Tag Archives: money

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 …

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 | 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 …

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 | Buying A Home With A Mortgage

Buying a home is an exciting prospect. Choosing the location, the floor plan and finally sealing the deal. There is an important element that exists in most home sales and that is the mortgage. Whenever you purchase a home and you don’t pay the full price in cash, you have to obtain financing. This type of financing is a mortgage. When you take out a mortgage you are using the property as    .. more …

Existing Home Sales | The Effects On The Falling Sales Prices

A market price of any product is determined by several factors. In real estate industry, the price of a house is always vulnerable to faltering financial conditions of the market. The housing sale is the most influencing factor in determining its price. In recent times, the wavering housing sale is being expected to leave a deep trace in housing price.The recently published House Price Index    .. more …

New Home Sales | Soft Landing Projected For Current Record Housing Boom

The five-year boom in existing and new housing sales in many U.S. housing markets is expected to cool in 2006 but final results should still be second best in history, according to projections by top industry economists. National average home price appreciation is also expected to slow from an unsustainable rate of 12.7% this year to about 5.0% next year.Existing home sales, increasing 4.8% this    .. more …

New York State Foreclosure | What Happens After The Bubble

Real estate prices have fallen across the United States, and most rapidly in the location that were the parts of the real estate bubble going up the most rapidly in the last five years, such as Florida, Arizona, and the Boston, Mass. area. Still, some areas must be better opportunities for new buyers. After all the question remains, has the bubble gone down far enough, or does it still have a    .. more …