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Friday March 12th 2010

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What hidden fees are there in mortgages?

What hidden fees are there in mortgages?

What, aside from principal and interest, might I be paying for every month to live in a house? Related BlogsRelated Blogs on feesRelated Blogs on hiddenRelated Blogs on hidden fees in mortgagesHow To Get The Best Home Loan Possible? | My Loan Tips | Complete ...

Are there still mortgages that factor in money for repairs to the house?

Are there still mortgages that factor in money for repairs to the house?

I'm looking at a short sale that needs some work. Is there a mortgage that you can take out that will factor the money for these repairs in, assuming the final product worth the total mortgage? Related Blogs on insurance loans mortgages Loan Mortgage Rates – What You Need to Know to Succeed | Best Rate ...

How often and based on what does the interest rate on home mortgages fluctuate?

How often and based on what does the interest rate on home mortgages fluctuate?

I applied for a home loan and was given a rate of 5.0%, (I know... really good but that's what it was.), and by the time our papers were signed it was back up to 6.0% in a matter of hours. Which makes a big difference in monthly payments, just thought that was strange ... maybe not? Related Blogs on 'interest Certificate of [...]

Can someone please explain clearly in laymans terms how reverse mortgages really work?

Can someone please explain clearly in laymans terms how reverse mortgages really work?

From what I've heard, it sounds too good to be true and I don't want my older family members to get into something bad because their home is paid for and worth good money, especially if they wait and don't sell until the market gets better in I'd say about 2 years. Related BlogsRelated Blogs on how reverse mortgages workThe Implications of a [...]

Did lawmakers pass that plan to freeze adjustable rate mortgages?

Did lawmakers pass that plan to freeze adjustable rate mortgages?

About a month ago, Paulson was talking about a plan to freeze adjustable rate mortgages that meet a certain criteria? Was that plan passed? I haven't heard much about it lately. If it was passed, how do you take advantage of it? Is your ARM automatically frozen or do you have to apply some how? Any info would be appreciated, [...]

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