Archive for December, 2008
Wednesday, December 31st, 2008
1st American Mortgage asked: There has been a lot of talk about adjustable rate mortgages these days. Are they to blame for the housing crunch and the problems that people are facing? Not necessarily. There are still adjustable rate mortgages out there that can be the best options for hopeful ...
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Sunday, December 28th, 2008
BC asked: I own a home that is paid off but would like to take out a loan to fund some home improvements as well as help my parents pay off their home equity loan. Given this scenario can I take out a mortgage since mortgage rates are lower or ...
Posted in mortgage | 6 Comments »
Saturday, December 27th, 2008
melinamenny asked:
Most people refinance their mortgage loan when it is up for renewal from its term. Mortgage loans come in a variety of terms, anywhere from six months to 10 years at a time, amortized over 25 to 50 years. Each term of a mortgage loan is its own ...
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Thursday, December 25th, 2008
Amie A asked: I live in a three unit condo. The second unit is vacant (the owners moved out 2 years ago) and the unit is in foreclosure. We (the condo association) needs to contact unit 2's mortgage company for back payment of unpaid condo fees. How ...
Posted in mortgage | 3 Comments »
Thursday, December 25th, 2008
vik william asked: The best financial deals are found only after a thorough investigation into home loans and mortgages. Many people dream of owning their own home, but the high cost of homes generally requires a home mortgage to make it a reality. A mortgage is just like any other ...
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Thursday, December 25th, 2008
Ronaldo asked: For example if my 1st mortgage is $1000 per month and i charge a rental income of $1000 per month, is it a wash? Or do i get the $1000 rental income added to my gross monthly income and have the $1000 mortgage payment added to my ...
Posted in mortgage | 4 Comments »
Friday, December 19th, 2008
Lina Smith asked: Mortgage Brokers In Australia most people go to mortgage brokers to get access to a greater range of mortgage options, for better service and for the mortgage broker's ability to negotiate with lenders. A mortgage broker offers loans from a panel of financial institutions, including banks and ...
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Wednesday, December 17th, 2008
rpost52 asked: I have a friend who got into some trouble paying his mortgage when his wife went on unpaid maternity leave. They got behind on their mortgage and ended up going into foreclosure on their house.
They were able to scrape up the money they needed to pay it off, ...
Posted in mortgage | 7 Comments »
Tuesday, December 16th, 2008
Tml-mortgages asked: More than a third of homeowners predict they will be nearing retirement before they own their own home, new research suggests.
Responding to a One Account survey, 36 per cent of homeowners predicted they would be at least 60-years-olds before they paid off their mortgage.
A further 20 per cent ...
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Sunday, December 14th, 2008
Shawn Thomas asked: Many individuals who are in the market for a mortgage loan will go directly to the bank that they are used to doing business with, or at best will take the time to shop around at two or three different banks in order to try and ...
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