Tag Archives: finance

Mortgage Refinance Interest Rates | The Advantages And Disadvantages Of Low-cost And No-cost …

Since closing costs can sometimes be steep, many homeowners are searching for a low cost or no cost mortgage. Often times, they are also looking for a no fee refinancing. With the growing demand for more economical loans, came the need for no fee financing. A no cost finance loan is simply a loan in which the borrower does not have any closing costs to pay. The lender pays fees that often    .. more …

Mortgage Interest Rates | Using Home Loans To Consolidate Your Debt – Article Dashboard

Different Types of Debt Consolidation Mortgage Loans If choosing to consolidate debts, homeowners usually obtain a lump sum of money. The funds can be used to payoff credit card balances, personal loans, auto loans, etc. Once credit account balances are zero, homeowners simply submit one monthly payment to repay the debt consolidation loan.Because debt consolidation mortgage loans have very low    .. more …

New York State Foreclosure | What Happens After The Bubble

On the other hand, on the Jersey Shore, and in suburban New Jersey’s Bergen and Passaic County, near New York City, a real estate bubble has definitely been built. For example, on the Jersey Shore (New Jersey), not far from New York City, the foreclosure rate on homes is climbing in some fairly ritzy neighborhoods. The foreclosure rate has doubled both there, and in nearby Bergen and Passaic    .. more …

Mortgage Interest Rates | Mortgage Loan Interest And Tax Savings – Article Dashboard

Step 1: Check the current mortgage interest rates. Just giving a couple of phone calls to lenders or a quick search in the Internet can do this. You need to get your rates on conventional fixed rate loans. Step2: Meet a reputed local lender and let him assess how much loan you can actually qualify for. Usually he will calculate your income to debt ratio, do a quick credit score and will analyze    .. more …

Mortgage Interest Rates | The Best Mortgage Loans Are Probably Online

It can be easy to be blinded by low rates of interest when looking for a mortgage. However you have to also take the time to compare the small print as this is where additional costs can be found and there can be many. All of these will add to the cost of your mortgage and so must be considered. The easiest way to compare mortgages is with a specialist website. A specialist website will allow you    .. more …

Mortgage Interest Rates | What To Look For When You Compare Mortgage Lenders

Listed below are some essential requirements of the procedure that should be looked into, before closing a mortgage deal: – The current mortgage rates.- The documents required for the approval.- The opening and closing costs applicable.- The initial application fees.- The lock-in period.- Rate of floating or fixed interest.- The mortgage insurance.- Total lender fees payable.- Monthly    .. more …

Existing Home Sales | Builders Suffer Due To Mortgage Crisis

During last month the existing home sales fell down again and it is reported that a large number of homebuilders are facing the worst ever quarterly earning. These homebuilders believe that the main reason behind this mess in the stressed housing sector is the continuous sub prime mortgage crisis. The National Association of Realtors mentioned that during the month of August it was noted that the    .. more …

Mortgage Interest Rates | Getting The Most Out Of Refinancing

Adding a three-car garage or stainless steel appliances and granite countertops in the kitchen may seem a bit self-indulgent. But remodeling, upgrading appliances, or adding on to your home can potentially add significant value and be a very wise investment. So you can enjoy the luxuries while you’re living in your home and benefit from them when you sell it by capturing a higher selling price or    .. more …

Existing Home Sales | Exchange With The Great Canadian American

It seems there could be an exchange of property buying going on across the Canadian border. On the one hand Canadians are buying over the border in USA, and on the other hand Americans are opting to buy in the stronger Canadian realty market. Although contradictory, both scenarios can make sound financial sense, depending on which logical trail you are following. According to American Dollar Index    .. more …

Existing Home Sales | Rise In Home Sales………..Where Is The Real Estate Market Heading?

9.4% surge in existing home sales in the month of September! Isn’t it surprising? If you are the one who went through tough times during recession, then here’s good news for you. According to a recent report revealed by the National Association of Realtors the housing market has finally begun to stabilize. Lower prices and the expiration of tax credit have lured many first time home buyers.    .. more …