Whoever has been around in the last two or three years knows exactly what is going on in the market. If you are a first-time home buyer who has had trouble getting mortgage loans to buy a house, you understand the pain of many others who are in...
How hard it is to deal with rental properties
Few people are smart enough to know how hard it is to make money from real estate investments. Everyone can't do it, though. It's not always easy to find a good mortgage rate for an...
Predatory lending is when lenders in the mortgage industry do things that aren't right. These kinds of lenders take the borrower's home equity and put them at risk of losing their home. But you don't have to get a loan from a lender who takes...
Every year, people in this country spend more and more money on home improvements. A recent study by the Harvard Joint Center for Housing Studies found that home improvements cost homeowners $149.5 billion in 2005. This is 4.3 percent more money...
Your financial planning should include a Life Insurance Needs Analysis. Even if you meet with a professional financial planner or insurance agent, you should know how your suggested death benefits are calculated. I've found that customers are...
You might think this is a strange question and think that everyone's is calculated the same way. Well, the way your lender figures out how much interest you owe can make a big difference in how much interest you end up paying.
With an...
When you plan your kitchen, it's important to put things where you'll use them first.
If the first thing you do with a kettle is hold it under the faucet and fill it with water, store it near the sink because the last thing you'll do with...
Credit repair seems like it would take a long time, but it doesn't. Credit repair is a booming business right now, but there are a lot of shady people making money in the market. Before you sign a contract, credit repair companies are required by...
A new law shows that the government is doing everything it can to make it easier for high-risk borrowers to get mortgage loans. Since the Federal Reserve Board recently took steps to lower federal interest rates, the United States House of...
With the real estate market in such bad shape, lenders have tried a lot of short-term fixes to get more business. In short, banks are tightening their requirements and finding it hard to find lenders willing to take on the high payments that come...