If buying a home is the American Dream, then getting a mortgage or a double mortgage can easily turn into the American Nightmare. In fact, the word "mortgage" comes from a French-to-English word that means "dead."
Here's something else...
Cutting costs might cost you. It's always better to put money away than to cut costs. But if you are in a tough financial situation, it will be very hard to save money.
Most homeowners who want a simpler way to make their mortgage payments...
One thing that blemishes and bad memories have in common is that they can be erased. It doesn't matter if the spot is on your shirt, your furniture, or your credit report; it can be fixed. Even if you have bad credit, you should still be able to...
There are many different kinds of mortgage lenders, and each one specialises in a different part of the market.
Seller-financed
A buyer can get financing from the person selling the property. This kind of deal is very dangerous....
In the United States of today, too many people have bad credit. On the other hand, many lenders now have looser lending rules than they did in the past, which makes it easier for people with bad credit to get a mortgage. So, even if you have bad...
Copyright 2006 Darren Dunner
Want help buying a new home in California or refinancing your current mortgage at today's rates? By looking at California Loan Rates in depth, you can figure out how to use your equity to consolidate your...
Tell your auto mechanic, the owner of your favourite restaurant, and the person who cleans your pool that it's the end of the line for subprime business loans. I think that in six months, the market for subprime commercial mortgage loans will...
There are a lot of good reasons to think about an adverse remortgage, especially if you have an adjustable rate mortgage (ARM) that is about to change. In the sub-prime lending market, many people who borrowed money to buy a home have mortgage...
The current mortgage crisis could be a nightmare for those who are right in the middle of it. But with a little bit of planning and a lot of hard work, you can use the mortgage crisis to your advantage and come out on top. Remember that not every...
Having a mortgage can be expensive. Since interest is added to your payments over the life of the loan, a big chunk of what you end up paying is just interest and not the loan itself. Obviously, it's important to be able to pay off your mortgage...