The Housing Mess: What Happened?
December 14, 2007
In order to understand the housing and mortgage mess of today, one must first understand what happened in the past. Starting in around 2000 and lasting up through most of 2005, interest rates were low and the value on most homes was high.
Refinancing May Be Difficult for Some
December 7, 2007
As yields on US Treasury securities fall, many savvy homeowners expect mortgage interest rates to fall as well. This, on the surface, would seem like a good time to refinance from a higher rate to a lower rate. For some consumers, that plan is working out, but for many others it is not.
Home Buying For the Young
November 12, 2007
With the housing market in its current dismal state, a lot of people are wondering if they will ever be able to own a home. This can be especially true for young adults who are just entering the workforce and hoping to secure a home loan.
Mortgage Restructuring: Is it Right for You?
November 8, 2007
With today’s housing market being what it is there is little wonder that many homeowners are thinking of refinancing or restructuring their mortgage loans. For some homeowners, the motive is to get a better rate which, in turn, leads to lower payments. Other homeowners, however, need to restructure simply to make the payments and to avoid foreclosure. This is especially true for those who are under adjustable rate mortgages.
What is Renters Insurance?
October 27, 2007
There are a vast number of consumers who do not own their own home and therefore are ineligible for homeowner’s insurance as it pertains to personal items. So what can a renter do in order to protect his or her personal items? Renter’s insurance is the answer.