 |
Mortgage & Refinancing InformationA Qualified Mortgage Consultant Can Help Boost Credit ScoresConsumers interested in purchasing or refinancing a home will pay an interest rate based on current market conditions and their ability to pay back the loan. The borrower's income and debt ratios are taken into consideration by the lender, as well as the predictability factor provided by credit scoring. Home Equity Loan - Beware of Equity Stripping ScamThe market for mortgage refinancing has been brisk during the last few years. The boom in business can be attributed to interest rates that have been at or near historic lows, and to lenders who have more money to lend now that they aren't investing in risky tech stocks anymore. Getting The Best Home Equity LoanOwing to the popularity of home equity loans, there are numerous lending agencies offering a variety of mortgage products. A bad choice of mortgage can lead to disastrous effects, as there is a risk involved of foreclosure and losing one's home. Home Equity Loans: A Useful Financial ToolThe investment need of an individual varies with time. Thus the need to buy a car or invest in a new house, which may have seemed "beyond means" a few years ago, may be a relevant and wise decision today. How To Tap In To Your Home EquityWith today's relatively low interest rates and climbing property values, many consumers are considering taping into their home equity to finance everything from home improvement projects to debt consolidation. Secured home loans, also called home equity loans, are loans backed by the borrower's equity in their property. Home Equity Loans 101A secured home loan differs from an unsecured loan in that the secured loan borrows against one's home as collateral, thereby reducing the risk to the lender. As such, secured home loans often offer better interest rates than unsecured loans, but offer higher risk to the borrower, as defaulting on these loans can have greater consequences, such as fines, or even possible repossession of the home originally put up as the secured collateral (subject to the amount of the loan, of course). Adverse Credit Mortgage Loan - Persistence is the Key to Getting ApprovedPeople with bad credit that are looking to get a home mortgage loan or to refinance their existing home mortgage loan, know how difficult of a job it can be to try and get approved. Adverse credit history can mean a little more legwork to get an approval for a mortgage loan, and especially to get a decent interest rate. Mortgage Advice To Make Mortgages A Really Smooth RideMortgages are easy as long as you understand them well. But how many borrowers can be confident of their knowledge of mortgages. Mortgage Cycling May Be Your Best Bet For Equity Buildup and Investment Real EstateMortgage cycling is a system that relies on solid budgeting, equity lines of credit and use of an open credit card. Whether you use this on investment real estate or your own home, it can work for wealth building. Mortgage Loan Information - Know The Basics When You Refinance or Purchase a HomeIf you are currently looking for a new home, chances are that in all the excitement you won't really give any thought to the type of home loan mortgage you take out, instead going with the first one offered to you. This could be a serious mistake - costing you thousands, if not tens of thousands. Home Equity Loan - Is It For You?A Home equity loan has become an easy way to not only pay off other non-deductible debt, but to come up with large wads of cash for remodeling projects, vacations and more. People have financed college educations with a home equity loan, so your imagination is your only barrier. Mortgage Calculator - How to Calculate Your Monthly Mortgage PaymentJust starting to shop for a new home? Do you want to know how to figure what your monthly payment would be based on a certain priced home? No problem, there are plenty of mortgage calculators on the web you can use free of charge (click here for an example of one). All you need to know is the mortgage amount, sale price less the down payment, interest rate (also easy to access on the web), and the number of years you wish to finance your new home, usually 30 years (360 months) is the maximum term. Are You Ready for a 40-year Mortgage?Real estate prices have been increasing steadily over the last five years, particularly on the East and West coasts. In parts of California, homes are selling for 33% more than they were a year ago. Commercially Viable Commercial MortgagesCommercial mortgages are similar to residential mortgages. Usually taken by businesses, commercial mortgages are secured against business property. Mortgage Reduction SolutionsUSA ECONOMIC CONDITIONS; Today's sluggish economy has left millions of people struggling to financially make ends meet. Lou Dobb's coined phrase "Assault on the Middle Class" continues. More Articles from Mortgage & Refinancing
Information:  Today's
MORTGAGE-REFINANCING NEWS updated
Thu. October / 03 / 2024 Why Refinancing Your Mortgage Right Now May Be a Good Idea Cabot Wealth Network Roundup: Refinance demand / Rouses denied / Tax reform plan Greater Baton Rouge Business Report Mortgage Interest Rates Today, September 30, 2024 | Rates Are Low. Will They Go Lower This Year? Business Insider Refinance Law School Loans: Best Lenders of October 2024 The Wall Street Journal Mortgage Rate Locks Buoyed By Refis National Mortgage Professional Mortgage Refinance Rates Edge a Little Higher Investopedia Best Mortgage Refinance Lenders of October 2024 Business Insider Today's Refinance Rates by State – Oct. 3, 2024 Investopedia Mortgage Interest Rates Today, October 3, 2024 | Rates Stay Put as Labor Market Continues to Show Strength Business Insider Best mortgage refinance lenders of October 2024 Yahoo Finance Is Now the Right Time to Refinance Your Mortgage? Investopedia Mortgage Interest Rates Today, October 1, 2024 | Rates Fell Far in September. Will They Drop This Month Too? Business Insider China to Allow Home Buyers to Refinance Mortgages in Latest Easing Move - WSJ The Wall Street Journal Mortgage Interest Rates Today, October 2, 2024 | Rates Hold Under 6% as Markets Wait for Fresh Jobs Data Business Insider Should You Refinance Your Mortgage After the Fed’s Interest Rate Cut? The New York Times 30-Year Mortgage Refinance Rates Business Insider Today's Refinance Rates by State – Oct. 2, 2024 Investopedia How to Decide If a Mortgage Refinance Is Right for You U.S News & World Report Money FHA Streamline Refinance | Rates & Requirements for 2024 The Mortgage Reports Mortgage Interest Rates Today, September 29, 2024 | Rates Down Over a Full Percentage Point From Last Year Business Insider Should You Refinance Your Mortgage In 2024? Bankrate.com Should You Refinance Your Mortgage Now That the Fed Just Cut Rates? Kiplinger's Personal Finance Don't get too excited about cheaper mortgages quite yet Business Insider Mortgage Refinance Rates Are Down, But Should You Refi to a 30-, 20-, or 15-Year Mortgage? Investopedia MCT Reports 3% Increase in Mortgage Lock Volume, Refinance Activity Buoys Market Send2Press Newswire The Mortgage Refinance Window Finally Cracks Open Bankrate.com Mortgage Refinance Rates Drop – Sept. 5, 2024 Investopedia What current mortgage refinance rates mean for your situation CNN Underscored Experts urge due diligence before mortgage refinance Webcenter Fairbanks Mortgage and refinance rates today, September 11, 2024: CPI numbers could lead to lower rates Yahoo Finance The Truth About Refinancing Your Mortgage The Motley Fool Best Refinance Lenders of October 2024: Refinance Your Mortgage The Motley Fool MBA: Mortgage Applications Decreased in Weekly Survey Calculated Risk Mortgage Refinance Rates Drop Back Investopedia Get Ahead of the Next Refi Wave Scotsman Guide News FHA Refinance Rates: See if You Could Lower Your Rate Business Insider Mortgage Refinance Rates Shoot Up from 19-Month Low Investopedia Mortgage Refinance Rates Hold Near 19-Month Low Investopedia Mortgage Rates Are Dropping After the Fed's Rate Cut. Here's Why I'd Still Wait to Refinance The Motley Fool Mortgage Rates This Week NerdWallet 30-year mortgage refinance rates: Where they’re heading and how to nab the lowest possible APR CNN Underscored Best Mortgage Refinance Lenders In 2024 Bankrate.com 30-Year Mortgage Refinance Rates Sink to Cheapest Level Since Early 2023 – Sept. 12, 2024 Investopedia Current Mortgage Trends: Are Mortgage Rates Going Down? Business Insider
|
