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 ‘refinance mortgage’
How Late Mortgage Payments Affect Your Chances of Getting a New Home Loan
February 2, 2011When it comes to home financing these days, having good credit and specifically, a good payment history on your mortgage or apartment, is super important. So before you apply for your next home loan, let’s discuss what lenders and underwriters are looking for when they review your payment history.
Mortgage Rates Hit All-Time Low
July 28, 2010Just when you thought they were as low as they could get, mortgage rates continue to slide. In fact, you can now get a 30-year home loan at the lowest interest rates in 39 years, according to Freddie Mac. Take advantage now, as mortgage rates will likely go up in the near future.
3 Tips that Help Make Sense of Refinancing
May 19, 2010If you’re thinking about refinancing, you may be hesitating because you are intimidated by the process. The mortgage industry collapse and unpredictable financial markets have created some new obstacles for borrowers. However, these hurdles can be easily overcome with a little research and preparation. Here are some of the things to be ready for and some tips on how you can prepare yourself to go through the refinance process with ease.
12 Ways to Spring-Clean Your Finances
March 30, 2010The first day of spring has come and gone, officially marking the time of year to clean house – and not just your literal home. It’s also the perfect season to tidy up your finances. Just like you might have a “to do” list for your house spring cleaning tasks, here are 12 simple to dos to help you clean your financial house.
55 Money Saving Tips (Your Wallet Will Thank You)
September 14, 2009Whether you’re strapped for cash or feeling comfortable, we could all stand to make a few tweaks to our personal budgets. Save more, save faster and save smarter with these money saving ideas: 1. Pay yourself first. Save money without thinking about it. Set up direct deposit into a savings account and watch your nest [...]
