Mortgages
Think that after a multimillion dollar lawsuit and settlement that the big banks would start playing by the rules and treating their customers right? If so, the bridge salesman convention would LOVE to have you drop by. Get ready for the next mortgage scam by the banks. Single Point of Contact Scam One of the [...]
Figuring out what the best thing to do with your money is can be difficult. Many people get caught up in all of the possibilities. They wonder is it wise to pay off your house mortgage? Should they pay off credit cards or put higher down payment on a new home? Should I pay off [...]
Continue reading about Should I Pay Off My Mortgage Instead of Investing
This is part 2 of the series, the first part is: Not Time to Refinance Your Home Future Interest Rates With Adjustable Rate Mortgages or ARM Right about now, when you are starting to feel better, someone will throw in your face the fact that even if your rate is good, IT COULD GO UP [...]
Continue reading about ARM Interest Rates Adjusting Soon May Be Good News For Homeowners
Now might actually be the perfect time to NOT refinance your adjustable rate mortgage. The quirk in ARM interest rates that could get you a lower rate for free by keeping your loan.
It was with much fanfare last month that Congress and the Obama administration passed laws putting into effect government programs to help American homeowners with their mortgages. Both The Emergency Economic Stabilization Act, and The American Recovery and Reinvestment Act were front page news all over the country. A lot of this publicity was due [...]
Continue reading about Government Mortgage Help Programs Scams and Deceptive Marketing and Mailings
Use this website to help start your research on mortgage interest rates.
Continue reading about Finding the Lowest Mortgage Interest Rates
When considering refinancing your home mortgage, the first step is to get all of the details on what you have now. Sure, you have vague numbers in your head, but that won’t help you answer all of the loan application questions, or make a real hard-numbers based calculation about the value of refinancing. What exactly [...]
Continue reading about How To – Refinancing a Home Mortgage Steps and Tips
Ok, it’s time to look at refinancing the old homestead’s mortgage. I’ve been putting it off because of holidays and the fact that rates can still go lower even though the Fed recently cut rates to zero. Now, it’s time to take a serious look at refinancing and how it might work out for my [...]
Continue reading about Refinancing the Mortgage to Take Advantage of Lower Interest Rates
Days like yesterday and today are why I write the Finance Gourmet. For those of you who didn’t see it, the Federal Reserve, or Fed cut interest rates to between 0% and 0.25%. All day today, the media has been droning on about what it means for consumers, homeowners, and the economy. Unfortunately, they are [...]
Continue reading about Interest Rates, Mortgages, HELOCs, Credit Cards, and the Fed
