC), modelled on U.S. mortgage finance firm Fannie Mae, aims to issue up to 4 billion riyals ...
Fed Survey: Consumers Expect Slower Home Price Growth ABA Banking Journal
Americans' expectations for home price changes fell in 2019, according to results from the Federal Reserve Bank of New York's 2019 SCE Housing Survey, ...
Is a No Closing Cost Mortgage Right for You? U.S News & World Report Money
A no-closing-cost mortgage conserves cash upfront when borrowers buy or refinance a home, but you will pay more interest over the life of the loan.
How to Get a Mortgage for a Rental Property U.S News & World Report Money
Mortgages for a rental property are different from home loans for your primary residence. For example, the interest rates for a rental property may be higher.
Don’t dig yourself deeper in debt with these ‘solutions’ USA TODAY
Americans are slipping ever deeper into hock. To cope, many people turn to debt consolidation loans, cash-out mortgage refinancing and retirement plan loans ...
Refinanced loans for office and water parks highlight $938M Wells CMBS - Asset Securitization Report
Refinanced loans for office and water parks highlight $938M Wells CMBS Asset Securitization Report
Refinanced commercial mortgages for a renovated office park in Florida and a Great Wolf Lodge water park location in Southern California highlight a new ...
LendingClub Looks To Disrupt Auto Finance Market Forbes
A series of interviews with innovators operating at the intersection of consumer behavior trends and business transformation: Todd Denbo, SVP and GM of Auto ...
How to Refinance a Small Business Loan U.S News & World Report Money
Refinancing a small business loan, compared with a mortgage, has a few more steps and may require as much documentation as your initial business loan.
May Fed Meeting: Mortgage rates fall as the Fed maintains "patient" stance | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
May Fed Meeting: Mortgage rates fall as the Fed maintains "patient" stance | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
The third Fed meeting of the year adjourned on May 1 and mortgage rates are benefitting. The group continued on the “patient” path as far as future rate hikes.
Trade Negotiations Hit Snag – Market Update Zing! Blog by Quicken Loans
Inflation came in below expectations, but the main focus this week is on China. That and more is coming up in Market Update!
Holistic approach needed to fix vital federal mortgage programs National Mortgage News
Housing finance reform cannot be piecemeal, but must be done using a comprehensive approach, an independent mortgage banker says.
Mortgage refinance boom goes bust as rates shift higher CNBC
A turnaround in interest rates turned borrowers back on their heels last week, deflating a quick boom in refinance demand.
Mortgage rates retreat for Thursday Bankrate.com
Multiple key mortgage rates declined today. If you're in the market for a home loan, see how your payments might be affected.
Mortgage rates fall, head to best levels for 2019 ETF Daily News
Lower mortgage rates continue to bloom in May, after an April that rained down increases in borrowing costs. Read for more details.
World Bank approves $250 mln loan to Kenya for affordable housing Reuters Africa
The World Bank approved a $250 million loan to Kenya to help with affordable housing in the East African nation, where many would-be home owners struggle ...
Black Knight: Servicers Retained Just 18% of Customers Post-Refinance in Q1 2019, a 13-Year Low; Slight Rate Increase Reduces Refinanceable Population by 1 Million - Yahoo Finance
Black Knight: Servicers Retained Just 18% of Customers Post-Refinance in Q1 2019, a 13-Year Low; Slight Rate Increase Reduces Refinanceable Population by 1 Million Yahoo Finance
Customer retention has become increasingly difficult for mortgage servicers as a volatile refinance market with greater rate sensitivity has constrained the ...
Mortgage refinancing spree becomes a race against the clock Bankrate.com
Some 2.43 million homeowners can reduce their mortgage interest rate by refinancing, according to a recent mortgage report by Black Knight, a mortgage data ...
5 Signs It's Time To Refinance Your Mortgage Forbes
You've probably heard that refinancing your mortgage can save you money. While that's true in many cases, refinancing needs be done at the right time in order ...
The best and worst metros for savers in 2019, ranked Bankrate.com
People living in areas with high housing costs could forgo all nonessential expenses for three years, religiously saving their extra dollars month after month, and ...
Refinance Your Mortgage Quickly: Prequalify in Just 3 Minutes Credible News
Let us do the heavy lifting for you. Compare rates from multiple lenders with no impact to your credit score. Refinance your mortgage with peace of mind.
These are the best (and worst) reasons to refinance your mortgage Bankrate.com
Whether you've owned your home for a short time or you've had your mortgage a bit longer, a mortgage refinance involves careful consideration. After all, you'll ...
LO, AE Jobs; Broker and Warehouse Products; Conventional Conforming News Mortgage News Daily
What's going on behind the scenes and in the rumor mill at the MBA's Secondary Conference? There is derision about HUD's Ben Carson not knowing what ...
African Development Bank Approves Eur 90 Million to Support the Kenya Mortgage Refinance Company - AllAfrica.com
African Development Bank Approves Eur 90 Million to Support the Kenya Mortgage Refinance Company AllAfrica.com
Bank funding to boost mortgage finance access to lower middle- and middle-income households. The Board of the African Development Bank on 15 May 2019 ...
What to consider before determining whether to refinance your mortgage Washington Post
REAL ESTATE MATTERS | For a home-run refinance, try to find a deal that helps you do these four things: lower your interest rate, shorten your loan term, lower ...
Mortgage refinance checklist: what you need to refinance your home | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
Mortgage refinance checklist: what you need to refinance your home | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
This handy mortgage refinance checklist tells you what you need to do before refinancing. Get your paperwork in order and know your refinance goals to speed ...
The main reason to refinance your mortgage: Save money Chicago Tribune
A substantial drop in interest rate on a fixed rate mortgage could save you money with a refinance. But you must factor in closing costs on the transaction.
Mortgage refinance applications hit 18-year low CNBC
Mortgage refinance applications hit an 18-year low. With no major move in interest rates and continued weakness in home affordability, there was not a lot of ...
Refinance mortgage rates mixed for Saturday Bankrate.com
Refinance rates were mixed today. See what that means for you if you're in the market for a mortgage.
Refinance mortgage rate drops for Tuesday Bankrate.com
Refinance rates were mixed, but one key rate trended down. If you're shopping for a refi, see how that could affect you.
Home Equity Loan - Is It For You?
A Home equity loan has become an easy way to not only payoff other non-deductible debt, but to come up with largewads of cash for remodeling projects, vacations and more.People have financed college educations with a home equityloan, so your imagination is your only barrier.
Online Mortgage Brokers - What You Might Not Know About Home Loans & The Internet
You may think that applying online for a mortgage is the same as applying with a broker in the 'real world', only more convenient.While applying for a mortgage online is much more convenient, and sure to help you get a lower rate because of the amount of competition online, there is another benefit to using the internet when applying for a loan.
Home Mortgages: Up, Up and Away!
Refinance NOW-before it's too lateIf you haven't found the time to refinance your existing home mortgage, it's time to take action-like yesterday! Every time Alan Greenspan, Federal Reserve Board Chairman, opens his mouth, you can bet that the federal funds rates will rise by at least a quarter of a point, or by 25 basis points in investorese. What that means to you is that home mortgages will rocket as well.
Home Equity Loans - 5 Useful Application Tips
Obtaining a home equity loan does not have to be a major ordeal. Unlike your first mortgage, you are already in the home, and usually time is not such a major factor.
How easy is it to get a Commercial Mortgage in the UK?
As is the case when applying for any mortgage, be it a residential or acommercial mortgage, the better your credit and the better the collateral, theeasier the process becomes. But that doesn't mean that if your credit is lessthan perfect, or you want to purchase commercial property in a less thendesirable part of the city, that you are automatically locked out of gettingthe money you need.
Bridging Finance Basics
Bridging finance is a short-term loan that is used as a way to provide funding for the purchase of a new property while the borrower awaits the sale of an existing property. Unless all the stars are in perfect alignment, it's tricky to coordinate the sale of one property and the purchase of another property so that the transactions occur simultaneously.
Real Estate Tip: Escrow Accounts -- Do You Really Need Them?
If you have a mortgage on your property, whether it's for your personal residence or a real estate investment, chances are you have an escrow account. But if you are working on building wealth through real estate, you may want to take a hard look at your escrow account (or accounts, if you own more than one piece of real estate) and decide if you really need it.
An Infinity Mortgage?
Here in Spain the concept of a mortgage period of 20 or 25 years is something new. The general feeling by the banks is that want their money back more quickly than banks in countries in which they are accustomed to longer periods.
UK Mortages: A Guide Through The Maze
Types of UK MortgagesYou may be wasting your money with the wrong type of mortgage. Knowledge is power.
The Top 5 Reasons to Buy a Home
1. Save on your income tax.
How Much Interest is Your Home Equity Earning?
How much interest are you earning on your home equity? If you answered nothing, zero, zilch, zip you are correct. What would you do if you could get triple compounding on your equity? Would you take action and build a fortune that would allow you to pay off the mortgage and create a retirement fund?We use a strategy called Early Mortgage Pay Off System or EMPOS?.
A mortgage is borrowing money using property as a security, a type of secured loan in other words. Primarily, the purpose in borrowing the money is to purchase a property.
Home Equity Line of Credit - Finding The Best Home Equity Lender
Borrowing against the value of your home using a revolving credit account is known as a home equity line of credit. Lenders offer home equity lines of credit in several ways with either fixed or variable interest rates.
6 Things to Consider Before Refinancing
Perhaps you're a homeowner in need of some quick cash.Maybe you want to consolidate your debts so you have better control of your money.
Keep Your Eye Focused on Treasury Bond Rates To Adjust Your Current Mortgage Rates
Mortgage rates typically are based off the current rates of treasury bonds. Most lenders set their long term mortgage rates in line with 10 and 30-year treasury rates.
Bad Credit Mortgage Loans Online - How Your FICO Credit Score Can Affect Your Loan Approval
When applying for a mortgage loan when you have a bad credit history. There are a few things you should know about your FICO score that will help you know what to expect from mortgage lenders.
How do I know what is the best Second Mortgage Home Loan for me?
The information in your credit history helps mortgage lenders decide how much credit and what interest rate you are eligible for, and then match it to a bad credit home loan. The better your credit history, the more likely you are to qualify for the best credit deals.
Home Loans and Mortgages - Watch Out for Dangerous Subprime Loans
With the growing interest in real estate purchasing and speculation, more and more lenders are offering "nontraditional" types of mortgages. These include adjustable rate mortgages (ARM) of every shape and size, the more popular interest-only mortgage, and the very dangerous Option ARM mortgage, which can cause the amount you owe to actually increase as time passes.
A Guide to UK Buy to Let Mortgages
Essentially there is little difference between the process that one follows for a buy to let mortgage in the UK than there is for any other type of mortgage. The lender still has to consider your credit worthiness, the value of the property, how much down payment you can afford and all of the other usual considerations.
FHA Mortgage: Whats the Best Way to Show an Underwriter that Youre Ready to Buy a House?
Mortgage underwriters can be a suspicious bunch. If you have bruised or even bad credit, you have your work cut out for you.
|home | site map|
|© 2006 TIGER MEDIA|