Thursday, January 13, 2011

Mortgage and Loans - Mortgage Refinance, Home Loans

Mortgage and Loans - Mortgage Refinance, Home Loans

Keiser Report №101: Markets! Finance! Scandal!

Posted: 13 Jan 2011 06:10 AM PST

This time, Max Keiser and co-host, Stacy Herbert, challenge French finance minister, Christine Lagarde, to play football against Manchester United if she can’t keep French banks from running to the US Federal Reserve for emergency cash. RT on Facebook: www.facebook.com RT on Twitter: twitter.com

Adjustable Rate Mortgage Questions Answered – Kent Wenzel Quicken Loans

Posted: 13 Jan 2011 01:22 AM PST

Quicken Loans Mortgage Banker, Kent Wenzel answers the two most frequently asked questions regarding ARMs (Adjustable Rate Mortgages).

What the Current Low Mortgage Rates Could Mean to You

Posted: 13 Jan 2011 12:31 AM PST

Mortgage rates fluctuate from day to day and hour to hour. The only thing you can be sure of is that eventually the existing extremely low rates are going to begin to climb again. As recently as the 1980s, a buyer was lucky to find a home mortgage for as low as 10%. Most were considerably higher. It is not beyond the stretch of one’s imagination to think about the point that that could well happen again if our economy starts to boom . Although home sales are still in a slump considering that we have seen too many foreclosures and never enough individuals with the financial security to purchase , in case you are qualified to purchase a new home now, it is possible to take advantage of a win-win situation.

Mortgage Broker Middleton WI

As you’ve probably heard, together with the mounting volume of foreclosures, property values have dropped dramatically. A home that sold for $250,000 during the housing boom could possibly be purchased in certain areas now for half that value. You might have never considered owning a house costing a quarter of a million dollars, but now could be the time . By purchasing a house that should eventually become worth twice as much as you paid for it and taking advantage of the reduced interest rates , you are in position to both make and save big money. The time is right for qualified buyers.

Mortgage Rates Fitchburg WI

Home loans are not as easy to obtain at this time , because lending institutions are adhering to stricter lending policies. Through previous decades, they became complacent and loaned money to people who really didn’t have the funds to pay it back. They went with concepts such as variable rates which eventually would change into high-interest fixed rates or balloon payments. Buyers were convinced that when these changes occurred , their earnings would rise enough to maintain the payments . Unfortunately, this optimism was misplaced. A large number of folks that were faced with higher mortgage repayments were also facing unemployment and under employment, and the money to pay for the higher payments just wasn’t there.

Lenders don’t want people to default on houses. They are in the business to generate income from the interest you pay, not to sell repossessed homes. Therefore, after learning the hard way as to what hard times could do to their bottom lines, they tightened up their guidelines. Still, if you’re able to meet them, you are in position to get the best deal of your life.

Insurance Reform.mpg

Posted: 12 Jan 2011 11:09 PM PST

What do homeowners insurance pay for in case of a pipe burst in the kitchen?

Posted: 12 Jan 2011 08:50 PM PST

Okay I know the insurance will repair the damages. Now I’m wondering if it will pay for the take out food that I have to buy because I have no running water, the sink is off, and the dishwasher is not working.

Posted by Blogku at 7:43 AM

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