A good mortgage rate can save you thousands, or even hundreds of thousands of dollars over the course of your home loan. That is why shopping around for good mortgage rates should be on your to do ... Read More about Mortgage Rates – Best Rates for Purchase and Refinance
There are many homeowners who have found themselves in the unfortunate position of being underwater on their home. Some of these homeowners live in a neighborhood where home values have declined, and ... Read More about Should You Walk Away from Your Mortgage?
A few years ago the real estate market was running wild and real estate brokers and investors did everything they could to get in on the action. That included using exotic mortgages with variable ... Read More about Comparing 15 Year and 30 Year Mortgage Terms
Second mortgages are a lot more common now than they were just a few years ago. There are several reasons for this - many people took out a second mortgage to make home improvements, consolidate their ... Read More about Should You Pay Your Second Mortgage Early?
We live in a financial world where renters are looked down upon by their ‘superior’ house-owning friends. They scoff, “You’re throwing your money away.” They brag, “My house is worth $5,000 more ... Read More about 6 Advantages of Renting Instead of Buying Your Home
My wife and I got our first mortgage bill for 2008 and our mortgage payment dropped $150 per month! We have a fixed rate mortgage and the lower mortgage bill is a result of a change in our property ... Read More about My Mortgage Payment Dropped $150 Per Month
Mortgage escrow accounts are a fact of life for most people with a mortgage. In most cases, your escrow account runs in the background and you probably don't think about it unless something goes ... Read More about Mortgage Escrow Accounts Explained – The Good, the Bad, and the Ugly
A Home Equity Line of Credit (HELOC) is a flexible line of credit against the value of your home. You use your home’s equity as collateral against the loan. Usually, the borrower agrees to a certain ... Read More about What is a Home Equity Line of Credit? HELOC Risks & Benefits
Bank of America recently announced it is offering no-fee mortgages and will not charge for private mortgage insurance (PMI). You will not pay fees for: Bank of America will not charge for ... Read More about Bank of America Offers No-Fee Mortgages, No PMI