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Should I Refinance? – FHA Mortgage as an option

As rising unemployment and financial instability on the rise with the global economic downturn ongoing, credit borrowers’ options are limited. That is when FHA loans should be considered. The FHA, is a type of loan that used to take expensive mortgage that took sometime to process. But right now things maybe changing. Even though FHA doesn’t really fund mortgages, it will insure mortgages that will meet their requirements.  Should I Refinance Home Continue reading Should I Refinance? – FHA Mortgage as an option

Mortgage refinance rules in brief

Listed here are several important factors to determine wheter or not homeowners can qualify for help. The official list of guidelines is set to be released soon to the public.

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QA1: Should I Refinance?

Question: Should I Refinance? Our home mortgages remain both our biggest monthly bill and our greatest investment. With all the economic uncertainty, we still have very low interest rates between four and five percent for 15 year loans, and less than six percent for many 30 year loans. A question facing many families is: Should I refinance?

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Mortgage Lenders What Are They

Mortgage lenders is that word we use to lump together all the institutions and organizations who give money to people to buy their homes in the form of home equity loans. These are our lenders: banks, companies that have some sort of loan program, insurance providers and trust companies

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Mark-to-Market and Mortgages

Over the past couple of days, a new possible excuse for the recession has been coming up here and there and it’s called the mark-to-market accounting rule, and not a lot of people know what it is. I had to look it up myself, and I’ll try my best to explain what it’s about.

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Interesting bits

Latest from the News

Read the news carefully today. You never know what you're gonna get. For recommended reading materials on mortgages and refinance aspects and how to fix your deeds or just plain news on real estate, check out the new york times online. It's a very good source of information.