At the beginning of 2015, there is a new trend that seems to dominate the financial market - steady decrease in mortgage interest rates, which helps this sector quickly regain strength after the bad past few years. With real estate prices raising slower than ever, people are becoming interested in […]
Tag: mortgage
Understanding The Process of Acquiring a Mortgage
The process of a buying home can be complicated as it is probably the single, biggest purchase you will make in your life. Most likely you will have to borrow the money from a bank or other financial institution by getting a mortgage — a long-term loan secured by the […]
Understanding The Basics of Mortgage Loans
Nowadays people are afraid to take loans. This is partly due to uncertain economic situation of the entire world, which may cascade down as job loss, and partly due to the personal impressions about loans. People have possibly burnt their fingers by borrowing heavily, or have seen somebody they knew […]
How to Obtain a Mortgage During Recession
Buying a property is a big decision. Ongoing costs like mortgage repayments, bills and repairs can prove expensive. With a mortgage you won’t be able to sell the property until you pay it off and if you fail to make your repayments each month then your lender can repossess the […]
Over 8 Million Only Have Savings To Cover One Month’s Rent
A new survey by the housing charity, Shelter, has found that one third of people in the UK would no longer be able to afford their rent or mortgage payments if they were to lose their job. Over 8 million Brits would run out of cash in just one month […]
Mortgage Rates Fall Again while Credit Remains Tight
The fallout from the 2007-08 mortgage collapse continues to rear its ugly head some five years later. Kareem Serageldin, a former executive for Credit Suisse, pleaded guilty on April 12 to fraud after admitting to artificially inflating the value of mortgage bonds in 2007, in an attempt to mask the […]
Help with Title and Closing Services
One of the most difficult parts of the mortgage process tends to getting to closing. There are a multitude of different matters that can arise and through off what was supposed to be a quick and painless process. If you are a company that is struggling with their closing rates […]