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Mortgage & Refinancing InformationSecured Loans - Making the Most of Your Home as CollateralMy visit to the lender was interrupted with my wife demanding a reason for my preference for secured loans. Though I hushed up the matter then, it kept on ringing in my mind hours later. Mortgage Terminology for the First Time Home BuyerBuying a Home for the first time can be a little "nerve racking". Mortgage terminology that brokers use everyday can leave you scratching your head or shaking your head pretending that you know what they're talking about. Why You Should Not Get Hung Up on the Interest Rates!!This is what a mortgage can do for you! AND Why you shouldn't get hung up on the interest rate! Let me show you the bottom line or the total dollar amount you will pay when paying a mortgage and paying rent and what the benefits of a mortgage are: Let's say John bought a home and has a $75,000 mortgage @ 10% interest for 30 years on his home with a payment of $750.00 per month. Life of an EscrowEscrow is one of the last stages in the purchase or sale of a real property. When someone says that they are in escrow, it means that they have either accepted an offer on the sale of their property, or their offer to purchase has been accepted. Construction Loan BasicsIt might not be too big of an exaggeration to say that the construction loan is one of the more daunting aspects of building your custom home. Before we started our project, I had nightmares about trying to pay two full mortgages at the same time (our existing mortgage and the construction loan), and I didn't see how it was at all possible. Keep Your Eye Focused on Treasury Bond Rates To Adjust Your Current Mortgage RatesMortgage rates typically are based off the current rates of treasury bonds. Most lenders set their long term mortgage rates in line with 10 and 30-year treasury rates. Seller FinancingAlthough any loan used for buying real estate is strictly called a purchase money mortgage, the term is often employed for seller financing, those transactions in which you "take back" a mortgage as part of the purchase price. These arrangements are suitable, of course, only when you do not need your proceeds immediately toward the purchase of another home. Mortgage MarketingW. Edwards Deming said "Marketing and innovation are the only source of value in business, everything else is a cost". Bad Credit Home Financing - Buy a House Even With Poor CreditSub prime lenders come in two groups: reasonable and unreasonable. Reasonable sub prime lenders offer mortgage financing to high risk borrowers with slightly increased rates and fees. High Risk Mortgage Lenders - Using a Sub Prime Lender OnlineSub prime lenders handle high risk mortgage loans that traditional lenders refuse to touch. Through slightly higher interest rates, sub prime lenders protect themselves from the higher rates of foreclosures. Refinance Your Property OnlineBy refinancing your property online you can take advantage of competitive rates in the convenience of your home. You should consider refinancing your property if interest rates are lower, your financial situation has improved, or your credit rating has improved. Home Loans For People With Bad Credit - Tips To Getting Approved OnlineBuying a home with bad credit doesn't have to stop you from finding an affordable lender. By shopping online for a lender you can find the best lending rates for your situation. Poor Credit Home Equity Loan TipsA home equity loan can help repair your poor credit history. Begin by finding a competitive financing lender with affordable rates and terms. Reverse Mortgage Providing Peace of Mind Without Sacrificing Safety or SecurityFor many seniors one of their greatest sources of security is their home. It not only provides a comfortable and familiar environment, but it provides a sense of independence and a source of many fond memories. Buy a Home With a Government Grant? Avoid this ScamIf you watch enough late night television, you'll see advertisements that suggest that the Federal Government is giving all kinds of things away. You'll see ads for auctions that promise that you can buy a Ferrari for $500 or a home for $1000 through "government liquidations" or some such thing. More Articles from Mortgage & Refinancing
Information:  MORE RESOURCES updated Mon. June / 14 / 2021New mortgage refinance program for lower-income homeowners opens Pittsburgh Post-Gazette Today's Mortgage and Refinance Rates: June 13, 2021 | Down Since Last Week, Last Month Business Insider Today's 30-year mortgage refinance rates stick below 3% for 14th straight day | June 2, 2021 Fox Business Why you should refinance your mortgage instead of waiting for forbearance and foreclosure extensions KTVU San Francisco 15 of the best mortgage refinance companies for 2021 Fox Business Today's 15-year mortgage refinance rates plunge .250 points in 30 days | May 19, 2021 - Fox Business Today's Mortgage and Refinance Rates: June 8, 2021 | Rates Creep up Business Insider Fannie Mae’s refinance program for lower-income homeowners starts next week. Here’s what to know CNBC How to refinance a mortgage after forbearance ends Fox Business How refinancing affects your credit score, and vice versa Does refinancing hurt your credit? The Mortgage Reports 2 Downsides of Refinancing Your Mortgage The Motley Fool Today's Mortgage and Refinance Rates: May 24, 2021 | Rates Rise Business Insider How to beat an all-cash offer on a house | 7 Strategies The Mortgage Reports Today's Mortgage and Refinance Rates: May 22, 2021 | Rates Vary Business Insider Today's Mortgage and Refinance Rates: May 21, 2021 | Rates Decrease Business Insider Gary Sandler: Three reasons to refinance now Las Cruces Sun-News Mortgage Rates Today, May 29, & Rate Forecast For Next Week The Mortgage Reports Mortgage Rates Today, May 15, & Rate Forecast For Next Week The Mortgage Reports Today’s refi rates tick lower | June 10, 2021 Bankrate.com Bank of America Mortgage Lender Review 2021: Great for Preferred Rewards Members With Big Bank Accounts NextAdvisor Today’s refi rates drop | June 14, 2021 Bankrate.com Is refinancing your mortgage right for you? Yahoo News Can stipend income be used to qualify for a mortgage? Stipend income typically doesn't count The Mortgage Reports Today's mortgage refinance rates climb, but 30-year rates still a great deal | May 12, 2021 Fox Business Today's mortgage refinance rates see little change as market holds steady | April 1, 2021 Fox Business Mortgage Refinance Options & Types | Refinance Chase News & Stories May begins with a dip in mortgage refinance rates: fall to lowest since February | May 3, 2021 Fox Business How to Refinance Your Mortgage Motley Fool What Is a Mortgage Refinance? Motley Fool Best mortgage refinance lenders in 2021 Bankrate.com Mortgage Rates Are Rising. Read This Before You Refinance. The Wall Street Journal Today’s mortgage refinance rates hold steady for third consecutive day | December 11, 2020 Fox Business 7 Steps for a Successful Mortgage Refinance Business Insider How to refinance a mortgage | Mortgage Chase News & Stories Today’s mortgage refinance rates are rising, but they’re still under 3% — for now | April 13, 2021 Fox Business Today's mortgage refinance rates push further into record low territory | January 28, 2021 Fox Business Today's mortgage refinance rates stop rising, hover near historical lows | March 16, 2021 Fox Business 3 Ways Biden Plans to Help Americans Buy Homes The Motley Fool
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