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?
What do you do when you can't afford your student loan payments? This is becoming a more common question in an uncertain economy. Jonathan recently asked: I cannot afford my student loans due to my ... Read More about What Do You Do When You Can’t Afford Your Student Loan Payments?
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), which is good news for a number of reasons. Bank of America is one of ... Read More about Bank of America Offers No-Fee Mortgages, No PMI
At least, the offer is good for up to $50,000 based on preset criteria for credit-worthiness. It's a legitimate offer too, as it is from my bank. I paid off my auto loan with them about 6 months ago, ... Read More about Pre-Approved For $50,000 Auto Loan