Mortgage and Refinancing Information Channel:
We would like to thank the local libraries, schools, and universities for recommending students to visit us when doing research on any of our information topics.
Mortgage & Refinancing Information
"Mortgage" is formed from two words: the French word "mort" meaning "dead" and the word "gage" from Old English meaning "pledge". Sir Edward Coke (who lived from 1552 to 1634) explained the term: the land as considered "dead" to the mortgagor, as if the person never had it.
What is a Fixed-To-Adjustable Rate Mortgage? This type of mortgage offers fixed payments for an initial loan period of up to10 years then followed by an adjustable interest rate for the remaining term of your mortgage. Payments are usually lower than most fixed rate mortgages.
There are several reasons why you might be in the market for a bad credit remortgage. You might be wanting to try to lock in a lower interest rate, or perhaps you simply need to use the bad credit remortgage as a way to consolidate some of your debts.
Finding the right buy to let mortgage is crucial to your success as a property investor. Unlike other forms of property investment, a lot of the capital you invest into a buy to let investment property is likely to be borrowed.
Financing and buying a home can help improve your financial situations, especially if you have a bad credit history. Adding a mortgage payment to your monthly expenses seems like a mistake if you are having financial difficulties, but in the long run a mortgage can save you money on your living expenses.
Purchasing a home involves certain important, even essential, steps that every buyer should take before closing on a purchase. Let's examine these "essentials" which, if properly implemented, can help you save valuable time and aggravation.
"How much should you borrow?" is a question people with adverse credit wrestle with. The answer is simply as much as you can afford.
Home loans may seem like a bad idea for people with bad credit, but there are times when a home loan can help your credit score and your budget. To know if a home loan is best for you, consider factors such as your current financial situation, current rent payment, and future goals.
Interest rates on home mortgages are often quoted with and without points. A point equals one percent of the amount you are financing.
There has been so much fraud discovered in the FHA program allowing gift funds for down payment that Lenders and borrowers are required to absolutely document every step of the gift transaction to prove it was legitimate. Here's how it works: FHA allows the required down payment to be a gift from someone who would logically be concerned about housing for the borrower.
Add the term 'online' and it will open for you an exhaustive assortment of opportunities. Add online to mortgage and it will have the same effect.
While trying to find the lowest rates, many homeowners fail to examine the type of mortgage, and which type of mortgage is best suited to their needs. Whether you are buying a new home or refinancing, it is important to understand the different mortgage types, and evaluate which one best meets your needs.
This is a great time to Refinance Your Home or Buy a New Home -- the Mortgage Rates are so low, these days! It's always worth a shot to find out what the costs of switching over to a new mortgage would be, to see if that's the right move for you. Whether you are building your own house, buying a new property, gathering funds to do a renovation project, or Refinancing your current Mortgage at a much Lower Rate, you'll be looking for Funding -- Money, Money & More Money! Here are some commonly asked questions regarding funding for a Mortgage or a Home Improvement Loan.
In days gone by, the family typically spent their evenings watching television in the den or living room, crowded around a black and white television set that may have measured no more than nineteen inches in diagonal size. For decades, this scenario was pretty much the same in most American homes, with the only change being the replacement of black and white televisions with color models.
With the growing interest in real estate purchasing and speculation, more and more lenders are offering "nontraditional" types of mortgages. These include adjustable rate mortgages (ARM) of every shape and size, the more popular interest-only mortgage, and the very dangerous Option ARM mortgage, which can cause the amount you owe to actually increase as time passes.
More Articles from Mortgage & Refinancing
MORE RESOURCES updated Wed. February / 28 / 2024
Will Mortgage Rates Go Down in 2024? What Homebuyers Should Expect Business Insider
Best Mortgage Refinance Lenders of February 2024 | U.S. News U.S News & World Report Money
30-Year Mortgage Rates Fall Investopedia
Can You Refinance With No Income Verification in 2024? The Mortgage Reports
Mortgage Interest Rates Today, February 27, 2024 | Rates Ease, but They're Still Up From Last Month - Business Insider
Mortgage Interest Rates Today, February 27, 2024 | Rates Ease, but They're Still Up From Last Month Business Insider
Mortgage Refinance Rates: Compare Current Rates Business Insider
Current FHA Refinance Rates Today - Mortgages Business Insider
Mortgage Interest Rates Today, February 24, 2024 | Rates Continue Inching Up Near 7% - Business Insider
Mortgage Interest Rates Today, February 24, 2024 | Rates Continue Inching Up Near 7% Business Insider
Mortgage Interest Rates Today, February 25, 2024 | Rates Increased Last Week — Here's When They Might Go Down - Business Insider
Mortgage Interest Rates Today, February 25, 2024 | Rates Increased Last Week — Here's When They Might Go Down Business Insider
Mortgage Interest Rates Today, February 26, 2024 | Rates May Drop More Slowly Than Expected This Year - Business Insider
Mortgage Interest Rates Today, February 26, 2024 | Rates May Drop More Slowly Than Expected This Year Business Insider
Scam ads misrepresent FHA cash-out refinance plan VERIFYThis.com
Mortgage Interest Rates Today, February 22, 2024 | Rates Could Stay High for at Least a Few More Months - Business Insider
Mortgage Interest Rates Today, February 22, 2024 | Rates Could Stay High for at Least a Few More Months Business Insider
Average Mortgage Interest Rates: Mortgage Rates by Credit Score, Year, and Loan Type - Business Insider
Average Mortgage Interest Rates: Mortgage Rates by Credit Score, Year, and Loan Type Business Insider
Current mortgage refinance rates CNN Underscored
Will Rates Go Down in March 2024? | Rates Forecast The Mortgage Reports
Best Home Loans for Seniors on Social Security | 2024 The Mortgage Reports
Mortgage Rates This Week NerdWallet
Office of Research blog: A look at cash-out refinance mortgages and their borrowers between 2013 to 2023 - Consumer Financial Protection Bureau
Office of Research blog: A look at cash-out refinance mortgages and their borrowers between 2013 to 2023 Consumer Financial Protection Bureau
The best mortgage lenders for refinancing in February 2024 CNN Underscored
VA Refinance Rates - Current VA Loan Refinance Rates Today Business Insider
Refinance Requirements: What You Need to Refinance Your Home in 2024 The Mortgage Reports
Best Mortgage Refinance Lenders In 2024 Bankrate.com
When to Refinance Your Mortgage: 5 Times to Consider Refinancing Business Insider
30-year refinance rates: What to know CNN Underscored
Best Florida Mortgage Lenders of 2024 | U.S. News U.S News & World Report Money
How To Refinance An Underwater Mortgage Bankrate.com
What Credit Score Do I Need To Refinance? Bankrate.com
CFPB Releases Study of Refinance Mortgage Loans Between 2013 and 2023 Consumer Finance Monitor
Should I Refinance My Mortgage Now? When to Refinance As Rates Drop Business Insider
When to Refinance Mortgage: Is it Time? - Buy Side from WSJ The Wall Street Journal
Best North Carolina Mortgage Lenders of 2024 | U.S. News U.S News & World Report Money
The Great Pandemic Mortgage Refinance Boom - Liberty Street Economics Liberty Street Economics -
Mortgage Interest Rates Today, February 21, 2024 | Rates Rise Following Hot Inflation Reports - Business Insider
Mortgage Interest Rates Today, February 21, 2024 | Rates Rise Following Hot Inflation Reports Business Insider
Rates rise | Mortgage rates for February 14, 2024 Bankrate.com
Best Texas Mortgage Lenders of 2024 | U.S. News U.S News & World Report Money
15-Year Mortgage Rates: Compare Current Rates Business Insider
10-year refinance rates: What to know CNN Underscored
Mortgage Rates Chart | Historical and Current Rate Trends The Mortgage Reports
Should You Refinance Halfway Through Your Mortgage? Bankrate.com
Mortgage Interest Rates Today, February 18, 2024 | Why are Rates Still so High? Blame the Strong Economy. - Business Insider
Mortgage Interest Rates Today, February 18, 2024 | Why are Rates Still so High? Blame the Strong Economy. Business Insider
Mortgage refinancing up 20% as some lenders quote rates below 7% Business Insider
Why More People Will Be Turning to Mortgage Refinancing in 2024 The Motley Fool