Natural disasters can hit us any time without any warning. Normally, it is after a natural disaster that we come to know that our insurance policy does not cover all of the damages to our dwellings and possessions.
Blogs
5 Main factors behind different mortgage refinance rates
Submitted by admin on Thu, 11/22/2012 - 05:14
The current market situation is indeed very ideal for mortgage refinancing. The rock-bottom mortgage rate of interest is enticing many of you to mull over refinancing.
Taking out a mortgage is one of the biggest decisions in a person's life. It has a great impact on the financial situation of that person.
The new underwater loan relief program is not free from cons
Submitted by admin on Mon, 11/12/2012 - 04:52
The Federal government's most important financial relief for underwater homeowners started operation on November 1, 2012. However, there are still some snares and drawbacks for participants.
You may be in need of another source of fund. One good way to get in is to tap your equity in your home. If you have accumulated substantial equity in your home, then you can use your home equity to borrow money.
It’s now time for the new look of MortgageFit. The more crisp, customer centric and visually soothing look of this mortgage platform is likely to better serve its prime objectives of helping you come out of your mortgage problems.
Most of the renters/tenants are thinking of homeownership due to the present affordable home prices, low mortgage rates, and rising rents. It should be noted here that some of the first-time buyers who lack the cash for a down payment and closing costs take help of their retirement savings for money to buy a house.
There are mainly 2 ways in which you can use your retirement savings to purchase a home:
Superstorm Sandy: How can you protect your insurance claims?
Submitted by admin on Tue, 10/30/2012 - 23:42
Superstorm Sandy is playing havoc in the lives of many home-owners. Till now, it has resulted into massive destruction of people and property and it is expected to cause further havoc. Once the superstorm gets over, people will have to face a hard time to negotiate with the insurers in order to get the cash for home repair.
Know about closing costs so as to make the right mortgage choice
Submitted by admin on Sun, 10/28/2012 - 00:09
When you are planning to take out a mortgage loan, you must give due attention to the get the loan at a low rate. But apart from the usual rate of interest, another thing that you must look into very seriously is the closing costs involved in the loan.
New rules may make it difficult for borrowers to get a loan
Submitted by admin on Fri, 10/26/2012 - 03:49
In the early next year, the mortgage industry will come face to face with some new rules. Mortgage bankers and realtors are of the opinion that these new rules may even make it difficult for the borrowers to qualify for a home loan.