MORTGAGE101 FEATURED ARTICLE
It is important to understand the truth about home equity loans so that you don't run into future problems. Lenders may not tell you the entire story when you seek to borrow on the equity of your home. Before you consider taking this step, consider the following information about home equity loans.
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When you go through the process of selling or buying a home, one of the questions on your mind might be 'how much does a home appraisal cost?' The answer to that question is that it depends on several factors, but there are a few standard guidelines that can help you better estimate your cost.
Buying foreclosures can be a great way to save money on a home, whether for your primary residence or a rental property. It is not always as straight forward or easy as buying a seller-owned home though. There are some definite advantages and disadvantages to buying one of these discounted properties.
FROM THE MORTGAGE101 BLOG
The U.S. economy is expanding again. The recession is technically over. Things are looking up. So why do foreclosure rates continue to climb and when will they stop?
In the most recent survey from the Mortgage Bankers Association, mortgage foreclosure/delinquency rates have hit a new high, with 7.4 million Americans, or 14 percent of homeowners facing...