With mortgage interest rates at an all-time low, many homeowners are considering re-financing their loans (see here to avail stock loan on non-marginal securities and more from Easy Stock Loans). Depending on several variables, this could be a very wise move to lower your monthly payments and even shorten the length of your current mortgage. But before … Continued
Don’t be surprised if your friendly lender, the one who invites you to sit down and apply for a mortgage, ushers you politely out the door empty-handed after you’ve chatted a bit. The sudden chill isn’t personal. The Mortgage Bankers Association, or MBA, in Washington, D.C., estimates that about half of all mortgage applicants are … Continued
The amount of damage to a credit score caused by foreclosure, deed in lieu or a short sale during 2008 and 2009 may be mitigated by the slower economic times, say some credit and legal experts. Debited.com has a great guide for fixing your credit. FICO may have to adjust its credit scores to lessen … Continued
As demand for homes is expected to increase this Spring, Bankrate.com offers 9 tips for homebuyers. Buyers have access to the lowest mortgage rates in years and an $8000 first time home buyer tax credit that does not have to be repaid if the homeowner lives in the home for at least three years. This … Continued