If you want to save some real money this holiday season, why not give yourself the gift of a home loan modification? In this buyer’s market, refinancing your mortgage can save you tens of thousands of dollars on your interest, and it can even reduce the period of your loan by five or more years....Read More

A home mortgage is an expense you'll be paying off for some time. Yet plenty of people who are buying a home rush into their purchase without any preparation. You may think all lenders are the same or that you’re lucky to receive a loan. This mentality obscures the real issue: like any other purchase,...Read More

It’s a buyer’s market right now, which means that it’s a perfect time for people who have bought a home in the past 10 years to refinance their mortgage. While many people are put off by the idea of refinancing, undergoing a home loan modification now could save you thousands of dollars in the future....Read More

When your lender decides to foreclose on your home, it’s easy to feel like the world is ending – but a foreclosure doesn’t mean that you’ll never be eligible for a mortgage again. There are plenty of steps that you can take to get back on the right financial track, if you’re willing to work...Read More

While the low initial interest of an adjustable-rate mortgage can attract many first-time homeowners, the rising interest rates often sound easier to cope with than they actually are. If you’re stuck in a mortgage with steadily increasing interest, here are a few financial maneuvers you can use to keep your family sane and secure:Read More

In this tough economy, it’s hard to keep your credit rating as high as you’d like it to be, and only a few financial mistakes on your record can compromise your ability to finance a new home. If you’ve got less than stellar credit, here are a few financing options to investigate:Read More

Rehabbing properties isn’t cheap, and taxes are one of the main reasons. The fees you incur by simply holding the title of a property can be enough to put some people out of the house-flipping business for good. However, as painful as taxes can be, they can be manageable if you’re willing to educate yourself....Read More

A mortgage’s interest rate is the most important variable to consider when financing a new home. The percentage of your loan that you pay in interest could mean the difference between spending a thousand and tens of thousands more than your real estate investment’s sale price. As a result, you should take every step you...Read More

With foreclosures at a record high across the country, it’s more important than ever to stay on top of your home loan payments. Here are a few ways you can simplify the process to keep your mortgage payments organized and up-to-date:Read More

Every mortgage has a certain structure that, when explained in legal language, can be difficult to understand. The terms used to describe components – like “the index” and “the margin” – can throw many first-time homeowners for a loop. But understanding your mortgage before signing it is crucial for keeping your payments manageable and your...Read More