Have yourself a Merry Christmas and a wonderful holiday season – but don’t do it at the expense of your mortgage.
read more
Read More at MortgageLoan.com
The responsibility of owning a home can be scary, especially in this troubled economic environment. Use these 5 strategies to safeguard your mortgage in the face of economic disaster.
read more
Read More at MortgageLoan.com
Categories: Economy, Interest Rates, loan modification, Mortgage's, Refinance Tags: Credit Card, Credit Card Debt, Debt Management, mortgage, mortgage rates, Personal Finance, Real Estate
For most Americans, their home is the largest and most important investment they will ever make. Ensuring that they have the right kind of mortgage is critical to their financial well-being and -- as we've seen recently -- critical to our entire economy.
The head of JPMorgan Chase said Wednesday that banks would not consider writing down mortgages for homeowners who can't make payments, an idea at the center of talks aimed at fixing the mortgage mess.
Fix your credit report before you apply for a mortgage and you could literally save more than $100,000 over the course of your loan.
read more
Read More at MortgageLoan.com
The American Dream is still alive and kicking, including within immigrant and minority communities, according to a survey from mortgage giant Fannie Mae.
Categories: Economy, Interest Rates, Mortgage's, Refinance Tags: Alive And Kicking, American Dream, Bust, Fannie Mae, Giant, Immigrant, Minority Communities, mortgage, Survey
The Treasury Department's foreclosure prevention efforts have been found lacking -- again.
Joshua and Irene Vecchione are cleaning the dinner dishes one evening in October when Joshua's cellphone rings. It's Rhea from the Chase collections department, and she wants to know if he has $123,000 today. That's what it will take to get the Vecchiones current on their mortgage.
Categories: Economy, Interest Rates, Mortgage's, Refinance Tags: Cellphone, Chase, Collections Department, Dinner Dishes, Irene, Joshua, Ladera Ranch California, mortgage, Vecchione
The government's main foreclosure-rescue program continues to show signs of slowing progress, according to a federal report released Monday.
Unemployed homeowners cannot count jobless benefits as income when applying for mortgage modifications if they have loans backed by Fannie Mae. That could greatly limit their ability to get a long-term reduction in their monthly payments.