Adjustable-Rate Mortgages May Still Work for Those Who Know What They Can Afford

Adjustable-rate mortgages aren’t very popular these days. Thanks to the bad press ARMs have been getting, home buyers are flocking to the security of fixed rates. But that does not mean ARMs are dead. While ... More... (Mortgage Education)
Add a Comment , April 18th, 2008

What You Should Know About The Option ARM Mortgage

Everybody I have talked to finds the elaborate vocabulary of mortgages distressing and complex. There is the Pay Option, the Pick-a-Payment, the Cash Flow ARM, and then there is the Option ARM. The beauty of these ... More... (Mortgage Education)
Add a Comment , , April 18th, 2008

5 ways to ease retirement fears

A recent Wachovia survey reported that more than half of female respondents feel worried when they think about being prepared for retirement. Here are five things you can do to ensure that your retirement years ... More... (Mortgage Education)
Add a Comment April 14th, 2008

Troubled homeowners fall prey to “rescue” scams

By Nick Carey EASTPOINTE, Michigan (Reuters) - Among the byproducts of the U.S. housing crisis is a surge in scams that cheat people out of their money, their homes, or both, under the guise of offering ... More... (Foreclosure News, Education, and Updates, Mortgage Education, Mortgage News)
Add a Comment , April 11th, 2008

Mortgage News: N.H.’s mortgage crisis: how to get help

Sources of help for homeowners and prospective homeowners: STATE: -- New Hampshire Banking Department mortgage advice line, 800-437-5991, http://www.nh.gov/banking -- New Hampshire Housing Financing Authority: 472-8623, http://www.nhhfa.org CITY/REGIONAL: -- Littleton: Ahead Inc., 444-1377, http://www.homesahead.gov -- Concord: CATCH Neighborhood Housing, 225-8835, http://www.catchhousing.org -- ... More... (Foreclosure News, Education, and Updates, Mortgage Education, Mortgage News)
Add a Comment , , March 23rd, 2008

House Passes Mortgage Fraud, Foreclosure Rescue Bills

The House of Delegates overwhelmingly passed bills yesterday creating a criminal statute allowing authorities to prosecute mortgage fraud and prohibiting "foreclosure rescue transactions," in which homeowners are tricked into signing over residences to third parties. Read ... More... (Foreclosure News, Education, and Updates, Mortgage Education, Mortgage News)
Add a Comment , March 21st, 2008

In a crisis, investors look for ways to survive

SANTA FE, New Mexico: Managements often put the best possible light on the companies they run, and shareholders are inclined to accept that view, or even think things can be better. If you are not ... More... (Mortgage Education, Mortgage News)
Add a Comment , March 21st, 2008

Mortgage News: Leery lenders demand more from borrowers

Banks remain wary of home loans; lending standards as strict as they were 20 years ago Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder ... More... (Mortgage Education, Mortgage News)
Add a Comment , , March 21st, 2008

Ready to buy: What is the right time to get mortgage preapproval, run credit check?

WASHINGTON (MarketWatch) -- Question: My wife and I are looking for a home to buy. We understand the great rates and cheap houses are making for a great opportunity. We have worked on our credit ... More... (Mortgage Education, Mortgage News)
Add a Comment , , , March 21st, 2008

Canadians in a hurry to pay off mortgage

Canadians who have recently purchased, renewed or refinanced a mortgage want to quickly pay off their debt, a survey by the Canadian Mortgage and Housing Corporation indicated Wednesday. Seventy-eight per cent of respondents said they wanted ... More... (Mortgage Education, Mortgage News)
Add a Comment , , March 20th, 2008