Mortgage & Finance Articles

4,679 Posts
Save your Cash and Buy New Construction
30 September, 2009| Home Builders, Home Buying, Mortgage & Finance
Save your money by buying new construction that is already on the market rather than custom building. Banks are still tight on their loans and if you buy a lot, you will need another loan for the... read more
Can you Tell Me About HomePath Properties and Fina...
29 September, 2009| Foreclosures & Investments, Home Buying, Mortgage...
Can you tell me about HomePath properties and financing? HomePath properties are homes that Fannie Mae has foreclosed on. The homes include single-family homes, town homes and condominiums, and are... read more
How to Save in Our New Frugal World
28 September, 2009| Mortgage & Finance, General, Education
 [1]RISMEDIA, March 4, 2009-(MCT)-What a difference nine months make. In the not-long-ago credit-card binge days, one of the “in” things was to own a TV the size of a bus. Today, it’s to have six... read more
Trying to get the $8000 Tax Credit? Open House Sun...
26 September, 2009| Home Buying, Mortgage & Finance
Check out my listing at 1338 Edenderry in the Missouri City/Sugar Land area. Listed at $179,9000 this is a great home for the first time homebuyer. The home across the street just cam on the market as... read more
I Don't Qualify for a Mortgage --- Can I do a Leas...
22 September, 2009| Home Buying, Mortgage & Finance, General
I don't qualify for a mortgage -- can I do a lease to own?  In 2005 Texas enacted tough laws governing lease to own transactions that made them subject to strict regulation under the code.&n... read more
Regulators seize construction lender Corus Bank
17 September, 2009| Mortgage & Finance, Neighborhoods & Communities, I...
Regulators seize construction lender Corus Bank By IEVA M. AUGSTUMSThe Associated Press Friday, September 11, 2009; 9:59 PM CHARLOTTE, N.C. -- Federal regulators on Friday said... read more
How Can Self Employed Qualify for Home Loan?
15 September, 2009| Mortgage & Finance, General, Education
How can  the self employed qualify for a home loan?  In the past self employed individuals with decent to excellent credit did not need to genuinely prove their income.  They... read more
Before applying for your loan.
13 September, 2009| Home Buying, Mortgage & Finance, General
  Make a list of any questions you have about the loan program.Be sure you understand the advantages and disadvantages of the various mortgage programs for which you may qual... read more
Refinancing
13 September, 2009| Mortgage & Finance, General, Education
There are two primary reasons to refinance a mortgage: to get more desirable rate and terms, or to extract cash from the home's equity. Rate-and-term refinancing Rate-and-term refinancing pays off on... read more
Appraisals: the challenges ahead
11 September, 2009| Home Appraisals, Mortgage & Finance
The Trouble With the HVCC How new rules meant to ensure the integrity of the appraisal process have infuriated appraisers and stymied sales from coast to coast. The rules, which went into effect May... read more
Current Interest Rates
8 September, 2009| Home Buying, Mortgage & Finance
Rates as of Friday, September 4, 2009 (Conforming rates DOWN  for the week):The following assumptions apply: 20% Down Payment (call for other options) 1% Origination Fee Escrows Required (... read more
Seniors Increasingly Realizing Nest Egg in Life In...
7 September, 2009| Mortgage & Finance, General, Education
By Bob Moos RISMEDIA, September 2, 2009—(MCT)—Seniors battered by the tough economy are selling their life insurance policies to replenish their retirement nest eggs.  Unlike younger invest... read more
Cost of your mortgage and finding a mortgage
7 September, 2009| Home Buying, Mortgage & Finance, General
The same care and consideration you give to finding the right house should be applied to your search for the right mortgage lender. For most home-buyers a major determining factor in selecting a lende... read more
Mortgage update
2 September, 2009| Affordable Housing, Mortgage & Finance, Education
Mortgage Bonds are trading modestly higher this morning, thanks in part to the recent pullback in Stocks. In the news, the ADP Employment report came in worse than expected. Also this morning, Revise... read more
Home Buyer Tax Credit Almost Gone!
2 September, 2009| Home Buying, Mortgage & Finance, General
ALERT: Buyers only have until December 1, 2009 to take advantage of the first-time buyers tax credit authorized in the American Recovery and Reinvestment Act of 2009.   Consult now with your... read more