By admin on August 30, 2009
Mortgage interest rates moved down slightly this week. This was a good sign since it was not preceded by any rate cuts from the FED. The 30 year mortgage rate fell from 6.52 to 6.47 and the 15 year mortgage rate fell from 6.07 to 6.00. For arms the 5 year rate fell from 6.02 [...]
Posted in Business and Finance | Tagged and, down, fannie, freddie, impending, interest, mac, mae, mortgage, move, of, rates, slightly, takeover, the |
By admin on August 28, 2009
Reverse mortgages are an exciting and fast growing way for seniors 62 and older to keep their property and tap their equity to improve cash flow. Many people have questions about reverse mortgages and here are some common questions and answers. What is a reverse mortgage? A reverse mortgage is a loan for seniors 62 [...]
Posted in Business and Finance | Tagged about, asked, frequently, mortgages, questions, reverse |
By admin on August 26, 2009
After an extended period of prosperity and unprecedented growth, the UK economy, like many economies of the Western world, has fallen on troubled times with many predicting that a recession lay just around the corner. Combined with rising oil prices and a general increase in living expenses, many families are starting to feel the squeeze [...]
Posted in Business and Finance | Tagged credit, crunch, in, money, raise, the, to, various, ways |
By admin on August 24, 2009
This document explains the eviction process used to evict homeowners in the UK due to unpaid secured loans. It offers advice on how to prepare for the court hearing and how to deal with lenders. Firstly it is important to know that your lender can not evict you without a court order. If you have [...]
Posted in Business and Finance | Tagged evict, if, lender, me, mortgage, my, threatens, to, what |
By admin on August 21, 2009
Do you want to make sure that you get to keep your house? If so, you need to start by learning How to Write a Hardship Letter. When we enter financial difficulties, we often find that we might be watching everything in our life fall over, as though they were stacked dominoes, and one of [...]
Posted in Business and Finance | Tagged a, hardship, how, letter, to, write |
By admin on August 19, 2009
Have you ever wondered what exactly is a home mortgage, and what are my options? Most people dont even think about what a home mortgage is until they are faced with purchasing their first home and are in need of a mortgage. In This article we are going to explain what the purpose of a [...]
Posted in Business and Finance | Tagged home, knowing, mortgages, options, with, your |
By admin on August 17, 2009
Owner builder construction loans, like the rest of the mortgage industry, have had to tighten their belts to survive in today’s lending climate. For borrowers who wish to build their own homes, this translates into tougher guidelines to secure financing. However, there are still four creative ways that an owner builder has available to close [...]
Posted in Business and Finance | Tagged a, an, at, builder, closing, creative, down, five, loan, owner, payment, secure, to, ways, without |