The Shocking Truth About Your Mortgage!
What your banker wont tell you This summer could be a foul season for many consumers followed by tumultuous times for the remaining years. The quadruple jinx of rising interest rates, higher credit card minimum payments, erratic fuel costs, and depressed home values could be the calamity for many families already living on the threshold [...]
The Best Mortgage Deal Ever?
From a cursory survey of websites and brochures, youll see a myriad of different types of mortgage. The mortgages explored so far are a basic overview youll find any amount of types some combining several features and with added incentives to tempt you. Basically, if you can imagine a mortgage, it probably exists. So, after [...]
The 7 Sins of Mortgage Brokers
Honesty is the most important aspect of dealing with mortgage brokers. Unfortunately not all brokers are forth coming with certain information that would allow you to trust them and make an informed decision about the deal they recommend. Dont get me wrong not all mortgage brokers are bad. Just dont underestimate the influence that commission [...]
Subprime Mortgages and the Refinancing Boom
There are more than 19,000 mortgage companies in the U.S. and some of the largest and most reputable of them specialize in subprime mortgage refinancing. Steven Frank, Senior Vice President of Marketing at FlexPoint Funding identifies a subprime borrower as someone with a FICO score below 620. He or she will pay between 1.5% and [...]