A lot of people are finding themselves underwater in their homes and are considering a short sale to unload their home. But should they?
The Obama administration has announced changes to HARP program eligibility rules to allow more borrowers to become eligible to refinance.
For anyone who owns a home, it’s practically impossible to avoid junk mail related to refinancing the property. Are any of those offers legitimate?
The government has just launched “The Emergency Homeowner Loan Program” which gives help to those struggling to make mortgage payments.
Quicken Loans have been around for 25+ years, and have a solid record of good customer service. Are they a Mortgage company worthy of your time?
Negotiating rent prices can be an intimidating process. Most of us are used to the idea that we can negotiate the price of a home, car, or even our wages. However, when it comes to selecting a rental property, most of use look at that price as being set in stone. Last time, we took […]
Has home ownership gone from being a privilege for those who work hard and save up, to becoming a right for everyone?
CapWest Mortgage is a subsidiary of Farmers Bank & Trust, founded in 1907 as a small local bank in a central Kansas town. Are they a solid Mortgage company?
More than 11 million families are in “negative equity”, they owe more on their home than it is worth. Is it OK for them to walk away from their mortgage?
The real estate market was hit hard in the recent downturn. But not all is lost. Rates are low, and home prices are down. Buying a house? You’re in luck.
Dave Ramsey recently built a new house, and the home and land are valued at over $4,900,000! Did he follow his own teaching and pay cash?
I was reading up on what’s new in the mortgage markets and the economy over the weekend, and one piece of reporting caught my eye because it seemed like it couldn’t possibly be true. It was talking about how the Obama administration is considering making a move later this month where Fannie Mae and Freddie […]
Looking back on my financial life 10 years ago I thought owning a home was a sign I had achieved one of the most important financial goals. Not only did it mean I had good enough income to afford a mortgage, insurance and property taxes, I had an investment I could watch grow for years […]
Last month I wrote about how many people were in danger of being left out in the cold with their first time homebuyer or current owner homebuyer tax credits. Because of the large number of homes being purchased, and the slow pace that many banks were taking on homes being bought that were short sales […]