The European financial crisis is poorly understood in the United States.
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How the euro crisis will affect you
Posted by mortgage 1 day 2 hours 3 minutes ago (Editorial)Is a cash-out home refinancing right for you?
Posted by mortgage 111 days ago (Editorial)
Dear Dr. Don,I have a question of whether to refinance. We have been in our home for 21 years and are not close to retirement. Our ages are 49 and 51, and we have a first and second mortgage. The first ...
You Might Just Get Another Chance to Buy Some of Those AIG Mortgage Bonds
Posted by mortgage 131 days ago (Editorial)
The Federal Reserve Bank of New York is likely to resume selling the risky mortgage bonds taken on from American International Group at the height of the financial crisis as early as next week, according to investors who have been briefed by dealers.
Mortgage deals available might surprise you
Posted by mortgage 151 days ago (Editorial)
The lack of accurate information about the availability of loan programs that are designed to address special needs is discouraging far too many consumers from even considering an application, much less shopping around.
How HELOCs Can Hurt You
Posted by mortgage 166 days ago (Editorial)
HELOCs generally have variable interest rates. Having a HELOC is similar to having an adjustable-rate mortgage. You should not live beyond your means with a HELOC.
Break your mortgage, before non-mortgage debt breaks you
Posted by mortgage 176 days ago (Editorial)
If your fixed-rate mortgage is 4 per cent or higher (and you cut up your credit cards), rolling outstanding debt into a refinanced mortgage just might work for you
Brian J. O'Connor: Will a refi rescue you?
Posted by mortgage 205 days ago (Editorial)
President Barack Obama has unveiled new rules aimed at making refinancing possible for homeowners who owe more on their mortgages than their homes are worth. These "underwater" borrowers can get some added breathing room in their budgets by refinancing to the ultra-low mortgage rates available today. But if they're not careful, refinancing could sink them even deeper in debt on those money ...
Which Mortgage Is Best For You? Weigh The Options
Posted by mortgage 208 days ago (Editorial)
If you?re currently home shopping or planning to refinance , it?s important to decide on a specific mortgage program. Let?s take a look at some of the most popular loan programs out there to determine which will be the best fit for you.
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