First, the good news: Mortgage rates are at all-time lows. The bad news: The housing market is still severely depressed. This apparent conflict is real and, unfortunately, understandable.
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Home Loans Advice |
Mortgage rates fall to another new low
Posted in:
Home Loans,
Personal Finance
First, the good news: Mortgage rates are at all-time lows. The bad news: The housing market is still severely depressed. This apparent conflict is real and, unfortunately, understandable.
Pros and cons of each type of equity financing
Posted in:
Home Loans,
Personal Finance
A home is perhaps the biggest investment anyone can make in his or her lifetime. Investing in a home can tie up a large portion of a homeowner's funds to the point where he or she may not have much left to utilize now or in the near future.
Will mortgage rates increase or decrease in 2010?
Posted in:
Home Loans,
Personal Finance
Predicting mortgage rates is difficult, even for experienced observers. Some financial components indicate a potential mortgage rate increase in 2010, but the real-estate industry and the government want to keep rates low.
Banking industry changes to expect in 2010
The predicted banking industry changes for the remainder of 2010 are not all negative. Expect changes in bank products and services, home loans and other areas of personal banking. Some of the more important changes include the following items.
Breakdown of home buyer tax credits
Posted in:
Home Loans,
Personal Finance
The extension for the new home buyer tax credit expired on April 30, 2010, and has not been renewed to date. Here's a breakdown of how the tax credits worked and what might follow the tax credit expiration.
Loan modification 101
Posted in:
Home Loans,
Personal Finance
Consumers seeking information on loan modification programs can easily become confused with the apparent multiplicity of options. Many homeowners are already unsure of exactly what a loan modification is and how it might work. Here's what to know.
Five things a home equity loan should not be used for
Posted in:
Home Loans,
Personal Finance
There are many uses for home equity loans, but not all of them are necessarily the best options. Here are some things to consider about these loans and some uses that you should question.
Banking fact or fiction, part IV
Separating banking myths from facts is an important part of finding the best banking solutions for your needs. The final of a four-part series, here are tips to help you separate the truth from the inaccuracies.
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