Tag Archives: mortgages

Mortgage Interest Rates | Are You Making A Home Mortgage Mistake? – Article Dashboard

Too many home owners ignore the economic climate and falling home values, and believe that they should make a profit from what they bought the home at. The most common reason for being turned down for a mortgage is a low home appraisal. Realistically estimating the value of your home is vital before considering refinancing and speaking with a mortgage lender.2.The Project Starter – If you are    .. more …

Mortgage Interest Rates | Mortgage Is Not A Bad Word: Steps To Getting A Home Loan In The …

Mortgage calculators and other useful tools are easily found on the web at sites like Realtor.com and Zillow.com. Taking the time to figure out a practical price range will save time and heartache when the actual house hunting begins. A good place to start is to gather all financial records and look into credit scores. It is also important to determine in advance how much cash is available for a    .. more …

Mortgage Interest Rates | When Should You Refinance A Second Mortgage?

Refinancing your second mortgage can be a good deal if the interest rates are better than what you already have. Otherwise, not only would you be increasing your payments, but you would also be adding the cost of refinancing to it, too. If the current interest rates are lower than what you are paying now, by at least a full percent, then it could be a good move to refinance. Or, if you have built    .. more …

New Home Sales | Where Things Are Really Tending In The Mortgage World!

Tuesdays 2-yr auction ($42 billion at 1.11%) was the talk of the town, in spite of generally being considered an average auction, or perhaps a little better. Indirect bidding, with all of its questionable worth but still used as a gauge of non-dealer customer demand, was good at almost 50%. Most believe that today’s 5-yr auction, and tomorrow’s 7-yr auction, will be a better thermometer of general    .. 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 …

Existing Home Sales | Daily Tips And Updates About The Mortgage Industry

How is giving the money to banks working out? Many argue “not so well”. The injections have made the banks richer and less likely to become go bankrupt, but it doesn’t force them to lend money out. Heck, they may want to use the money to cover the bad loans they either already have on their books or may have in the future. Government directives go to Fannie and Freddie, who in turn offer to buy    .. more …

New Home Sales | Todays Mortgage News 2/28 – Article Dashboard

Have you ever heard of Bayview Mortgage Capital? Me neither, until I read a report saying that they are a “newly formed” mortgage company, with their parent (Bayview, out of Florida) being owned by the Blackstone Group, and that they filed for a $500 million IPO (initial public offering). Per the report, they will be using the money to possibly qualify as a REIT and/or to use the money to buy    .. more …

Mortgage Interest Rates | What You Must Understand Regarding Mortgages

Many people do not understand what a mortgage actually is. That is why they find the idea of having a mortgage deal in order to own a home a little bit intimidating. There are a few things about mortgages that you need to know. When dealing with mortgage, you will encounter these terms: term, rate, and cost. The mortgage term is the span of time during which you will pay off your debt or loan.    .. more …

Mortgage Interest Rates | A Little Piece Of Good News For The Gloomy Property Market

The housing market in Britain is on a decline with more and more people being forced to sell due to rises in mortgage interest rates, and less buyers willing to invest in housing. More first time buyers are staying away from the housing market altogether as lenders become stricter their lending criteria and harsher with their interest rates. For those who need to re-mortgage the market is moving    .. more …

Mortgage Interest Rates | What Type Of Mortgage Is Best For You?

With all of the different types of mortgages out there, it is difficult to know which one is the right one for you. Here is a quick rundown and brief explanation of a few different mortgages you should consider. Also remember, taking out a mortgage is only a good idea if you have the money to pay it, never take one out on the hope that someday you will be making enough to pay the payments. A fixed    .. more …