Mortgage Updates

When your young and eager for a home, it is quite simple to get in way over your head. Plus your mortgage lender is not always your friend. Well let’s say they never are. Read here to find out to hopefully avoid some common mistakes.
Common Home Buying Mistakes That You Must Avoid

This 24yo somehow got into the whole mortgage and real estate game and now that everything has gone bust. He’s stuck with houses, mortgages that he can’t pay and wife and kids. Very awful story.
I am Facing Foreclosure .com

Trying to get a mortgage is nerve racking as you hope that your credit is good enough. Then for the next 30 years or so you worry about paying that mortgage every month. Finally you pay it off. Now what? Well do you know that you can actually make money from your mortgage after all [...]

I hear a lot about fixed-rate loans, here is a little bit of information on interest only loans. Before getting any type of loan, be sure you know about all of them. It’s harder to get cheated that way. Many are losing their homes because they were misinformed, sometimes on purpose. Remember they work for [...]

Considering that most mortgages will take 30 years or more to pay off, its not a surprise that many people are losing their homes. However mortgage rates have slumped and they continue to decline. They are the lowest anyone has seen in six months and continue to worsen.
Rates on 30-year mortgages drop to lowest level [...]

In Blogging Naked, Britain holds their first masturbate-a-thon and in China they put an end to funeral stripteases
 

 
And in Bookadoodle Nancy Callahan continues her Getting Published series, while Starbucks sells childrens books and publishers contine to make billions
Next up in Boomer 2.0 scientists try to map our neanderthal genes

The unemployed get credit cards in Credit [...]

This may be worth fo the UK rather than for other countries, but not everyone lives in the USA, after all, and when I found this article on ThisIsMoney.co.uk, I wondered if it couldn’t be worth reading all the same, so that these things would at least kept in mind. Who knows if it might [...]

Here in Florida millions of families have homes and mortgages but that number is sharply decreasing. The housing boom has cooled and now many can’t seem to afford the houses that were once their dream homes.
In August of this year alone there were 16,533 closures in Florida and it doesn’t look like this problem will [...]

Confused by mortgage lingo? Do you have no idea what they mean by fixed rate? Unfortunately many people are and they can end making very bad decisions when it comes to getting a house because not everyone is there to actually help you. Remember that when it comes to sealing the deal, your wants and [...]