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Buying a piece of distressed real estate can be a great way to snag a dream home at a steep discount.
RENO ? President Obama rolled into a modest hilltop neighborhood here to champion his efforts to help underwater homeowners get back on their feet ? and to urge Congress to do more. Standing outside the house of Val and Paul Keller, who have watched the value of their home plummet well below the amount they owe on their mortgage, Obama announced a dramatic spike in the number of Americans ...
I got a letter from my bank the other day offering a streamlined refinancing deal for my current home mortgage. It was one of those "quickie" offers tailor-made for my loan situation and designed ...

Is refinancing a VA home loan worth it?

Posted by mortgage 96 days ago (Editorial)
Dear Dr. Don, Is it worth refinancing our 30-year Veterans Affairs, or VA, loan, which we paid extra points to lower it to 4.5 percent three years ago? Refinancing would cost us $5,512 for a 3.7 percent interest rate on a 30-year fixed-rate mortgage.

Is refinancing your VA home loan worth it?

Posted by mortgage 96 days ago (Editorial)
Dear Dr. Don,Is it worth refinancing our 30-year Veterans Affairs, or VA, loan, which we paid extra points to lower it to 4.5 percent three years ago? Refinancing would cost us $5,512 for a 3.7 percent ...

Foreclosure - Get over it

Posted by mortgage 98 days ago (Editorial)
In any society there are good times and bad times but when things get rough most people simply focus on all the bad things, instead of how to solve the problem. Today's economic problems are much different than decades ago since it involves the primary core of our foundation as a nation - real estate ...
Q We have been overpaying our tracker mortgage for quite a few years now, and have always been advised by the mortgage lender that we should keep this amount as a separate savings account rather than actually reducing the mortgage. But I would like to stop doing this and would prefer to see the pot integrated into our outstanding mortgage payments. But when my husband recently spoke to our ...

Mortgage: Walk away or modify it?

Posted by mortgage 367 days ago (Editorial)
Homeowners who have a hard time making their mortgage payments probably have thought about applying for a home loan modification.

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Mortgage How to Get is an informational resource about mortgage news and information.