Negative Mortgages
Posted by admin on Aug 15, 2008
The idea of being upside down on a vehicle is not that new. This commonly occurs when a consumer makes the decision to purchase a new vehicle before they have paid off their existing vehicle. As a result, the balance of the loan on the existing vehicle is added to the note for the new [...]
Residential Mortgages (Part 1)
Posted by admin on Aug 15, 2008
Choosing a residential mortgage in today’s market can seem like a daunting task. The borrower can be faced with a myriad of choices. Each lending institution presents their respective claims to the enquiring borrower in an attempt to entice them to use their residential mortgage product. Each one assures the borrower that [...]
Mortgage Slump
Posted by admin on Aug 12, 2008
Back when the housing market was still booming, many homeowners took advantage of the opportunity to renovate their homes. At the time it certainly seemed to make sense. Interest rates were low; loans were usually easy to obtain and homes were selling like hotcakes. Therefore, many homeowners easily made the connection that it was the [...]
Mortgage cuts provide new hope.
Posted by admin on Aug 8, 2008
An economist has stated that recent falls in the cost of mortgages represent a ray of light in the overall mortgage picture, raising hopes that the market may recover soon and that those hoping to find a better mortgage quote will have reason for optimism.
Fionnuala Earley, chief economist at Nationwide, said: “As the cost of [...]
5 Things You Should Ask Your Mortgage Broker
Posted by admin on Jul 25, 2008
There are a couple significant reasons behind the current crisis in our mortgage market. One is that mortgage brokers haven’t been giving borrowers enough information to make an informed decision. The bigger issue is that borrowers haven’t been asking the right questions! And how are they even supposed to know what to ask? School doesn’t [...]
What You Need To Know About A Mortgage
Posted by admin on Jul 21, 2008
So you have decided on the property that you wish to buy. The next step is to arrange for finances. There are some definite dos and don’ts that you ought to know before deciding on the mortgage scheme.
Go to your mortgage lender and let them know of your desire to bank with them. There are [...]
Private Hard Money Lenders and Working With A Commercial Mortgage Broker
Posted by admin on Jun 30, 2008
Private hard money lenders are in the business of providing loans and loan services to people who require hard money loans (loans collateralized by real estate.) Private hard money lenders may be direct hard money lenders or brokers of hard money loans. Most private hard money lenders are, in actuality, brokers. Some private hard money [...]
How can a Life Insurance Policy be a good investment?
Posted by admin on Jun 11, 2008
With a lot of the news surrounding the economy and how bad it is, I thought it might be a great time to discuss life insurance and how it might be time to really consider it as a way to diversify your portfolio.
A dear friend of mine forwarded a link to a discussion on CNBC [...]
Why I’m Learning To Trade Forex
Posted by admin on Jun 9, 2008
Learning to trade forex seems simple ands easy on the surface, but all the successful people who have spent time learning to trade forex properly will tell you that there’s much more to it than meets the eye. They are only partly right.
While you are learning to trade forex, bear in mind that you are [...]
Top Tips to help you secure a mortgage loan
Posted by admin on Jun 6, 2008
The American dream is to own a home someday. We all have this passion deep down in side. Most Americans don’t have the money to pay cash, so they turn to lender to assist with the purchase of there first or second home. With all the new guidelines in banking I will give you exactly [...]
