It’s a new housing market, a new lending environment and a new economy. Keeping that in mind, it makes sense that new types of mortgages are popping up all over the place. Some of the innovative new mortgage options that are available to borrowers include the 40-year mortgage, hybrid mortgage, mortgage modification and the YOURgage. Find out what these options are and how they might benefit you.
Posts Tagged ‘Quicken Loans’
New Realities of Mortgage Refinancing (Part 2)
September 28, 2011In part one of this series, we discussed some of the new realities of mortgage refinancing in an interview with Quicken Loans Vice President and mortgage industry veteran, Stephen Luigi Piazza. The discussion continues here in part two, with more tips and trends that homeowners should know about if they want to refinance their mortgage today.
New Realities of Mortgage Refinancing (Part 1)
September 21, 2011With mortgage rates at record lows, many homeowners are looking to refinance their mortgages to save money on their monthly payments and/or pay off their mortgages faster. But what do people need to expect if they want to refinance? Is it still possible to get a home loan? Do you need a perfect credit score? What does it take to qualify, and what options do borrowers have for structuring their new loans?
5 Freebies and Giveaways You Can’t Miss
September 30, 2010Everyone loves free stuff! There are always companies giving away free samples, prizes and services on the Internet in order to attract customers and future clients. Here are the top 5 freebies and giveaways that we’ve come across recently.
Fed Holds Key Rate, Sees Strength in Economy
April 28, 2010Our smarty-pants friends at the Federal Reserve announced today that they will once again hold its Fed funds rate at the 0 percent to 0.25 percent range. Here’s the official press release from the Fed regarding its decision today and a translation (for the rest of us) from Quicken Loans Chief Economist Bob Walters.
The 3 Biggest Mistakes People Make When Shopping for a Mortgage
March 3, 2010By: Chris Klau Shopping for a mortgage is truly unlike any other consumer shopping experience. Take for example a person in the market for the latest XYZ-model lawnmower. He may start by quickly scanning the Internet for consumer reviews, or he might visit a few retail stores to find the lowest price. The decision he [...]
3 Ways to Avoid Foreclosure
March 2, 2010By: Jenny Zhang With a national unemployment rate hovering around 10 percent and property values still down, many Americans are struggling to make their monthly mortgage payments. What’s worse is there’s a widespread belief that foreclosure is a way out. The reality is that foreclosure can significantly affect your credit score, prevent you from qualifying [...]
10 Home Improvement Mistakes to Avoid
February 24, 2010By: Jenny Zhang The best part about owning a home is that you can do whatever you want to it. And with the flood of home buyers taking advantage of the tax credit, more new homeowners are realizing that home improvement is inevitable. While it’s much cheaper to do the improvements yourself, projects can often [...]
