An incredible number of Americans have suffered damaged to their credit scores in the last few years while lending standards for home loans have become increasingly tougher. This doesn’t mean that you should give up on buying a new home by any means. Begin rebuilding your credit now and you could see your credit scores...Read More
Foreclosures and bank reviews continue to hit the news making it all the more confusing for struggling homeowners to make sense of what is going on with their mortgages. Are you going to get help or do you need to sell your home fast?Read More
Sensational headlines desperate to boost dwindling readership levels so that they don’t go broke have been luring already victimized homeowners into a dangerous sense of false security.Read More
Mortgage rates are great but the news headlines may have you believing that no one qualifies for a home loan these days. Don’t panic. Whether looking to scoop up a great deal on a new residence while there are still deals to be had or looking for a way to expand your real estate investments...Read More
Are you selling a house that isn’t worth as much as the balance remaining on your mortgage? Then it may be time to walk away. With the real estate market not expected to recover until 2023 and foreclosure rates abysmally high, more and more Americans are choosing to let their lender repossess their home even...Read More
If you're buying a house, you're entitled to a “good faith estimate” when applying for a mortgage. However, sometimes these itemized rundowns of the estimated costs of a home loan aren’t made in good faith at all. They can be misleading, and they can bait a homeowner into paying thousands more than they had anticipated....Read More
Although financial experts usually advise buyers to avoid adjustable-rate mortgages like the plague, there are a few instances when choosing this type of home loan over a fixed-rate mortgage can actually be beneficial. If you’re buying a house in the near future and you don’t know which type financing you should be looking for, here...Read More
If you’re buying a house this season, you’re in luck. Due to the sagging market, lenders are giving new homeowners lower mortgage rates than they have for the past 10 years. However, you’re going to need to do more than just show up to a lender’s office if you want to minimize your interest. Before...Read More
