Mortgage & Refinancing InformationSecured Loans - Making the Most of Your Home as CollateralMy visit to the lender was interrupted with my wife demanding a reason for my preference for secured loans. Though I hushed up the matter then, it kept on ringing in my mind hours later. Mortgage Terminology for the First Time Home BuyerBuying a Home for the first time can be a little "nerve racking". Mortgage terminology that brokers use everyday can leave you scratching your head or shaking your head pretending that you know what they're talking about. Why You Should Not Get Hung Up on the Interest Rates!!This is what a mortgage can do for you! AND Why you shouldn't get hung up on the interest rate! Let me show you the bottom line or the total dollar amount you will pay when paying a mortgage and paying rent and what the benefits of a mortgage are: Let's say John bought a home and has a $75,000 mortgage @ 10% interest for 30 years on his home with a payment of $750.00 per month. Life of an EscrowEscrow is one of the last stages in the purchase or sale of a real property. When someone says that they are in escrow, it means that they have either accepted an offer on the sale of their property, or their offer to purchase has been accepted. Construction Loan BasicsIt might not be too big of an exaggeration to say that the construction loan is one of the more daunting aspects of building your custom home. Before we started our project, I had nightmares about trying to pay two full mortgages at the same time (our existing mortgage and the construction loan), and I didn't see how it was at all possible. Keep Your Eye Focused on Treasury Bond Rates To Adjust Your Current Mortgage RatesMortgage rates typically are based off the current rates of treasury bonds. Most lenders set their long term mortgage rates in line with 10 and 30-year treasury rates. Seller FinancingAlthough any loan used for buying real estate is strictly called a purchase money mortgage, the term is often employed for seller financing, those transactions in which you "take back" a mortgage as part of the purchase price. These arrangements are suitable, of course, only when you do not need your proceeds immediately toward the purchase of another home. Mortgage MarketingW. Edwards Deming said "Marketing and innovation are the only source of value in business, everything else is a cost". Bad Credit Home Financing - Buy a House Even With Poor CreditSub prime lenders come in two groups: reasonable and unreasonable. Reasonable sub prime lenders offer mortgage financing to high risk borrowers with slightly increased rates and fees. High Risk Mortgage Lenders - Using a Sub Prime Lender OnlineSub prime lenders handle high risk mortgage loans that traditional lenders refuse to touch. Through slightly higher interest rates, sub prime lenders protect themselves from the higher rates of foreclosures. Refinance Your Property OnlineBy refinancing your property online you can take advantage of competitive rates in the convenience of your home. You should consider refinancing your property if interest rates are lower, your financial situation has improved, or your credit rating has improved. Home Loans For People With Bad Credit - Tips To Getting Approved OnlineBuying a home with bad credit doesn't have to stop you from finding an affordable lender. By shopping online for a lender you can find the best lending rates for your situation. Poor Credit Home Equity Loan TipsA home equity loan can help repair your poor credit history. Begin by finding a competitive financing lender with affordable rates and terms. Reverse Mortgage Providing Peace of Mind Without Sacrificing Safety or SecurityFor many seniors one of their greatest sources of security is their home. It not only provides a comfortable and familiar environment, but it provides a sense of independence and a source of many fond memories. Buy a Home With a Government Grant? Avoid this ScamIf you watch enough late night television, you'll see advertisements that suggest that the Federal Government is giving all kinds of things away. You'll see ads for auctions that promise that you can buy a Ferrari for $500 or a home for $1000 through "government liquidations" or some such thing. More Articles from Mortgage & Refinancing
Information: MORE RESOURCES updated Wed. February / 05 / 2025 Mortgage and refinance rates today, February 2, 2025: Lowest 30-year rate since mid-December Yahoo Finance Today's Mortgage Rates | What Do Tariffs Mean for Rates? Business Insider Today's Refinance Rates by State – Feb. 4, 2025 Investopedia Mortgage and refinance rates today, February 3, 2025: Rates could stay at this level for a while Yahoo Finance MetLife Building nears $1.5B refinancing Crain's New York Business Mortgage and refinance rates today, January 21, 2024: Better time to buy than refinance Yahoo Finance How to Refinance Your Mortgage NerdWallet Best Mortgage Refinance Lenders of February 2025 Business Insider Should I refinance my mortgage in 2025? Bankrate.com Today's Mortgage Rates | Rates Are Down. How Long Will This Last? Business Insider Mortgage and refinance rates today, February 1, 2025: The 30-year rate decreases for a full week Yahoo Finance Best mortgage refinance lenders of February 2025 Yahoo Finance Mortgage and refinance rates today, January 29, 2025: Rates will probably stay high for a while Yahoo Finance Mortgage and refinance rates today, January 31, 2025: How can you snag a rate under 7%? Yahoo Finance Will Mortgage Rates Go Down In January? Bankrate.com Mortgage and refinance rates today, January 27, 2025: This week's Fed meeting could cause rates to shift Yahoo Finance Mortgage and refinance rates today, January 22, 2025: High rates could be here to stay Yahoo Finance Will Interest Rates Go Down in February? | Predictions 2025 The Mortgage Reports Will Mortgage Rates Go Down in 2025? Ask Again Later. U.S News & World Report Money Mortgage and refinance rates today, January 19, 2025: How to get a good deal when rates are high Yahoo Finance Today's Mortgage Rates | Rates Down, Even as Inflation Ticks Up Business Insider Mortgage Rate History: 1970s To 2025 Bankrate.com Mortgage and refinance rates today, January 17, 2025: Don't be alarmed by this week's high rates Yahoo Finance Mortgage and refinance rates today, January 15, 2025: Rates might not change much in response to the CPI Yahoo Finance Mortgage Rates This Week NerdWallet Refinance Rates Decline for a Third Day Investopedia Today's Mortgage Rates, January 30, 2025 | Rates Tick Down As Fed Eyes Elevated Inflation Business Insider Mortgage and refinance rates today, January 11, 2025: Rates increase after strong jobs report Yahoo Finance Today's Mortgage Rates | Rates Start the Month a Bit Lower Business Insider Today's Refinance Rates by State – Jan. 29, 2025 Investopedia How The Fed's Rate Decisions Move Mortgage Rates Bankrate.com Mortgage and refinance rates today, January 12, 2025: How can you get a good deal in a high-rate environment? Yahoo Finance Today's Mortgage Rates | Is This as Low as Mortgage Rates Will Go? Business Insider Mortgage and refinance rates today, January 13, 2025: Inflation could push rates higher Yahoo Finance When Is It Worth It to Refinance Your Mortgage? | 2025 The Mortgage Reports 15-Year Mortgage Refinance Rates: Compare Current Rates Business Insider Today's Refinance Rates by State – Jan. 28, 2025 Investopedia Today's Refinance Rates by State – Jan. 8, 2025 Investopedia Refinance Rates Today January 30, 2025: Trends and Insights Norada Real Estate Investments 2025 Mortgage Rate Predictions: Will Rates Fall? The Mortgage Reports How to Decide If a Mortgage Refinance Is Right for You U.S News & World Report Money How to get the best refinance rate on your mortgage Bankrate.com FHA Streamline Refinance | Rates & Requirements for 2025 The Mortgage Reports Best Cash-Out Refinance Lenders Of 2025 Bankrate.com Today's Refinance Rates by State – Dec. 17, 2024 Investopedia Today's Refinance Rates by State – Jan. 6, 2025 Investopedia Mortgage and refinance rates today, December 31, 2024: Rates decrease across the board Yahoo Finance Refinance Rates Inch Lower for a Second Day Investopedia Today's Refinance Rates by State – Dec. 18, 2024 Investopedia Mortgage and refinance rates today, December 14, 2024: Economic factors drive rates back up Yahoo Finance Mortgage Refinance Rates Are Down, But Should You Refi to a 30-Year, 20-Year, or 15-Year Mortgage? Investopedia Mortgage Refinance Rates Climb to Two-Month High Investopedia
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