Apples vs. oranges. Boxers vs. briefs. Dave Letterman vs. Jay Leno. These debates may rage on for decades, and we can add another one to the list: fixed vs. adjustable. We’re speaking, of course, of fixed rate and adjustable rate mortgages.
A truth in lending disclosure is a federally mandated document detailing loan costs. By law, creditors are required to give you a truth in lending disclosure for any loan, including "closed end" accounts such as mortgages or "open end" accounts like credit cards.
The article describes about how short term cash loans that can be availed with least hassle. No pledging of collateral, no faxing of documents and no credit check are some of the benefits that can be availed by applying for this loan.
Buyers always face many dilemmas when they buy a home. Here are the answers to some of the key doubts. Real estate, even if a mainstream investment and probably a part of every financial showcase is also an exceptional.
These days with the influx of an unstable financial market and the constant lowering value of real estate, financial institutions are trying to make up for lost profit by offering mortgages that have the lowest ...
You won't have to look far on the internet to find an endless barrage of web sites promoting the glamorous seductive lure of Forex trading. Unfortunately most people who are new to the Forex
At one time, no income verification mortgage loans were easily available. However, the role that these loans played in the financial crisis that started in 2007 has made lenders more cautious, and these loans more difficult to obtain. Still, legitimate reasons exist for a homeowner to borrow money o
For the last couple of years interest rates have been at record lows and it is only a matter of time before they start creeping back up again. If you own a manufactured home and ...
When the time comes to refinance your mortgage, keep in mind that refinancing mortgage costs can add up. In addition, if you feel that the costs are too high, then maybe it is time to ...
A single miss on your mortgage payment can be catastrophic but it may continue on and go out of control. Everyone should be ready to avoid having their bills pile up and pretty sure, no one wants to e
FHA inspections and appraisalbuilding inspector,woman image by Greg Pickens from Fotolia.comFederal Housing Administration (FHA) appraisers are required to do much more than assess the value of a property, they are also required to inspect the property for defaults or defects. FHA...
Indications show the economy is in trouble and getting a 100% mortgage is proving more and more tricky in the current times. If you are finding it hard, there are some the options available. For example ...
If you don't pay your mortgage, you will receive a "notice of default" from your lender, initiating the foreclosure process. If you have no equity in your home you won't be able to refinance it and if you can't pay the monthly mortgage payment, you have few options. But, if you do have equity (th
Debtors typically have particular needs. Staying persistent in doing some research regarding the several types of mortgage loan is the starting point to obtaining the perfect home mortgage deal. The next step you can do ...