Home Equity Loan Blogs (Page 1)
Today's Mortgage Rates at Total Mortgage For August 24th, 2010
Posted on 31. August, 2010.
Treat yourself and take advantage of record low mortgage rates at Total Mortgage. Risk averse investors have been fleeing the stock market for the bond ...
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Mortgage Refinancing Secret Exposed www.RefiAdvisor.com
Posted on 29. August, 2010.
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MFIs find part-shift to monthly repayments an advantage
Posted on 29. August, 2010.
Some microfinance institutions (MFIs) are adopting a monthly model of loan collection, matching the cash flows of their customers. This departs from the established Bangladesh model of weekly collection, which relies on connecting with customers frequently.
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Can you estimate a monthly mortgage payment with a $250K mortgage loan?
Posted on 26. August, 2010.
My brother and his wife detest their home and always have. They admit getting it was a big mistake because they were being ultra- conservative. I'm sorry for them because I love my home and think people should. They probably have quite a bit of equity in their home and have found a new home they love that costs about $350K. Brother is worried to move forward on this thinking the monthly payments would be too high, even though I think he'd qualify. With my amateur calculations, I think he could afford to put $100K down on this $350K home, so there would be a mortage balance in the neighborhood of $250K. With a fixed interest rate for a 30 year loan, what would the monthly house payment be? He's frozen right now so I thought I'd offer him some estimate because he won't ask a realtor at the moment. He's a little vague, but I'm pretty sure he grosses about $5K a month. His wife's a stay-at-home mom. Thanks much.
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Singletary: `Owning' your home not always accurate
Posted on 25. August, 2010.
I have my own spin to put on the news that sales of existing homes plunged 27 percent in July: Stop thinking of your home as your cash cow. In the last several decades, borrowers have heavily leveraged themselves using their houses to buy the things they've wanted -- cars, vacations, college
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Mortgage rates at historic low, though not everyone can qualify
Posted on 23. August, 2010.
By Mark Anderson But with the credit rating you're carrying now, and with the home equity you've lost during the last two-and-a-half years, ...
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YOUR PLACE TO CALL HOME: Yours plus mine equals ours in real estate
Posted on 22. August, 2010.
A few years back I was asked to be one of the instructors for a seminar at the St. Charles County Association of Realtors. While I didn't know it at the time, conducting that seminar would change my life.