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'Loan Modification' articles

Home prices rise in May

July 28th, 2010

Figures for home prices released on Tuesday show a slight increase in values for the month of May compared to April. Compared with 2009 values in the same time period...  Read More

5 Easy Mortgage Mistakes: How to Avoid Them

July 21st, 2010

You have probably heard at least one mortgage horror story from friends, family, or neighbors–or even lived one or two yourself. What you likely do not hear is how often...  Read More

Foreclosures Continue To Mount: Opportunity or Anxiety?

July 20th, 2010

Information in the Midyear 2010 U.S. Foreclosure Market Report released by RealtyTrac gives some mixed news on foreclosures across the country. New filings decreased from the prior period, but are...  Read More

Refinance From Interest-Only or ARM to a Potentially Higher Payment? You Bet!

July 06th, 2010

Even with today’s historically low mortgage rates, many homeowners with Interest-Only or Adjustable Rate Mortgages (ARMs) are deciding not to refinance. Why? Because their monthly mortgage payments may stay the...  Read More

Why Refi? Loan Modifications Failing--And Fannie Stiffening Penalties For Default

June 29th, 2010
Many homeowners are facing challenging choices if their home equity is at or below zero–especially if their mortgage rates are well above current rates. Too often the first choice for...  Read More

Mortgage Rates Stay Low As Home Sales Plummet + Other Mortgage News

June 25th, 2010

As mortgage rates hit 50 year lows and economic reports last week showed a sluggish economy, the Fed shows no inclination to change its direction regarding low rates. However, home...  Read More

Reverse Mortgages: Another Option for Seniors Facing Financial Difficulties

June 23rd, 2010

Lending guideline changes have restricted the ability of many seniors to access home equity to help pay for current financial needs. As a result, many seniors who before may have...  Read More

Purchase Mortgage Applications Reverse Decline, Rates Lower As Economy Limps

June 18th, 2010
Refinance calculators have been buzzing. Mortgage rates continue their historic lows and stabilizing housing values in regions across the country have created a surge in refinance mortgage applications. Also increasing...  Read More