Aug 18 2018
Lower mortgage rates often allow a homeowner to pay off mortgages in advance. However, you’ll need to determine if that’s a good idea or not. You may explore certain other alternatives like that of investing a portion of your extra income in a 401(k). You may pay off your mortgage earlier if you haven’t applied […]
Jan 25 2018
Image https://cdn.pixabay.com/photo/2017/05/18/11/04/key-2323278_960_720.jpg From 1st January, 2018, the Canadians who are getting a mortgage, or renewing their old one or refinancing their mortgage may require proving that they have enough ability to cope with the rising rates which are considerably higher than their contract rate. The new rules were announced by the federal financial regulator of Canada […]
Apr 25 2017
Image source Lending a mortgage is a huge risk for the companies who are in the home loan business, so it is hardly surprising that a huge number of applicants are turned down and have their dreams dashed each year in the USA. If this is something that has recently happened to you, it is […]
Sep 14 2016
Though home prices keep climbing, yet homes remain affordable throughout the US. What may be the reason behind this? Well, the present mortgage rates are tempering the rising home prices. In the last quarter, more than 7 among 10 US homes were deemed as ‘reasonable’ to households which earn the median income of the nation, […]
Oct 30 2013
Once you’ve finished your house search, made an offer for the property and been pre-approved for a mortgage, you may feel as though that home is yours. Unfortunately, however, the process is far from finished. You still have to prove your credit worthiness to the underwriter before everything will go through on the sale, and […]
Oct 2 2013
If it might be unrealistic bordering on naïve to assume that anyone really likes paying for insurance. However, it is something that might one day be all that stands between you and financial disaster so it might be important to take the matter seriously. There are, of course, dozens if not hundreds of different types […]
Feb 25 2013
There’s a new buzzword around town. And that buzzword is “mortgage credit report.” And it’s definitely in your best interest to pay attention to this new buzzword. Because if you ever hope to buy a home it is vital to know how important these mortgage credit reports truly are. Mortgage credit reports explained So let’s […]