Mortgages

Should I Pay Off My Mortgage Instead of Investing

Finance Gourmet on July 19th, 2010

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 [...]

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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

Finance Gourmet on June 4th, 2009

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.

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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

Finance Gourmet on January 14th, 2009

Use this website to help start your research on mortgage interest rates.

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Finance Gourmet on December 30th, 2008

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

Finance Gourmet on December 30th, 2008

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