Archive for mortgages
ARM Interest Rates Adjusting Soon May Be Good News For Homeowners
Posted by: | CommentsThis is part 2 of the series, the first part is: Not Time to Refinance Your Home Future Interest Rates With Adjustable Rate Mortgages or ARM Right about now, when you are starting to feel better, someone will throw in your face the fact that even if your rate is good, IT COULD GO UP AT ANYTIME. That, is the second thing that is different. Mortgage companies and customers found that changing... Read more→
Time To NOT Refinance Your Mortgage
Posted by: | CommentsThe world of adjustable-rate mortgages isn’t very old when it comes to the general population. Sure, the product has been around for a long time, but it wasn’t until late in the 1990s that it turned into the kind of thing your average neighbor would have. That lack of age also means a lack of experience. So when media outlets start reporting about “Black Wednesday” when... Read more→
Government Mortgage Help Programs Scams and Deceptive Marketing and Mailings
Posted by: | CommentsIt was with much fanfare last month that Congress and the Obama administration passed laws putting into effect government programs to help American homeowners with their mortgages. Both The Emergency Economic Stabilization Act, and The American Recovery and Reinvestment Act were front page news all over the country. A lot of this publicity was due to the fact that Americans have started to perceive... Read more→
Finding the Lowest Mortgage Interest Rates
Posted by: | CommentsRefinancing a mortgage or getting a new mortgage isn’t necessarily just about finding the lowest interest rate. But, you definitely want to know what interest rates are in general when shopping around for a mortgage. That way, you know who is way out of the ballpark, and who is worth looking into a little bit further. One of the best tools around for information on current interest rates... Read more→