FHA vs Conventional Loan: Why the 4x Delinquency Gap Matters to You
FHA loans have a 11.52% delinquency rate vs 2.89% for conventional mortgages. Here's what that gap reveals about costs, requirements, and which path actually saves money.
Thousands of Mortgage Relief Checks Bounce
Part of the resolution to the mortgage meltdown was a government mandated mortgage relief program.
States With the Lowest Property Taxes
Property taxes are the number one source of revenue for local governments and school districts, but not for states.
Fannie Mae Posts Record Profits for 2012
Now, as the housing market is continuing to rise, Fannie Mae is recouping those losses: to the tune of $17.2 Billion in profits for 2012.
When Is It Time to Fire Your Realtor?
If your realtor has no plans for future marketing efforts, it’s time to fire your realtor and get one that will be more active to getting your home sold.
5 Keys to Finding a Good Realtor
Before you decide to contact the nearest licensed Realtor, first take a little time to find one that you know will really work to sell your home.
How Does the VA Mortgage Loan Program Work?
The VA mortgage loan program provides veterans, along with spouses and children of deceased veterans, with excellent benefits that help them purchase a home.
Financial Checklist Before You Buy a House
Creating a financial checklist before you buy your home is crucial. It’s important to make sure you have all your finances in order before doing anything.
3 Areas to Scrutinize On Your Good Faith Estimate For Your Mortgage
The law helps you know what you agree to by mandating that lenders provide certain disclosures, like requiring lenders to provide a good faith estimate.
Is It Time to Your Change Broker?
The best way to pick a broker or a financial advisor is to use one that is referred to you by friends. They generally have gone through the test...
Figuring Out How Big a Mortgage You Can Afford
Today, mortgage lenders use a calculation of how much income a person has poor paint off their mortgage debt, some still use ratios others avoid them.
See More
Most Recent
Pending Homes Sales Index Decline in June
After reaching its highest level in six years, the National Association of Realtors (NAR) reports that the pending homes sales index (PHSI) fell 0.4 percent to 110.9 in June and...
Read More
How to Get a Mortgage Through American Mortgage
The American Mortgage Service Company may be just the one you are looking for as it provides buyers with all types of mortgages.
Read More
When Do You Need Mortgage Insurance?
Not everyone with a mortgage has to have mortgage insurance. You should take a look to see if you will need mortgage insurance.
Read More
Reading the Amortization Chart for Your Mortgage
Knowing how to read an amortization chart is important as it reveals how much has been paid and how much is still owed at any point in time on your mortgage
Read More
How to Plan for Your First Mortgage
When you are ready to look into buying your first home, there are some things that you need to be aware of concerning your first mortgage.
Read More
New Home Sales Up 8.3 Percent in June
The shortage of existing homes may be reflected in the sales of new U.S. homes as the indicator rose to its highest annualized level in five years, according to the Commerce...
Read More