What Way Is The Best To Get Rid Of A House With Two Mortgages But Very Little Cash On Hand.?
We have 2 mortgages, no money (we just paid off all our credit cards) and both work in another town.
Jun 2 2011 | Posted in Mortgage Q&A's | Read More »
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Category archives for:
Mortgages
Should I lock in 30yr fixed mortgage rate today? We close in 60 days. I can lock in 5.6% today or let it ride?
Question by Anthony: Should I lock in 30yr fixed mortgage rate today? We close in 60 days. I can lock in 5.6% today or let it ride? The 10yr bond was up this morning and is currently down. Are there other indicators I should be looking at? Other interest rate forecast sources? Thanks for your [...]
Jun 2 2011 | Posted in Mortgage Q&A's | Read More »
What Different Types Of Mortgages Are There? I Dont Want To Be Scammed?
I dont want to get scammed into taking a mortgage I dont need. Can a mortgage expert enlighten me on mortgages. i would also like to hear the laymans views as well. How many types are out there; Pros and cons. I just heard of an inerest only but the only sense I can make [...]
Jun 1 2011 | Posted in Mortgage Q&A's | Read More »
The Mortgage and Deed You Need
A deed is a lawful instrument that awards a right. In real estate, it’s a lawful document that exchanges possession from one party to another. It’s also involved once the property is paid with a mortgage. Without this file signed by the prior owners, there isn’t any transfer of possession of the real estate. Of course, the authenticity of the signatures is crucial so a notary is always required to verify the credibility.
Jun 1 2011 | Posted in Mortgages | Read More »
Why Cant Mortgage Backed Securities Be Split Into Their Component Mortgages To Determine Proper Value?
If they could be split, good vs bad mortgages could be repackaged into good/bad MBS’s and sold with high and low prices, respectively. I’m sure this occurred to someone already, why isn’t it being talked about? Related Blogs Related Blogs on mortgaged backed securities Related Blogs on Mortgages
May 31 2011 | Posted in Mortgage Q&A's | Read More »