Did you know recent surveys indicate that the average American does not have enough savings to cover a $400 emergency? Given the modest savings of most Americans, it can be difficult to come up with the 10-20% down payment required … Read More
FHA loans are designed to help first-time home buyers and people with low credit scores to get a government-backed loan to purchase a home. Mortgage News Channel offers a brief overview of the program and FHA loan requirements for obtaining … Read More
Are you looking for a home loan? Whether you are purchasing a new home or refinancing your current one, a home loan is a big commitment. It is important to know all of your options. You do not want to … Read More
Refinancing hit a 20-year-low in 2018 but now more and more people are thinking about refinancing their homes. While it may take extra effort and paperwork to go through the process, the benefits may outweigh the hassle for you. Continue … Read More
You have worked hard and pinched pennies and now you are ready to buy your first house. Perhaps your family has grown, and you need more room in a bigger house. Just looking to refinance? Maybe it is time to … Read More
Since the housing market bubble burst in 2008, many homebuyers and owners have been worried about what the market might do in the future and rightfully so. Many families lost homes or were left owning property that was worth much … Read More
Would you like to pay hundreds less in monthly mortgage payments AND cut years off your repayment period? Would you also like to suffer through months of paperwork and pay thousands of dollars out-of-pocket for fees? If your response to … Read More
Financing for homebuyers can no doubt be a complicated affair. From choosing between various loan types, deciding on an adequate down payment, and selecting a mortgage loan company, it is no easy task. Add to this complicated equation mortgage rates, … Read More
In the U.S., 24.5 percent of all properties with a mortgage are considered “equity rich.” This phrase means that the payoff amount of the loan or combined loans on the property is 50 percent or less of the property’s estimated … Read More
Knowing how to do a successful real estate investment can make a world of difference. Just last year, people bought around six million homes. As such, you need all the right skills to get a good deal and not get … Read More