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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

Thornburg Mortgage – Bankrupt!

Thornburg Mortgage Inc., the “jumbo” home lender racked by the collapse of U.S. mortgage markets, said it plans to file for bankruptcy protection and shut down.

Remaining assets will be sold or liquidated to pay bondholders and creditors, according to a statement today from the Santa Fe, New Mexico-based company.
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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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Cheap Refinancing

Should you refinance your mortgage to take advantage of falling interest rates? Here are some answers on interest rates and getting a new mortgage. Continue reading Cheap Refinancing

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.