Selling Your Business Note

Before I go further, let me ask a question- if you won the lottery tomorrow, would you take the payout in a lump sum or in monthly payments?Most people would take a lump sum because even though it might be less than the total prize, they would have control over... Read More

Are Biweekly Mortgages Really Worthwhile?

You may have heard people, especially mortgage lenders, extolling the virtues of biweekly payments, saying that you can save thousands of dollars and take 5-7 years off your mortgage--and then offering to set up a biweekly plan for you for as little as $400. But you don't have to spend... Read More

Bankers Dont Want You to Know That You Pay for Your No Cost Home Loan Forever

With mortgage rates continuing on a downward trend, the competition in the business is fierce. A day never passes that I don't hear some crazy advertisement about a new loan program that XYZ mortgage company has and no one else offers. One of the oldest programs remains steadfast in both... Read More

How Good a Deal Is Your Banks Mortgage Insurance Plan?

When you go to the bank to get a mortgage, you'll inevitably be asked to take out mortgage insurance. The idea behind mortgage insurance is simply that if something happens to you or your spouse then your loan will be paid off which is good news for your family and... Read More

Total Cost Of Credit vs Monthly Payments

I read a press release the other day which points to the fact we need to be very careful with our finances. The subject of the release was home mortgages. A company was announcing the availability of 40 year mortgages for its customers. The stated purpose was to lower the... Read More

A New Choice for Home Financing: Correspondent Lenders

When you begin your search for a new home loan, one of the first things to consider is where you'll get the money. Your basic choices will be mortgage brokers and banks.Your first instinct may be to go with your local bank, who you know from doing business with them... Read More

Housing Bill - Changes in the Right To Buy Scheme

Presently council tenants are able to purchase their rented property after 2 years of tenancy. However, this is about to change. As of the 18th January 2005, the new Housing Bill becomes law and the current 2 years will change to a period of 5 years. This means, that once... Read More

Understanding a UK Commercial Mortgage

In many ways a commercial mortgage is just like a residential mortgage in that you pledge real property as collateral against a loan to either buy or refinance that property. You can also receive a commercial re-mortgage and use it as a line of credit for any business purpose.When you... Read More

Understanding UK Bridging Finance

Bridging finance, also referred to as "bridge loans" and "bridging loans", have nothing at all to do with re-constructing the London Bridge. Bridging finance is typically a short-term loan that a business uses to supply cash for a real estate transaction until permanent financing can be arranged. The word "bridge"... Read More

Free Home Equity Loan Information

Home equity loan information can sometimes be confusing and misleading. I have written this article to properly explain home equity loans. Basically equity is the difference between your home's appraised -- or fair market value and the outstanding mortgage balance you owe on your home. Borrowing against the equity built... Read More

In The News:


Suddenly, Stricter Appraisals
New York Times, United States - 15 hours ago
Thus, said Mr. Grace, the Westport mortgage broker, when it comes to refinancing, anyone who bought a home in the last three years and put less than 10 ...

Commercial mortgage values hit by ongoing crisis
Atlanta Journal Constitution,  USA - 6 hours ago
... projections and loose lending standards will, like the residential market, give way to missed mortgage payments and a tough refinancing environment. ...

When refinancing mortgage makes sense
Chicago Tribune, United States - Nov 14, 2008
But you don't have to be in financial trouble to benefit from mortgage refinance, real estate experts say. "At this point, there are thousands of good ...

The Money Times

US MBA’s Mortgage Applications Index Decreased 6.2% Last Week
Bloomberg - Nov 19, 2008
The Mortgage Bankers Association’s index of applications to purchase a home or refinance a loan fell 6.2 percent to 398.6 for the week ended Nov. ...
Week-to-week mortgage applications off 6.2%: MBA MarketWatch
Mortgage Applications Down 6.2 Percent; Near 8-Year Low RTT News
US mortgage purchase applications near 8-yr low-MBA Reuters
VillageSoup Belfast - North County Timesall 144 news articles

The Free Lance-Star

Columbia Bank is an Approved FHA Mortgage Lender
MarketWatch - Nov 21, 2008
Existing homeowners wanting to refinance their current mortgage having only limited home equity. -- Homebuyers who would benefit from allowable seller ...
FHA sets limits on home mortgages The Free Lance-Star
all 21 news articles

Boston Globe (registration)

Center for Responsible Lending and Industry Groups Urge HUD to ...
MarketWatch - Nov 20, 2008
... to help the largest possible numbers of at-risk borrowers. This is not the appropriate time to permit the lapse of a viable mortgage refinance option.
Mortgage aid falls short, Bush admin official says BusinessWeek
US tries new tack on housing CNNMoney.com
Major Revamp Of Two HUD Mortgage Relief Programs To Be Pushed AHN
North American Press Syndicate - Housing Wireall 95 news articles

Plans change as some owners get upside down on loans
Austin American-Statesman, TX - 15 hours ago
But we should all thank goodness that they continue to send in those mortgage checks. If people who could afford their payments were to abandon their ...
The Next Subprime Crisis Looms - FHA-Backed Loans Free Internet Press
all 3 news articles

Should you refinance your mortgage?
Vail Daily News, CO - Nov 20, 2008
Many homeowners are finding it increasingly difficult to afford the mortgage payments on the loans they have taken out in the last several years. ...

'Straw' buyers land loans to fuel schemes, FBI says
Las Vegas Review - Journal, NV - 2 hours ago
"The end result is that home buyers purchase properties in communities that are greatly overvalued, and they are then unable to sell or refinance the ...

The Truth About Mortgage Refinancing Revealed By Florida Mortgage ...
SBWire (press release), WI - Nov 11, 2008
Coral Springs, Florida based Mortgage Broker Devon Stubbs reveals mortgage refinancing secrets at a new web site that is full of free reports, a home buying ...
mortgage refinance - Google News
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Drive around and see how many signs you see that... Read More

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