Tag Archives: hartford courant

Crunching The Numbers On Your Refinance

The Hartford Courant says you need to crunch some numbers before seeking out a mortgage broker or lender. You are going to need a credit score of over 700 to refinance and at least 20% equity in your home. You … Continue reading

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Pros & Cons Of Reverse Mortgages

If you have a big mortgage and little equity, a reverse mortgage can be a better choice than foreclosure. A decline in divident payouts is causing more seniors to consider reverse mortgages. There are all sorts of new economic challenges … Continue reading

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Beating Up On Alan Greenspan

Henry Waxman tore into the former Federal Reserve chief last Thursday. Waxman represents Beverly Hills. He acted with great theatricality before the TV cameras. Waxman is always prepared but he is a tough questioner. The Hartford Courant reports: Congressmen who … Continue reading

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HOPE For Homeowners Program

From the Hartford Courant: Borrowers in trouble can apply to participate in the program either by going to the lender that holds their mortgage or by finding another lender approved by the Federal Housing Administration. Lenders can also identify borrowers … Continue reading

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Refinancing is in the Details

From the Hartford Courant: With the slowdown in the real estate market, and interest rates at historic lows, many lenders are pushing refinancing. Refinancing also comes with $2,000 to $2,500 in fees that you will pay, one way or another. … Continue reading

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