Mortgage & Refinancing Information

Mortgage & Refinancing Information

Home Equity Loans - Research Your Lender Carefully


Real estate prices are rising across the country, and Americans are tapping into their home equity like never before. Americans took out $431 billion in home equity loans in 2004, and that amount may increase in 2005.

Do Your Homework - Find the Mortgage That Fits Your Lifestyle and Your Budget


You've been looking at houses for months, and finally you've found it--the house that's just right. So now, all you have to do is to purchase your new home, move in, and get settled, right? Not quite.

Real Estate Tip: Escrow Accounts -- Do You Really Need Them?


If you have a mortgage on your property, whether it's for your personal residence or a real estate investment, chances are you have an escrow account. But if you are working on building wealth through real estate, you may want to take a hard look at your escrow account (or accounts, if you own more than one piece of real estate) and decide if you really need it.

Cardinal Principle of Homeowner Personal Loans - It is a Solution for Any Sort of Financial Funding


You bought a house and you were promoted to the position of a homeowner. It was perhaps the most important decision of your life.

Save Time With a Bridge Loan


Why You Need a Bridge LoanYou have to move fast in today's housing market if you want to get into the home of your dreams. In cities such as Seattle or San Francisco it's not uncommon for a buyer to receive half a dozen offers within the first day or two after putting the house on the market.

Home Equity Loans Categories


Fixed Rate Mortgages: These loans have a fixed rate of interest over the entire term for which the loan has been disbursed. The term for these mortgages is typically between 10 to 30 years.

Home Equity Loan Considerations


In other words, the benefit of the loan must outlast the loan period. Taking a loan for financing that elusive vacation is a strict no-no.

What Are Home Equity Loans?


A home equity loan is simply borrowing on the difference of the value of your home and the outstanding mortgage on the house. Lets say, you have bought a home worth $50,000 some time back, after making a down payment of $5,000.

Types Of Home Equity Loans


There are two broad types of home equity loans:Term loans: Home equity loans of a fixed nature are also called second mortgages. For example, if you have bought a home for $10,000, and made a down payment of $1,000, and taken a mortgage for the rest and have managed to repay another $2,000, then you can apply for a home equity loan of $3,000.

Lesser Known Facts About Home Equity Loans


Refinancing your debt via a home equity loan shifts your debts loan to your home. The flip side to such a move is that your home is on the line.

Home Equity Loan Risks


Home equity loans give individuals a tool to extend their existing credit line by securing debt on the equity value of their existing homes. This access to easy and cheap money can lure the borrower into securing a debt for reasons which otherwise could have been funded through wise money management.

Home Equity Loans Popular Scams


Most borrowers fail to realize that when trading their much beloved home for cash, lenders can foreclose on their property in the case of default. Moreover, because of fly-by-night operators who are ready to strip unsuspecting borrowers of their most prized asset, it is doubly necessary that borrowers be familiar with some frauds that could be perpetrated on them.

Refinancing vs Line of Credit


Refinancing vs line of credit are two popular options you have when deciding the best way to take equity out of your home. Sometimes it makes sense to establish a line of credit.

Buying a House or a Home?


A house is just that, a house, until someone lives in it. That's when it becomes a Home.

Who Else is Ready to have Their Money Work Harder for Them?


What does it mean to refinance? Why would anyone want to consider it? There are numerous situations when someone would refinance. When we use the word refinance, we are basically referring to a loan: for example a car or house loan.

More Articles from Mortgage & Refinancing Information:
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42



MORE RESOURCES:

Motley Fool

The Most Important Investing Chart You'll Ever See -- The Motley Fool
Motley Fool
In 1972, after spending time in the Pacific islands, anthropologist Marshall Sahlins proposed a startling theory in his book, Stone Age Economics: instead of ...

and more »


Socially responsible investing policy heads to City Council
Portland Tribune
The issue of socially responsible corporate investing will return to the City Council on Wednesday. After being pressed by numerous advocacy organizations to not invest in certain corporations over the years, the council directed the City Treasurer to ...

and more »


Motley Fool

The Best Investing Ideas in Solar -- The Motley Fool
Motley Fool
Solar investors have taken a beating over the past few years. We think the prospects are much better for investors; here are three of our best ideas.

and more »


Motley Fool

The 5 Best Dividend Stocks for Beginning Investors -- The Motley Fool
Motley Fool
Here's why our team of contributors thinks that these five stocks are ideal choices for novice investors.

and more »


Motley Fool

2 Ways CalAmp Corp. Is Investing in the Future
Motley Fool
Some investors may bemoan that the company's stock price has been essentially flat for the past two years, but there are a few reasons for optimism -- namely, CalAmp's push into recurring software and services revenue and its long-term investment in ...

and more »


Motley Fool

3 Stocks to Invest in Healthcare
Motley Fool
If you're looking to invest in the healthcare sector, there are a lot of choices. And those choices span quite a few industries. So when we asked three of our top healthcare contributors to name three of the best stocks to invest in healthcare, it's ...

and more »


MarketWatch

Opinion: Ben Carlson: My 12 favorite (and free) websites for investing information and tools
MarketWatch
Investors can now become more informed than ever before if they know where to look and whom to trust. You no longer have to go through the gatekeepers to access relevant financial market information. That has leveled the playing field for individual ...



Barron's

The Passive Investing Bubble Could Soon Pop - Barron's
Barron's
Ned Davis thinks the next five years will present great opportunity for active managers to outperform passive indexes.

and more »


U.S. News & World Report

Stocks Stumble on US Policy Woes; Trumpflation Trades Suffer
U.S. News & World Report
But Wong said the selloff is likely to be limited as cashed-up investors waited on the sidelines. MSCI's broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> was broadly flat after posting its first weekly decline last week in three weeks.

and more »


The Best Investing Advice I've Ever Heard
Motley Fool
When I started investing, I made some pretty serious mistakes, and I lost almost all the money I had put in the stock market. That painful loss broke down my preconceived notions about how Wall Street experts invest and instead left me open to a ...

and more »

Google News

home | site map
© 2006