In the housing boom of the last several years, many lenders have been happy to jump on the bandwagon with low and no down payment mortgage offers. Times have changed, and with the specter of government regulation and oversight looming, 0% down paymen...
If you’re in the market to buy a house, then you’re going to need a credit report that’s in great shape. You have to qualify for a mortgage, and that means that your credit report is going to have to do some heavy lifting. If you&rs...
Fixer Uppers are popular in the real estate market. You know the properties I’m talking about – they’ve got a lot of value, but they’ve seen some hard use and wear throughout the years. Underneath it all, they’re structu...
If you have an adjustable rate mortgage (ARM) that is indexed to the Libor, the London interbank offered rate, there is a good article in today’s Wall Street Journal. In a nutshell the article explains why despite a cut in short term rates by t...
Congress passed a law making private mortgage insurance tax deductible for new loans, beginning in 2007. This is particularly good news for Florida’s first time home buyers, where home prices have increased substantially in recent years.&n...