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

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

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

Even if you’ve found the perfect house for your next real estate investment, you’re not out of the woods yet. If you’re buying a home, it's important to remember that the process isn’t over until there’s ink on the paper. Make sure to avoid these three last-minute mistakes as your closing day approaches:Read More

Buying a home isn't always easy. The stress of locating a new house, inspecting it, committing to it and then financing it can overload a buyer's real estate circuits. But never fear. There are a few steps you can take to lighten the burden of buying a home. Here are four tips that will help...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

So you’ve found the home of your dreams, and now the only thing keeping you from your new life is signing for a mortgage to finance it. Simple enough, right? Not quite. Mortgages are complex legal documents that are easy to misread or misinterpret, so there are a few things you should know about your...Read More