Bridge Loans Explained: How to Buy a New Home Before Selling the Old One
A bridge loan costs $13,000–$17,000 on a $200K loan—often less than the discount sellers demand for a contingent offer. Here's when the math works and when it doesn't.
Three Areas to Scrutinize on Your Good Faith Estimate for a Mortgage
When getting your good faith mortgage estimate, you have to scrutinize the terms and conditions to make sure you’re not paying more than you need to.
Four Tips for Safe Use of a Credit Card Online
Using a credit card online can expose you to identity theft. So, learn some tips on how to better protect yourself when you are on the web.
Mortgage Basics – Reading an Amortization Table
Most borrowers don’t should keep tabs on where their money goes to manage a home loan. Maybe giving a read on your amortization tables is in order.
Fannie Mae Posts Record Profits in the Second Quarter
Just a few years ago Fannie Mae was in a dire situation. They had gotten in over their head with subprime mortgages.
The Impact of Interest Rate Increases on Mortgage Applications
The lower the interest rate on a mortgage loan, the less a borrower pays monthly and over the life of the term.
Understanding What is APR and What is an Interest Rate
The interest rate on a home loan has a tremendous impact on how much you actually pay for the house.
Mortgage Basics – Using an Online Calculator for Mortgage Payment Estimates
Buying a house is one of the biggest decisions you’ll ever make – and probably the largest purchase you’ll ever make. Now you should think of the mortgage.
Tips for Evaluating an Investment Property
Getting the most amount of profit from an investment property is not going to come by accident – or luck.
Make an Extra Mortgage Payment and Take Years Off Your Mortgage
Homeownership isn’t for everyone. Maybe you like the idea of renting, as you’re not tied down to one place or responsible for repairs.
4 Qualities of Good Investment Advisors
Investment advisors can be found just about anywhere. Unfortunately, this does not at all mean that they are good ones or that your money is safe with them.
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Most Recent
Tighter Rules for Reverse Mortgages Goes Into Effect
Beginning October 1, the Federal Housing Administration (FHA) has put into effect major changes to the agency’s reverse mortgage program also known as the Home Equity Conversion...
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Real Estate Bidding Wars Are Back
With the recent uptick in the housing market, real estate bidding wars seem to have made a tremendous resurgence.
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The War on Robocalls Continues
Although there is less telemarketing than before, robocalls are still around and alive, despite efforts by both consumers and government agencies to end it.
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Growing Wealth by Buying the Farm
What might be a good real estate investment at this time? Consider buying a farm. Here's why.
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What’s it Mean if Housing is the New Stock Market
If housing is Now Like the Stock Market, what does it mean? Everybody has been writing about the financial meltdown just a few years ago, it seems, but not me. Another...
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Winterizing Your Home – Spend Some Time and Save Some Money
It’s not too early to think about the upcoming winter and your heating bills. If you spend some time now and do some relatively easy (and fairly inexpensive) things around your...
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