Tag Archives: mortgage transaction

Private Mortgage Insurance

Dale Mayer writes in The Home Mortgage Book: PMI is insurance taken out on a loan to protect the lender from losing money in the transaction. It is common knowledge in the mortgage industry…that people who cannot afford to put … Continue reading

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Making Home Financing Easier

(ARA) While many Americans get ready for summer travel, barbeques, and other rites of the season, thousands will be taking advantage of a buyer’s market by looking for a new place to call home. Whether you are buying your first … Continue reading

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Be Wary Of Those No-Cost Refinance Loans

They sound good but they may not be good for you. Read the fine print. Add up all the costs. Usually these no-cost loans will have a higher interest rate. The Newark Advocate writes: You might have seen ads lately … Continue reading

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