Question by lastmile77: Can somebody give me a clue on my mortgage payments? I bought my first home about 8 months ago. I had no down payment and ended up getting two separate loans. The first was $ 114,000 @ 6.75% 30 year fixed. The second was for $ 38,000 @ 9.436% 15 year balloon. [...]
The recession was caused by people being unable to pay back their home mortgages because the mortgage rates were too high? Banks were not getting their money back from home owners, causing a credit crunch, thus they were unable to lend money to big businesses. Big businesses then had to cut back on expenses and [...]
I want to refinance my home for a 40 or 45 year mortgage. What are the avantages and disavantages of this type of mortgages? Thanks Related Blogs Related Blogs on 30 year mortgage Generate Passive Income: It Starts with the Right Mindset « The … Related Blogs on Mortgages Tougher rules for mortgages Related Blogs [...]
I have a total of 3 mortgages and I am about to buy 5 more houses. I have heard (not from an expert but he sounded like he was speaking from experience) that once you get up to a certain number of debt or number of mortgages on your credit, it can drop your score, [...]
Anyone know of a website that would have this information for free? I’m trying to find out on a per state basis, how many mortgages were issued last year. Related Blogs Related Blogs on Issued New medical marijuana policy issued by the President « Marijuana … The Two Malcontents » New medical marijuana policy issued [...]