As we all know, mortgage insurance companies are helping banks and homeowners avoid foreclosure. Surprisingly as it sounds these mortgage insurance companies will even put some of their own money to help homeowners make their mortgage payments. 1. Why do mortgage insurance companies are willing to put their own money? 2. How can we know [...]
Posted in Business and Finance | Tagged foreclosure, from, home, saving, your |
The current mortgage interest rates are very low right now and more people that have been renting homes are finding it more affordable to purchase their homes at this time. If you are renting your home that is money just thrown away, but if you buy your home you are making an investment. Buying a [...]
Posted in Business and Finance | Tagged as, buying, drop, from, interest, mortgage, rates, renting, to |
In the 80′s endowment policies were all the rage, for first time buyers and home-owners alike, they promised massive returns by combining investment growth with life insurance. In theory the endowment policy should grow over a period of 25 years so that the policy holder has a large lump sum that is capable of repaying [...]
Posted in Business and Finance | Tagged endowment, from, home, in, may, policy, recession, repossession, save, selling, your |