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Calculate the money you need to buy a home

Posted by mortgage 15 days ago (Editorial)
You spend a lot of cash when you buy a home. The down payment for your mortgage is only one expense. There are other outlays: appraisal, inspection, deposit, cash reserves and more. The costs add up."How ...
Where The Smart Money Goes: RBC Poll shows twice as many Canadians opting for a fixed-rate mortgage
A Chase Bank customer service agent called Steven Vogler to deliver the "good" news: After previously being denied, his application for a mortgage modification had finally been approved.

4 money mistakes of first-time homebuyers

Posted by mortgage 43 days ago (Editorial)
4 big money mistakes of first-time homebuyers 1 of 6 First-time homebuyers almost always make a few mistakes when buying their home. Perhaps they pay too much, choose the wrong type of mortgage or neglect ...

Goldman raising money for new home-loan fund

Posted by mortgage 53 days ago (Editorial)
Bloomberg News - (Bloomberg) - Goldman Sachs Group Inc., which survived the subprime mortgage crisis by making bets on a housing decline, is raising money for a new fund that will buy home-loan bonds to benefit from an improving real estate market. The U.S. Housing Recovery Fund is expected to finish its first round of capital raising and open April 1, according to a marketing document obtained .
Bloomberg News - (Bloomberg) - Goldman Sachs Group Inc., which survived the subprime mortgage crisis by making bets on a housing decline, is raising money for a new fund that will buy home-loan bonds to benefit from an improving real estate market. The U.S. Housing Recovery Fund is expected to finish its first round of capital raising and open April 1, according to a marketing document obtained .

Pour Money Into Mortgage to Dump PMI?

Posted by mortgage 63 days ago (Editorial)
Learn if it's wise to invest in your home to avoid those private mortgage insurance payments.
At the height of the housing crisis, low-income Americans had a lot of opportunities to buy a home with the help of subprime mortgages, which proved to be disastrous. But those battered by the crisis continue to find paths to home ownership, despite financial disincentives.

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