By admin on August 23, 2010
If you are considering purchasing a property, specifically a house then there are things you should consider. Buying a house is not an easy feat. You are putting a lot of your hard earned money in this investment after all. Careful planning should be done to arrive at the best decision for [...]
Posted in Business and Finance | Tagged a, are, buying, here, house, needtoknows, the
By admin on June 20, 2010
Most home owners are very familiar with traditional mortgages that are taken out in order to buy a home. These types of mortgages have been the difference between renting for the rest of their lives and building their personal wealth for many people. There is another type of mortgage however, but it works [...]
Posted in Business and Finance | Tagged are, common, mortgages, reverse, they
By admin on May 22, 2010
Every serious saver expects a reasonable amount of income from their savings. But the ongoing financial crisis has forced banks to slash interest rates which will naturally reflect on the savings income adversely. Hence savers have a cause for serious concern about their falling income and are looking for ways to protect their income from [...]
Posted in Business and Finance | Tagged are, falling, income, interest, protecting, rates, savings, when
By admin on May 14, 2010
Many people are intimidated by the idea of taking out large loans. Some fear the idea of being in debt for many years to come, while others are intimidated by the loan terms and large documents that come along with taking out a loan. These fears are not always unfounded because if the [...]
Posted in Business and Finance | Tagged are, mortgages, reverse, safe, they
By admin on February 25, 2010
In an effort to find more and more assistance with the current real estate problems, Freddie Mac and Fannie Mae are in talks with the Treasury, White House officials and the Federal Reserve. In essence, both Freddie Mac and Fannie Mae are looking for ways to give additional financing for the struggling mortgage companies whose [...]
Posted in Business and Finance | Tagged and, are, fannie, finding, freddie, help, mac, mae
By admin on February 19, 2010
What would you do if your bank called to tell you that your home equity line of credit had been frozen or even cancelled? For most homeowners, shock would be the first emotion followed quickly by confusion.
Why would banks be pulling the line of credit from homeowners who have had no trouble paying off the [...]
Posted in Business and Finance | Tagged are, banks, credit, freezing, houses, lines, of, on, why
By admin on February 3, 2010
Applying for a first mortgage can be a daunting task for the potential first time home buyer. Most first timers do not realize just how much is entailed. Yet, according to many real estate agents, first time home buyers are driving today’s housing market.
Today’s housing market that is actually booming right now is [...]
Posted in Business and Finance | Tagged are, buyers, first, happy, market, time, todays
