Mortgage & Refinancing Information

A mortgage is borrowing money using property as a security, a type of secured loan in other words. Primarily, the purpose in borrowing the money is to purchase a property.

Secured Homeowners Loans - In Case You Thought a Home is Worth Few Dollars


Money is like music, if managed well, produces a good symphony. One wrong note - one wrong decision - it produces a jarring sound.

Secured Lending - a Guide to Releasing the Value in Your Home


The recent boom in house price values have made some homeowners more wealth than they could have possibly earned though working in their jobs, however what use is all that wealth if you can't get your hands on it until you've sold your house? The quickest and easiest way to unlock the increased value in your home is often a secured loan that will allow you to receive a lump sum upfront without having to move or remortgage your house.Why take a secured loan?Perhaps it's time to take that amazing touring holiday, perhaps it time to replace the kitchen or even build an extension to your home, with unsecured lending normally restricted to amounts less than £25,000 if you need borrow more money then the best option will be a secured loan.

Mortgage: Effective Household Investment for Financial Autonomy


If finances had a copyright, we would have bought it by now. But it is hardly sold anywhere near the place we live.

Kippers or Red Herrings?


Recent news has made much of parents stretching their finances to cover costs for their twenty and thirty something children. Debts and high property prices have forced many offspring to return home, tail between legs, under the attractive new marketing term of "kippers": kids in parents' pockets eroding retirement savings.

Home Loans and Mortgages - The Selection Can Be Bewildering


For years, when someone wanted to purchase or refinance a home, the choices were simple. The buyer chose either a 15-year fixed-rate mortgage or a 30 year fixed-rate mortgage.

First Time Buyers Fail To Shop Around


Almost two thirds of first time buyers accept the first mortgage they are offered and fail to shop around, often missing out on better deals.Many first time buyers feel pressurised by their estate agents into quickly organising a mortgage for fear of losing out on a property or are attracted to a low interest rate without looking at the mortgage deal as a whole.

Securing the Best International Mortgage for Your Home in Spain


Are you one of a growing number of people planning on buying a holiday home in Spain?Or have you decided to expatriate, buy a Spanish home and live in it permanently?If so, you may be about to begin your hunt for an international mortgage to purchase real estate abroad?The task of finding the best international mortgage can seem like quite a daunting one at first glance with many domestic, overseas and international providers vying for your business. But don't panic! Tackle the task head on, ensure you secure yourself the best possible international mortgage or property finance deal today and you will save yourself tens of thousands in interest payments over the lifetime of your mortgage.

Home Buyer Beware - Know the Signs of Real Estate Market Trouble


Lots of articles have appeared recently about the booming real estate market in the United States. Home prices, especially on the East and West coasts, are not only at record levels, but are increasing at record rates.

Advantages Of Mortgage Pre-Approval


There are several advantages to getting mortgage pre-approval before looking for a home.Being pre-approved for a loan lets you know how much you can borrow towards a home, your agent can help you find a home within the loan amount you're pre-approved for, and a seller of a home is more likely to accept your offer than someone who has not been pre-approved for a loan yet.

Refinance After Bankruptcy


Refinancing your mortgage after bankruptcy is actually the same as replacing it with an entirely new mortgage. The most common reason for refinancing your mortgage after bankruptcy is to get a lower interest rate and save money over the length of your mortgage.

Refinance Your Home Equity Loan


Refinancing your home equity loan is an excellent way to save money. By refinancing your home equity loan you can lower your interest rate and finance for a longer or shorter term.

Refinance Your House


If you have seen all the advertisements regarding refinancing your house you may be wondering if refinancing can actually save you money. The answer is yes! Interest rates are at the lowest levels in decades and there has never been a better time to refinance your home.

Refinance Your Second Mortgage


A 2nd mortgage is a secured loan on your property, with your home serving as collateral. Depending on the particular terms of your second mortgage, you could be able to refinance if you wish to reduce your monthly payments or are in need of extra cash.

4 Things to Watch Out for When Choosing a Mortgage Company


We all know that there are a lot of mortgage companies out there. But how do you know which company to choose? Some companies have flashy advertisements about low interest rates, but are they really the best company to choose? A mortgage is a very large investment, so the company that you choose has to be the best company out there for you.

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Latest News


Ben Bernanke: Fresh Attack on Mortgage Rates
U.S. News & World Report, DC - Dec 1, 2008
Lower rates will enable some borrowers to refinance out of adjustable and into fixed-rate loans. But those who need to refinance the most have homes with ...
Long Bond Returns Most Since 1995 Amid ‘Bubble’ Talk (Update2) Bloomberg
Treasury Yields Hit Record Lows, But Will it Last? Housing Wire
REFILE-TREASURIES-Bonds rally, helped by weakening economy Reuters
Hemscott - Bloomberg
all 163 news articles

Looking to refinance? Now might be the time
Boston Globe, United States - Dec 1, 2008
Mortgage rates have been stubbornly high for quite some time but the government's recently announced $800B plan to bolster mortgages and consumer loans had ...
Are looking for a new mortgage? We want to hear from you Louisville Courier-Journal
all 3 news articles

Interest rate drop opens door to refinancing
Austin American-Statesman, TX - 18 hours ago
By Shonda Novak, MS Taboada The recent sharp drop in mortgage interest rates is creating a window for homeowners nationwide to refinance and providing an ...

Md. sees drop in loss of homes
Baltimore Sun, United States - 13 hours ago
Many borrowers took on mortgages at the height of the housing boom, believing they could eventually refinance to a lower loan rate or sell their homes if ...

Straits Times

Mortgage rates fall, but many borrowers will have trouble qualifying
Los Angeles Times, CA - Nov 27, 2008
Jeff Lazerson, a Laguna Niguel mortgage broker, said all the customer calls he received Tuesday were from people seeking to refinance, not buy homes. ...
Mortgage-market revival: Try, try again CNNMoney.com
US move cuts mortgages to lowest rate since February Baltimore Sun
Last Call for Smart Homeowners Motley Fool
Bloomberg - AHN
all 2,156 news articles

Self-Employed Are Frozen Out of Mortgages
Wall Street Journal - 17 hours ago
He's been unable to find a lender willing to refinance the $900000 adjustable-rate mortgage on his primary residence, which he says is worth around $1.1 ...

Mortgage Delinquencies Set to Soar: Report
Housing Wire - 7 hours ago
“The credit ding makes refinancing that much more difficult,” said one source that spoke with HW Tuesday morning, a loss mitigation counselor at a large ...

New mortgage crisis looming, experts caution
San Bernardino Sun, CA - 18 hours ago
And since investors no longer want to buy commercial mortgages, banks are reluctant to write new loans to refinance those facing foreclosure. ...

A recession Q&A
Newsday, NY - 12 hours ago
... take measures that will result in lower mortgage rates, "so people can afford to buy up housing inventory and refinance mortgages at affordable rates. ...

Are You An Idiot To Keep Paying Your Mortgage?
NewsNet5.com, OH - 6 hours ago
If you took out a home-equity loan or did a cash-out refinance to buy a car, you'll still owe tax on that debt if it is canceled. For state income taxes, ...
Some buyers may see higher loan rates Boston Herald
Global slowdown to drive market direction Moneycontrol.com
all 19 news articles

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