Top 4 Finance Stories to watch out for
Hi, The finance sector is where things change fast and everyday we come across some new changes being implemented. So, while you enjoy the weekend, take a sneak peak into the top 4 finance news/stories...
View ArticleSo, you are in foreclosure? Checkout for Chapter 13
Are you in a situation where the lender has declared foreclosure and you don’t know what the next step is for you? Well, there are workout options such as an alternative repayment plan, loan...
View ArticleSo you’d like to go for online mortgage quotes?
I find a lot of websites offering mortgage quotes online itself. What I mean is, not simply applying for quotes online but applying as well as getting the quotes online. Whether it is preferable or...
View ArticleJumbo Mortgage rates down but lending rules gets tighter
As a part of the Economic Stimulus Bill, jumbo mortgage limit has been extended especially in higher cost areas. And recently rates on jumbo loans have also dropped down. But in spite of this,...
View ArticleMortgage Rates go down with the Fed taking initiative
With the Federal Reserve planning to buy $600 billion of debt owned by Freddie Mac and Fannie Mae, mortgage rates have plunged to the lowest in the past 7 years. Average rates on 30 year fixed...
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2013 Christmas: Holiday sales may sink despite big offers
The 2013 Thanksgiving Day and the Black Friday are already over and the grand Christmas is less than three weeks away. Like every year, it’s now peak time for holiday sales. As usual, retailers are now...
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What lies ahead of the real estate market in 2014?
The property market has continued its skewed journey in 2013 but in 2014, it is likely to follow a more or less an even path. Optimism of the consumers has come back and many home buyers are now aiming...
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Qualified mortgages: How do these impact the borrowers?
The ‘qualified mortgage’ rules have already come into effect. The sub-prime mortgage crisis that the country faced in 2007-08, has been the main reason behind the formation of new mortgage rules. In...
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Stripping second mortgages and junior liens in bankruptcy – The nitty gritty...
When you file bankruptcy under Chapter 7, you can’t get rid of second mortgages, HELOCs (Home Equity Lines of Credit) or home equity loans. Nonetheless, due to few bankruptcy cases coming out of the...
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Learning the game plan of dealing with your underwater mortgage
Of all the changes that you might make to live on a budget, the most fundamental one is finding an economical place to live. Sadly, this is an option that is closed for the people who are underwater on...
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