In Baby Step 5 Ramsey talked about your options for saving for your children's college education. While I think it's a good idea to get your kids involved in helping to pay for their own education, … [Read more...] about Dave Ramsey’s 7 Baby Steps: Step 6 – Pay Off The Home Early
The perfect combination of rising home values and low interest rates is here. Conditions are ripe for refinancing a mortgage. Rates now average close to 3.5 percent nationwide. A household can cut … [Read more...] about 5 Reasons to Refinance Your Mortgage Now
Now that the economy has picked up some, the housing market is recovering a little, and memories of the financial crisis are fading, some lenders are re-introducing a few "creative" financing methods. … [Read more...] about Watch Out for Interest-Only Home Loans
One of the cool tools offered by CNN Money right now is a calculator that lets you see whether or not your home has been a good investment. You enter information on when you bought your home, as well … [Read more...] about Has Your Home Offered You A Solid Return So Far?
I was reading my recent issue of Consumer Reports Money Adviser when I came across a small item on deceptive mortgage ads. I've seen a few of these myself recently. You've probably seen them as well. … [Read more...] about Are You Getting Reeled In By Deceptive Refinance Marketing?
Home prices are still quite low, and mortgage rates remain at record-low levels. As a result, many consumers are considering buying homes right now. It's possible to get a good deal, and it's likely … [Read more...] about Can You Get A Mortgage If You’re Self-Employed?
Foreclosure is never going to be an easy process to go through. When you're going through it you're most likely losing your home, losing a piece of your security and it's shocking to be having to … [Read more...] about Banks Will Pay You To Avoid A Drawn Out Foreclosure Process: Short Sale Incentives
Mortgage rates are low right now. Really low. Indeed, for many homeowners, now is the perfect time to refinance. Credit requirements have loosened up a bit (compared to what they were for a couple … [Read more...] about Ready To Refinance? Here’s What You’ll Need
Right after the mortgage meltdown, adjustable rate mortgages were vilified far and wide. You couldn't find anyone, anywhere, recommending an ARM. Now, though, some are saying that ARMs have had a bad … [Read more...] about Is It Time to Reconsider the ARM?
If you're looking to buy a home or refinance anytime in the near future you may have been happy to hear the news this past week that mortgage rates are now at the lowest levels in years. It is good … [Read more...] about Fixed Mortgage Rates Fall To Six Decade Low, But Few Can Take Advantage
My wife and I have been looking recently at possibly either buying a new home, or even building one if we were able to find the right lot. Home prices are more reasonable now than they've been in a … [Read more...] about CapWest Mortgage: Discounts For Costco Customers, Good Rates For Good Credit
Over the past year or so I've written quite a bit about the Obama administration's Making Homes Affordable program, as well as other mortgage modification programs. The programs were conceived of … [Read more...] about Congress Considering Scrapping Mortgage Aid Programs Due To Ineffectiveness