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'Loan Modification' articles

Mortgage calculator step 1 of 3 for successful transaction

September 28th, 2010

You’re planning to purchase a new home or refinance your existing mortgage. Where to begin the process and when? Here are three areas that are important to keep in mind...  Read More

Reverse mortgage options: one from column A, one from column B

September 16th, 2010

According to the U.S. Census Bureau in 2008 approximately 23.8 million homes were owned free and clear, i.e. with no mortgage, constituting 32 percent of total U.S. residences. The overwhelming...  Read More

Interest Rates Rise On Quiet Week

September 10th, 2010
A quiet week in economic news with the Labor Day holiday saw interest rates rise. Mortgage calculators saw more activity for new home loans than refinance mortgages. Here is the...  Read More

Mortgage Rates Continue Slow Decline, Jobs Still Needed

September 03rd, 2010
For the eighth week in a row 30-year fixed rates fell. For the third month in a row the economy lost more jobs than it produced. Cause and effect? Absolutely;...  Read More

Mortgage Relief Coming for Unemployed Homeowners

August 30th, 2010
Over the weekend, the Obama Administration announced a new mortgage relief program to assist homeowners who have faced an unexpected reduction in income. If you are unemployed, are underemployed in...  Read More

FHA Short Refinance Has New Guidelines

August 16th, 2010

Upside-down on your mortgage? Frustrated you are unable to refinance to the historically low mortgage rates currently available? Unwilling to sell your home and go through a short sale? FHA...  Read More

Personal spending flat in stores, up for homes and mortgages

August 06th, 2010
For the week the overall economic numbers continue to be flat or slightly negative. In the mortgage and housing industries a bit of positive news goes a long way. As...  Read More

Rates continue to slip lower on stalled economy

July 30th, 2010

With key economic data released this week no signs appear that mortgage rates will begin to climb in the near future. Mortgage rates drop and stay low when the economy...  Read More