Mortgage Updates

If your mortgage due date comes and goes and you’re unable to make your mortgage payment due to a job loss or another situation beyond your control, don’t pretend there isn’t a problem by ignoring it.
Pick up the phone and call your lender because they can probably help protect your credit and keep you in [...]

Adjustable mortgage rate - these were the three little words ruffling the mind of Kate, who was sitting in the office of her financial advisor. She intended to go for loan adjustments. Her financial advisor had told her to learn certain things about the best option to deal better with her lender.
In fact, Kate herself [...]

A net branch mortgage lender can offer a modern and potentially, highly satisfying conduit for expanding an existing mortgage-origination business without expending considerable additional capital. A branch can also offer the opportunity for talented loan officers with low net worth to grow their own business and secure a better future for themselves.
But you need to [...]

Larry King recently invited several real estate professionals onto his show “Larry King Live.” King asked the guests for advice regarding the housing market — some of the responses were concrete, while others were more general.
Some of the the most useful responses?
From real estate expert Barbara Corcoran, on selling a house:
There’s one way you [...]

So, if you have a family that you want to move into a home, and there is more than one of you, there are also new options. Check this out.
The foreclosure rate has moved so high and individuals have become so frustrated, that now people are just turning in their keys so [...]

Most of us know that the real estate business has taken a turn for the worst in the U.S., with a high rise in foreclosures, home closures and the inability to buy and sell. In fact, the year 2007 was said to have real estate drop in sales by an average of 8.9%, an [...]

I don’t know about any of you, but the process of buying and selling isn’t one that I would consider “fun.” It takes forever, you have to deal with people that don’t have your best interests in mind, and it is too easy for things to fall into the cracks from the teams of [...]

We are all seeing it, feeling it and are most likely being affected by it. The foreclosure rates are skyrocketing right now, and are continuing to move up. In Colorado (my state), the problem started a good two or three years ago, with foreclosure rates up by about 50%. Now, this is [...]

With the state of affairs as they currently are more homeowners have continued to fall behind on their mortgages. The numbers are a staggering 65 percent increase from this same time last year. The hardest hit states reported are Nevada, Arizona, California and Florida. But this is a nationwide epidemic and is [...]

And in the news of mortgages and foreclosure is the world of the government. On April 9th, it was announced that there would be a new HUD assistance program offered. For HUD homes, those who need extra assistance in order to prevent foreclosure, would have the ability to re-finance and work with HUD [...]