348 articles on "mortgage"

Interest Only Home Loan – Is It Right For You

There are many benefits to interest-only mortgage loans. There are many situations where an interest-only mortgage loan could be best for you.Here are some of the situations where an interest only mortgage loan might be beneficial to you:1. If you ar...

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You don’t need 10% or 20% down to get a home loan

The rapid increase in home prices over the past couple of years have left many potential home buyers struggling to come up with their 10% or 20% down payment. If you live in a hot market like Los Angeles, Manhattan or Miami, you might be able to aff...

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An introduction to UK Home Insurance

An introduction to UK Home Insurance by: George McGonigal Home insurance will provide you with financial protection against any damage your property might incur to both your buildings and the possessions within it. Unlike motor cover, home insur...

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More Bang for Your Buck With Mortgages

More Bang for Your Buck With Mortgages by: Elaine VonCannon Choosing a knowledgeable mortgage lender can make a difference in the quality of home you are able to purchase with your finances. I prefer to recommend a mortgage broker to my clients,...

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Should you Get an Interest-only Home Mortgage?

Should you Get an Interest-only Home Mortgage? by: Mark Lambie Before you consider taking out an interest-only mortgage, you should first understand what they are. Unlike traditional, fixed-rate mortgages, interest-only mortgages allows the borr...

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Avoiding PMI

Avoiding PMI by: Max Hunter PMI - a recurring, monthly, unwelcome guest. It sounds similar to and is about as welcomed as a similar acronym. PMI is private mortgage insurance. This insurance policy is paid for by the homebuyer when the amount of...

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Your Credit Rating and How to Check It

There is a lot of confusion surrounding UK credit ratings, credit scores, credit blacklists, credit reports, and credit files. This guide to your credit rating aims to give you the facts you need. What's in a Credit FileThere are two major cred...

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Mortgage Consumer Bill of Rights

Mortgage Consumer Bill of Rights by: Syd Johnson This bill of rights was laid out by Franklin Raines, president of Fannie Mae on January 15, 2000. The Mortgage Consumer Bill of Rights is a pledge fof $2 trillion over 10 years to help consumers g...

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WHEN IS IT RIGHT TO REFINANCE

With "everyone" talking about the historically low mortgage rates you are ready to decide if it "pays" to refinance. The "rule of thumb" supplied by mortgage companies is that if you can reduce your interest rate by 1% it is usually profitable. But t...

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Getting pre-approved for a home loan is one of the best ways to get a leg up on the competition when shopping for a home.

The real estate market is soaring because of low interest rates that have brought home buying to average Americans. All over the country, more renters are buying and homeowners are upgrading their properties. In this hot seller’s market, a pre-app...

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