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?
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.
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 […]
The last few years have been tough ones for the real estate market, and especially for the banks who have watched as thousands of their home loans have gone into default, and homes into foreclosure. Because the lending market has become so tough, lending guidelines have already started changing, making it tougher for some people […]
Owning a home can be a blessing or a curse. Truly, homeownership can lead to great wealth or great financial ruin. If you’re thinking about buying a house, consider these potential expenses before diving in. While you might already be paying for some of these things while renting, it is still important to have an […]
With the recent extension of the homebuyers tax credit and expansion to include a current homeowner tax credit, there is probably going to be a lot of people in the market for a new house. These credits are yet another way people can benefit from economic weakness. If you are in the market for a new […]
The homebuyer tax credit closing deadline has been extended until September 30th, 2010 for those who were under contract by April 30th, 2010. Details here. If you’re a first time homebuyer and you thought that you might be out of time when it came to getting the $8000 refundable tax credit, think again! On Friday […]