I just read an article on Reuters news network about mortgage lenders stiffening their qualification standards. In fact, a current drop in home sales is being partly attributed to new / tougher qualification standards imposed my mortgage lenders.
What’s the reason for all this?
Well, it goes back a few years actually. You see, many mortgage lenders [...]
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Mortgage Loan Center is proud to launch its new website, which is dedicated to providing consumers with the most comprehensive set of mortgage tools, loan quotes, rates, articles and advice available online. Mortgage Loans IC is a borrower based website for anyone looking to find great mortgage loan rates or simply for those who [...]
We have posted a new article over on Home Buying Institute that is a “must-read” for anyone considering an online mortgage (where you apply for the mortgage online). Each year, more and more homeowners pursue mortgage refinancing via the Web.
This article was written in response to those growing numbers, and it seeks to educate readers [...]
The Houston Chronicle recently ran an article that serves as a step-by-step guide to mortgage refinancing. Thought the article mostly stays on the surface of “Refinancing 101,” it’s still a useful (and quick) read.
Article excerpt:
Inflation fears have sent interest rates on home loans soaring and borrowers with adjustable-rate mortgages scurrying to refinance. The challenge is [...]
When is it a good idea to refinance a mortgage? Well, the short answer is this. You should only refinance when the money you save over the life of the new loan exceeds the money spend to refinance the loan. In other words, when your interest savings is more than your refinancing costs, it’s probably [...]
The Philadelphia Enquirer recently ran a good article on mortgage refinancing. The article stresses the importance of knowing everything about your current mortgage before refinancing to take on a new one.
If you’ve read any of the refinancing articles on our main website, you will already know the importance of such homework. In order to determine [...]
When is it a good time to refinance a mortgage? What are the top reasons people turn to mortgage refinancing?
These are common questions among homeowners considering a refinance. One of the top reasons people refinance is to take advantage of lower interest rates. For example, maybe the homeowner has significantly improved his or her credit [...]