mortgage loan: How to Get a Low Interest Rate Mortgage Loan?
- 02/11/11 04:59 AM
Mortgage rates have steadily climbed up for the past four weeks. With rates on the rise, mortgage applications have declined, according to the Mortgage Bankers Association’s Weekly Survey. Also, since the housing market crisis started, many mortgage lenders have tightened their loan requirement criteria making it more difficult for potential borrowers to qualify for home loans. If you are a borrower looking to get a low interest rate mortgage loan in today’s tight market, it is important to prepare yourself and have the best possible profile to make sure you get one of the best mortgage rates available. The first step … (0 comments)
mortgage loan: Top 10 Mistakes When Buying a Home
- 06/04/10 05:30 AM
If you're like most people, purchasing a home is the biggest investment you'll ever make. If you're considering buying a home, you're likely aware of the complexity of the endeavor. Because of the numerous factors to consider when purchasing a home, it's important to prepare as best you can. Some common home-buying principles and caveats are presented here for your consideration. By keeping them in mind, you'll help create a successful and more enjoyable experience. These Top Ten lists are by no means exhaustive. Since your home could cost you 25 to 40 percent of your gross income, it's important to … (0 comments)
mortgage loan: Mortgage Refinancing with Low Refinance Rates TotalMortgage.com
- 08/14/09 01:26 AM
What are the pros and cons of mortgage refinancing? Whether you are interested in lowering your monthly mortgage payment, want to tap into the equity in your home, or simply consolidate your debt, refinancing your mortgage loan provides the financial flexibility to meet your needs. Refinancing typically requires acquiring a new first mortgage loan with new favorable terms and conditions. The principal and interest of your existing mortgage gets paid off, providing the financial flexibility to pay off other bills, and may even give you some extra money in your pocket. View the whole article here
Mortgage rates have steadily climbed up for the past four weeks. With rates on the rise, mortgage applications have declined, according to the Mortgage Bankers Association’s Weekly Survey. Also, since the housing market crisis started, many mortgage lenders have tightened their loan requirement criteria making it more difficult for potential borrowers to qualify for home loans.
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