Category Archives: Personal Finance

Topic Added December 27th, 2006 – Print This Story A new computer program can help consumers find the lowest cost for a mortgage. The Web-based platform shops for the best rate as well as the lowest closing costs on a new mortgage. Mortgage Grader may be the newest craze, though few people have used or … Continue reading

Topic Added December 26th, 2006 – Print This Story Confidence from within the mortgage market is the highest it has been in over a decade, according to a new report. Mortgage professionals are looking to the future, and they like what they see. Mortgage professionals have been beat up over the past year, riding the … Continue reading

Topic Added December 25th, 2006 – Print This Story The Democratic party is hoping to use their new pull in Congress to help homebuyers in high cost areas. The program will enable homebuyers to take advantage of regulated mortgage programs usually offered only in low-income areas. Massachusetts Democrat Barney Frank sees the new sway in … Continue reading

Topic Added December 22nd, 2006 – Print This Story Many of those in the mortgage market have less than perfect credit, often times making it hard to get a mortgage. But though a person has bad credit, educating themselves about mortgages may help to get approved. Mortgage rates are continuing to dip and housing prices … Continue reading

Topic Added December 20th, 2006 – Print This Story In the early 1990s, limited or no documentation mortgages were a tool for self-employed or small business owners looking for a loan. Nowadays, these loans are being used to cover non-taxed income. One of the many mortgage options available today is a limited or no documentation … Continue reading

Topic Added December 21st, 2006 – Print This Story Last week, mortgage rates dipped to a 10-month low, making analyst wonder if mortgage applications will go up. Though the holiday season is normally slow for mortgages, the low rates may spur refinances. Across the country, mortgage rates fell once again last week, with 30-year fixed … Continue reading

Topic Added December 19th, 2006 – Print This Story There is much talk this year about the mortgage and real estate bubble bursting. Many economists, however, say it is not so much bursting, as readjusting to a normal level. As home values ease down and mortgage rates remain low, many homeowners and investors are talking … Continue reading

Topic Added December 16th, 2006 – Print This Story As some of the country sees a decrease in median home prices, California remains at the top of a list of places where there has been little relief. The number of people that could buy a home dropped in the third quarter. California has expensive real … Continue reading

Topic Added December 15th, 2006 – Print This Story Homeowners are starting to watch the market more and more as adjustable rate mortgages are about to come due. Some are confident that they won�t be affected; others are thinking they may soon be in trouble. The holidays are rolling around, and while many homeowners aren�t … Continue reading

Topic Added December 14th, 2006 – Print This Story The mortgage market has been in turmoil for the last year, sometimes at a loss or benefit to the homeowner. But if a homeowner has refinanced, or is thinking of refinancing, there may be a tax break in their future. Homeowners are seeing that now may … Continue reading