Articles in Home | Finance | Mortgage

  • Approved Mortgage Deals Fall To An All Time Low  By : Phil Benson
    The number of new approved mortgages fell by 20 per cent in May 2008, to the lowest figure for more than 10 years. The drop between April and May was the biggest recorded, with just 28,000 agreed home loans being the lowest amount ever.
  • Are Bad Credit Mortgage Lenders the Ones to Blame?  By : Adam Hefner
    Many who have less than perfect credit mistakenly believe that home ownership is out of their reach. However, there are bad credit mortgage lenders which can help.
  • Are Bad Credit Re-Mortgages Impossible?  By : Johns Smith
    So many of us feel that having bad credit will make a re-mortgage impossible or very close to impossible to say the least. With so many of the traditional lending institutions not even wanting to speak to us.
  • Are European-style home loans a better bet?  By : Philip Smith
    The footballer’s wives phenomenon is being blamed for a dramatic uplift in the number of young women declaring themselves bankrupt, which has come to the fore after the proportion of female bankrupts jumped from 32% in 2002 to 44% in the past year.
  • Are Home Loans Safe Right Now?  By : IC
    You may be asking the same question that a lot of people who are asking right now and that is: Are home loans safe right now?
  • Are Interest Only Mortgages A Good Idea?  By : Peter J Kenny
    Although you don’t pay the capital back directly through your monthly mortgage payments, you indirectly pay for the capital
  • Are Interest Only Mortgages A Good Option?  By : Joseph Kenny -
    Around 1 out of ever 5 mortgage borrowers last year elected for an interest-only mortgage scheme. Of these, approximately 30% were new first time house buyers. “So what?”, you may be saying. And here’s the problem: in almost every single case where a borrower has elected to purchase a home with an interest-only mortgage, the scheme was one that was advised to them by a mortgage broker.

    In nearly every single case, the borrower was not required to show that they could repay...
  • Are Long Term Mortgages For You?  By : Joseph Kenny
    The various ways of getting a house these days has definitely become easier, along with the way that it can be paid back. Traditionally, a mortgage on a house meant a maximum of 25 or 30 years before amortization.
  • Are Mortgages liens?  By : Jack Bosch
    In the housing world usually most houses have mortgages. A Mortgage or A Deed of Trust with a Note is a lien against that property. However legitimate mortgages are not a problem. They technically are clouds, but they are so common that it’s just expected for them to exist. And they are easy to remove; they just need to be paid off before property ownership transfer.
  • Are Prepaid Mortgages the Safest Way to Go?  By : Staff at Mortgage Lenders Plus.com
    Let’s begin by defining a prepaid mortgage – on the face of it, a remarkable oxymoron. A prepaid mortgage is actually a behavior pattern that some of us engage in as an alternative to investing expendable income in the stock market, securities, treasury bonds or other financial instruments.
  • Are the Mortgage Broker Fees Worth It?  By : Avi Solutions
    There has been more than one person looking for a lender who grumbled or complained about the need to pay the mortgage broker fees as a part of getting a loan or just having to pay what they thought was too much. It is understandable. When it is our money on the line, we tend to scrutinize it carefully.
  • Are Tracker Mortgages Worth It?  By : Peter J Kenny
    A tracker mortgage is good for people who can cope with fluctuations in payment, and so can afford to take the risk that the payments will rise in exchange for the chance that they will get lower.
  • Are we heading for a property price crash?  By : SD
    Are we really going to be facing a property price crash in the near future?
  • Are You A First Time Homebuyer?  By : Brian Jenkins
    Are you taking your first look at being a homeowner? Did you find just the right area and think you have the funds and the time that it takes to search for just the right house? There are several steps to take to find out if you should take that step now or wait another six months. Following these steps will make the process simpler and much more manageable.
  • Are you Biting your Nails trying to find the perfect New York Mortgage Service?  By : Robert Palmer
    100% Financing/Low Down Payment New York Home Mortgages
    100% financing, as it names implies, offers complete financing of property. The other option, 80/20, finances your mortgage with two loans. Both loans may be carried by your lender, but sometimes the seller or a second lender is required to carry the 20% mortgage.
    100% financing is easier to deal with, but not all lenders will offer this type of home loan. 80/20 financing is more common, but takes some negotiation if the seller is involved.
  • Are You Confused About Your Mortgage Options? This Should Calm Your Fears.  By : David Rolin-5744
    Secured Loans interest rates are dependant on your personal circumstances and loan amount whereas Remortgaging means replacing an existing loan with a new one from a different lender
  • Are you in Financial Distress?  By : thersey
    Rapid Cash Property Buyers is a company based out of the United Kingdom which helps its clients sell their homes during financial hardship.
  • Are you likely to be turned down for a mortgage loan?  By : Reno Charlton
    It has become increasingly important for those looking to find a mortgage, whether a new one or by way of refinancing, to act quickly so that suitable mortgages do not disappear altogether. Some lenders have admitted to the fact that they have raised rates and increased stringency in order to cut back on mortgage lending to new customers.
  • Are You Over 62 And Your Finances Are Tight, Consider A Reverse Mortgage  By : Lee Beattie
    If you are a senior and have trouble living on your fixed income then you may want to consider using a reverse mortgage to help with the always growing cost of living.
  • Are You Part of the American Dream?  By : Mike Post, MBA
    Security, privacy, freedom—the American Dream is to purchase a home. Ownership of property is the bastion of capitalism.
  • Are You Paying Too Much For Your Mortgage Protection?  By :
    If you have bought your mortgage protection from a high street lender or bank, then the chances are that you are paying far too much for your mortgage protection. The good news is that you may be able to cancel your policy, and go to a standalone provider for your insurance.

    Mortgage protection is big business and the high street banks and lenders know this and often craftily attach mortgage payment protection alongside your mortgage. Some would have you believe that the ...
  • Are you planning a second mortgage?  By : john
    Second mortgages are a huge commitment that you shouldn’t enter into lightly, as they carry many risks.
  • Are You Pre-approved, Pre-qualified or Pre-ticked  By : Lisa Gray
    You have gone to all the trouble of contacting a mortgage company, and have faithfully answered all their questions to get their letter saying you are pre-qualified, so why is it not enough for the real estate agent that you are working with?
  • Are you Ready to Buy a Home? Ready to Finance a Home  By : Maria Nyce
    Buying a home is the largest purchase most people will ever make. To see if you are ready for home ownership, Freddie Mac suggests that you look at your current situation and determine if: With good credit, you can probably qualify for prime loans, if the purchase is within the Fannie Mae and Freddie Mac limits. If you can't afford a 20% down payment, you'll just have to pay private mortgage insurance (PMI) until you build at least 20% equity, or you can get 80-20 or 80-10-10 (piggyback) loans.
  • Are You Rich Enough To Give Your Lender a $100,000 Tip?  By : Heather Giles
    A home mortgage does not have to cost you an arm and a leg. Save thousands on your mortgage by using this simple technique which will allow you to pay off your mortgage years earlier and save thousands of dollars in interest.
  • Are You Shopping For a Broker Price Opinion (BPO) Or an Appraisal?  By : Glenn J. Rigdon-31064
    Broker price opinions (BPO) are not appraisal reports, and they do not substitute for an appraisal. No standards are established for them, and they do not consider the basic methodologies used by appraisers in an appraisal report.
  • Are you sifting through Mortgage Loan offers? This may help  By : Robert Palmer
    A mortgage loan is different than any other loan, and most mortgage loans are negotiated for a set time period of less than 10 years. They are negotiated for a single interest rate which will remain in place for the entire term of the mortgage loan. You can pay off a loan in full at any time, but you may pay a penalty depending on the mortgage lender.
  • Are You Struggeling to find the Right Mortgage in New York?  By : Robert Palmer
    One of the most difficult aspects of organizing a mortgage is sorting through the whole lot of mortgage packages currently available. To simplify things, we suggest you start by deciding which type of mortgage you want. This process of elimination will help you draw up a shortlist of mortgages. You can then look for a good mortgage lender who's offering the type you want. Ask an Independent Financial Adviser (IFA), or a mortgage broker, to advise you on the best type of mortgage for your needs.
  • Are you thinking of moving to the Midlands?  By : Ben Binding-27115
    If you are thinking of moving to the East Midlands there are a few things that you should know that may sway your decision and help you to choose to rent property in Leicester.
  • Are You Thinking Of Taking Out A Second Property Mortgage?  By :
    Buying a second property with the idea of letting it can benefit you in two major ways. The first of course is that if you have done your homework correctly then it can bring in a substantial income. The second is that there is a long term accumulation of capital growth associated with them.

    However when it comes to taking out a second property mortgage there are many pitfalls that you can come across and you need to have some knowledge on the subject if you are to avoid s...

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