Parents have great hopes from their kids. They expect that their children will be a great asset to them. But they can be a type of credit to the parents as well!!
There are certainly some differences in purchasing a second home than purchasing a home for the first time. The loan options available before you for making this purchase may be different than purchasing a primary residence.
Finally the festive season is over! The fun and frolic has ended and it is now high time we get back to our everyday lives. This means that we can now expect credit card bills knocking at our doors in the coming weeks.
One very popular loan option available in the country is the FHA loan. This is offered by the private lenders and these are guaranteed by the Federal Housing Administration (FHA).
The CFPB or the Consumer Financial Protection Bureau has decided that it will announce the new mortgage lending rules. The main aim to announce these new mortgage lending rules is to give a boost to the mortgage market.
If you are planning to take out a home mortgage loan, you need to know the difference between different types of loans, particularly the difference between an FHA and a conventional loan.
We all will agree to the fact that most resolutions are meant to be broken. With the start of every new year, we take certain resolutions but with the passing of 1-2 months, we hardly give any further importance to them.
Non payments of dues often happen with many of you. Various unanticipated events such as divorce, sudden hospitalization of a family member, loss of employment, pay cut etc put you into serious financial troubles.
With the Mayan proverb, that the world will get destroyed on 21st December, 2012, proving to be wrong, we are now welcoming a new year with all happiness.
Ever since the property market crash, the mortgage lenders have become very skeptical in offering you mortgage loans.
