Fixed Rate Home Equity Loan News
Home owners to be moved off interest-only mortgages
Home owners with interest-only mortgages are being made to pay higher monthly payments after being moved onto costly capital repayment deals amid fears of a double-dip in house prices.
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Record-low rates spur boom in refinancing
For anyone under the age of 57, mortgage rates are now the lowest they've been during your life. This fact isn't lost on a growing number of homeowners who have started a new wave of refinancings.
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Refinance went through with a subordinate clause
Mortgage broker: Kevin Casey, Guarantee Mortgage, Opera Plaza Property type: A one-bedroom condo in SoMa's Infinity development Appraised value: $600,000 Borrowing amount: $417,000 Loan type: 30-year fixed Rate:... Refinancing - Mortgage - Business - Financial Services - Appraised value
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Upside-down mortgages rising on Springfield area homes
If you owe more on your mortgage than your home is worth, that's considered an upside-down mortgage. In the Springfield area, 8.1 percent of mortgaged homes are upside down, according to a recent nationwide study of "negative equity" rates.
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7 common investing mistakes you MUST avoid
Here's a list of the seven common investing mistakes that you should avoid at any cost.
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Raising a credit score requires fiscal awareness
Q: I am looking to buy my first home, but my credit score isn’t good and there is negative information on my credit report. I’ve made some errors in judgment. How can I increase my credit status to the point where I can purchase my first home?
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Refinancings soar as mortgage rates fall to record lows
For anyone younger than 57, mortgage rates are now the lowest they’ve been during your life.
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