Tag Archives: loan terms

Over One Million Enroll In Obama’s Mortgage Modification Scheme

Only 170,000 have completed the paperwork, while 1.1 million home owners have begun the process. The program is having a tiny impact on America’s high rates of foreclosures. Las Vegas is hard-hit by foreclosures but fewer than 4,000 homeowners have … Continue reading

Posted in Banks, Foreclosure, mortgage, Politics | Tagged , , , , , | Comments Off on Over One Million Enroll In Obama’s Mortgage Modification Scheme

Should The United States Government Insure Mortgages?

How would such a program work? Isn’t that what Barney Frank’s bill would do? Will the average home owner be able to understand the fine print? What does it mean when a borrower is underwater? That he owes more on … Continue reading

Posted in Politics | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Should The United States Government Insure Mortgages?

Saving Money On Your Refinance

Richard Rives writes: March 20, 2008 Mortgage refinancing is a financial solution for homeowners that due to market conditions or a bad credit were forced to request and were approved for a home loan with a high interest rate and … Continue reading

Posted in Articles | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Saving Money On Your Refinance

The Rush To Refinance Down Under

The Daily Telegraph of Sydney writes: THE decision by banks to whack on a bit more after the last two Reserve Bank interest rate rises means that borrowers have effectively had six interest rate rises this financial year. As a … Continue reading

Posted in Articles | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on The Rush To Refinance Down Under

How To Use The Mortgage Refinance Calculator

Saurabh Jain writes: March 13, 2008 You can use a mortgage refinance calculator to find out your savings if you switch to a new mortgage. The new calculator will help you determine whether the new plan that you are considering … Continue reading

Posted in Mortgage Calculator | Tagged , , , , , , , , , , , , , , | Comments Off on How To Use The Mortgage Refinance Calculator