Articles

Selected category: Mortgages

If you have bad credit, you may not qualify for a mortgage on your own. But will it help to have a cosigner?

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Homeowners who are falling behind in their mortgage payments are not necessarily getting turned over to collections. Instead, there are other options available to avoid foreclosure.

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Are you having problems trying to save up money for a down payment on your home loan? There may be a new program to help you out!

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The day you pay off your mortgage is an exciting day. So why would you want to put that off? Here are some reasons not to.

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Do you have questions about missing mortgage payments or being late a few times? Here are some answers to common mortgage payment questions to help you understand your options better.

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If you could benefit from a mortgage modification, consider going to the Palm Beach Convention Center between now and Tuesday to join thousands of others receiving counseling sessions.

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It seems like every time we turn around, the federal government has another program to help troubled mortgage borrowers. Is more government intervention the answer or are we relying too much on the government to get us out of this mess?

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What are Some Advantages of an Adjustable Rate Mortgage?

Adjustable rate mortgages have gotten a bad reputation in recent years. But they really have some great benefits for the buyer.

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Four Questions That Your Mortgage Lender Will Ask Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Four Questions That Your Mortgage Lender Will Ask

Meeting with a mortgage lender may seem like an intimidating process. But if you know some of the questions they are going to ask, you can be prepared and less intimidated.

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Average 30 Year Fixed Rate Mortgage Drops Below 4% for First Time Image Image courtesy of hywards at FreeDigitalPhotos.net

Average 30 Year Fixed Rate Mortgage Drops Below 4% for First Time

The average thirty year fixed rate mortgage rate dropped below 4% for the first time on record according to Freddie Mac's Weekly Mortgage rate survey. Fifteen year rates and 5/1 ARMs also dropped to record lows as the chart below shows.

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Is a Reverse Mortgage Right for You?

What’s a ‘Reverse Mortgage’? A reverse mortgage is a type of mortgage that allows a homeowner to borrow money against the value of their home. The borrower does not have to repay the mortgage’s principal or... Read →

In Massachusetts even borrowers with good credit are having trouble getting a jumbo mortgage. The credit crisis seems to have spread beyond just the sub prime market.

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Getting the Type of Mortgage that Is Best For You Image Image courtesy of Sujin Jetkasettakorn at FreeDigitalPhotos.net

Getting the Type of Mortgage that Is Best For You

Choosing a mortgage loan should seem like a straightforward process; you borrow money from a lender for a specified amount, for a set period of time, and pay it back. However, getting a loan you feel comfortable with, one that's flexible during good times and bad, can be a challenge.

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Mortgage Prequalification versus Mortgage Preapproval Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Mortgage Prequalification versus Mortgage Preapproval

What's the difference between mortgage prequalification and mortgage preapproval? Which one is better?

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Comparing 15-Year & 30-Year Fixed Rate Home Loans To A 10/1 ARM

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