What a Mortgage Escrow Account Actually Does With Your Money Each Month
About 80% of mortgage holders have an escrow account. See how lenders collect and hold your property tax and insurance payments each month.
What not to do when listing your house for sale
Selling your house during a down market is always a challenge, and you may have to go the extra distance to make sure you are actually able to find a...
Making A Smart Offer on a Home
When making a smart offer on a home, you must include a deposit with the offer that signifies to the seller that you are actually serious.
Mortgage Rates at All-Time Low as Refinancing Increases
Today the Mortgage Bankers Association released its Weekly Mortgage Applications Survey, showing a Market Composite Index increase of 7.5%.
US Home Prices Continue Falling
According to S&P’s Case-Shiller Home Price index US home prices dropped 1.3% from October to November, continuing a decline in home prices.
2012 Prospective Homeowner Financial Checklist
The first thing a prospective homeowner needs to do is determine if they can qualify for a mortgage and if they can afford to pay one.
Financing Options for Home Purchases in 2012
In order to make sure payments are affordable, you must understand how the different mortgage options for home purchases are structured.
Mortgage Purchase Applications Drop Last Two Weeks of 2011
The Mortgage Bankers Association (MBA) announced the recent application data for purchases and refinances.
Understanding Principal Reduction for Underwater Mortgages
Part of the American dream is to be a homeowner. As housing sales and prices have slumped over the last few years, many homeowners found they owed more on their...
Challenging Your Foreclosure Process
Many people who are facing foreclosure simply resign themselves to losing their home. Sometimes, however, foreclosure is not inevitable. You have other options, including a short sale where you sell...
Six Warning Signs for Mortgage Modification Scams
Be aware of financial predators and be able to identify the key characteristics of mortgage modifications scams.
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Most Recent
NAR Reports Existing Home Sales Reach 3-Year High
The housing market continue to churn forward, as existing home sales increased to its highest activity level in more than three years, according the NAR.
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Bernanke Worried About the Shadow Banking System
“the shadow banking sector is smaller today than before the crisis... regulators and the private sector need to address remaining vulnerabilities.”
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Housing Market Index Shows Upbeat In Builder’s Confidence
Even with rising home values and increase cost for material and labor, new home builders continue to show confidence in the residential market for single family homes.
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Mortgage Lending Requirements Slowly Begin to Loosen
For the past few years only those with great credit were able to finance a house. But lately, signs have shown that lending requirements are loosening.
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Thousands of Mortgage Relief Checks Bounce
Part of the resolution to the mortgage meltdown was a government mandated mortgage relief program.
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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.
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