Conforming Mortgage in the U.S. Today

In basic terms, a conforming mortgage is a home loan that Freddie Mac and Fannie Mae would buy due to the fact that the mortgage meets these two agencies’ dollar...

US Cities with the Highest Foreclosure Rates Since 2007

It seems mortgage lenders have decided to lift the self-imposed foreclosure moratorium, which slowed the rate of foreclosure litigation.  In October 2010, lenders drastically curtailed foreclosure filings after receiving significant...

Selling a House in a Short Sale Process

Selling a house in a short sale is a positive alternative to foreclosure, better for both the homeowner and the lender.  A short sale involves the sale of a home...

Foreclosure Process: What to Expect

mortgage is a secured debt, which means the home acts as collateral for the mortgage loan.  When you fail to pay your mortgage, the mortgage lender can take the collateral...

Finding a Mortgage Today

When your parents got a mortgage on their first house, they did not have to face the sheer number of loan types and lenders that are available today.  Home buyers...

Hidden Home Mortgage Costs

When you are buying a house, there are several fees associated with home mortgage costs – many of which need to be paid at the closing.  Some are negotiable while...

Refinancing a Mortgage in Today’s Market

With interest rates at historic lows, many homeowners are considering refinancing a mortgage. However, before you sign up for a “refi” be sure that it is the right choice for...

Today’s Jumbo Mortgage Market

No, the opposite of a “jumbo mortgage” is not a “small mortgage,” it’s actually a “conforming mortgage.”  So what do these terms mean and how do they apply to you?...


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