Aug 26 2008
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The past six months have been heart-stoppingly volatile for homebuyers.
The “easy” money available in the lending markets in prior years has dried up and lending criteria have tightened significantly. Homebuyers and speculators who took advantage of adjustable-rate mortgages found that when the rates reset, the monthly mortgage payments were unaffordable. |
Aug 22 2008
Buying a new home can be overwhelming. Knowing the common terms used by lenders and real estate agents will help you feel more comfortable through the process of buying a new home. Below are a number of these terms with an explanation of what they mean to the homebuyer. Continue Reading »
Aug 16 2008
Shopping for a home mortgage loan can be very confusing. There are many different types of loans available from many different types of home mortgage lenders. The type of loan you ultimately choose should fit your individual needs and the type of property you are purchasing. How do you know which type of home mortgage loan is best for you? The answer to that question requires a bit of research. Continue Reading »
