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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 Tue. May / 24 / 2022
Trends in Mortgage Refinancing Activity Freddie Mac The Mortgage Refinance Rush Has Cooled, But HELOCs Can Unlock Housing Wealth Hawaii Business Magazine Can You Refinance a Reverse Mortgage? Investopedia When to Refinance Your Mortgage Business Insider Refinancing an FHA loan to a conventional loan Fox Business Inheriting a House With a Home Equity Loan Investopedia Why Mortgage Borrowers Will Want to Avoid the Prepayment Penalty If You Plan to Move or Refinance NextAdvisor Today's Mortgage, Refinance Rates: May 11, 2022 | High Inflation Means Rates Will Likely Stay Elevated Business Insider What is mortgage recasting and why should you do it? Fox Business How Piggyback Loans Work | Mortgages and Advice | US News U.S News & World Report Money Pros and cons of an adjustable-rate mortgage (ARM) Bankrate.com What Is a Mortgage Loan Officer? | Mortgages and Advice | US News U.S News & World Report Money Today’s mortgage refinance rates: Steady shorter terms offer best savings chances | March 17, 2022 Fox Business Mortgage Fraud | The Ascent The Motley Fool 20-year mortgage refinance rates fall, giving buyers savings opportunity | March 16, 2022 Fox Business Today's refi rates move higher – May 9, 2022 Bankrate.com Should you refinance your mortgage now? Consider these factors The Seattle Times Today's Mortgage, Refinance Rates: May 13, 2022 | Rates Increase for the Second Week in a Row Business Insider Today's Mortgage, Refinance Rates: May 16, 2022 | Rates Have Increased Over 2% Since Last Year Business Insider 3.8 million homeowners would still benefit from refinancing amid rise in mortgage rates, says Black Knight Fox Business Jumbo Loan Refinance Guide | 2022 Rates and Guidelines The Mortgage Reports Still time to lock in a lower rate: Today's 30-year mortgage refinance rates fall | Feb. 9, 2022 Fox Business How to refinance your mortgage, a step-by-step guide The Washington Post Survey finds 74% of homeowners haven’t refinanced despite historically low mortgage rates Bankrate.com 3 Reasons to Refinance Your Mortgage Despite Rising Rates The Motley Fool What you need to know about 5/1 ARM refinance loans Fox Business Should You Refinance Your Mortgage in 2022? The Motley Fool Plunging Mortgage Rates Mean Refinancing Is Back on the Table for 2 Million Borrowers The Motley Fool After Losing Her Home in a Fire, This Teacher Needed a Fresh Start. A Mortgage Refinance Helped Her Do It NextAdvisor Mortgage and real estate news this week: Affordability squeeze tightens, and refinancing must-knows Bankrate.com 15 of the best mortgage refinance companies for 2021 Fox Business VA Loan Refinance Options | 2022 VA IRRRL and Cash-Out The Mortgage Reports Cash-out refinance vs. no-cash-out | What's the difference? The Mortgage Reports Home Mortgage Refinancing Disparities During the COVID-19 Pandemic: Insights for Delaware, New Jersey, and Pennsylvania Philadelphia Fed Mortgage Refinance As An Inflation Hedge Surfky.com What Is a Mortgage Refinance? The Motley Fool Can You Refinance A VA Loan? Zing! Blog by Quicken Loans Mortgage refinance: Everything you need to know Fox Business Unemployed and unable to refinance Marketplace
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