One of the official duties of the new president was to ensure the FHA loan limits would change. With the fall of Fannie Mae and Freddie Mac it has been essential to try and re-stimulate the economy. The stimulus bill has allowed for Fannie Mae and Freddie Mac to guarantee loans at new limits. It [...]
The best way to locate a repo RV is through making contact with a bank or other lending institution. You may face some challenges getting to the right person who can answer your question, but be persistent. Eventually you’ll learn what’s available and whether their auctions are open to anyone. Ideally, you’ll find good bank [...]
Perhaps you’ve heard of it, not many people have. The Mortgage Forgiveness Debt Relief Act allows taxpayers to eliminate up to $2 million of mortgage debt on their principal residence in 2007, 2008 or 2009. Understanding Mortgage Forgiveness Mortgage forgiveness is a familiar term in the real estate market. When a lender will accept less [...]
Did you know you have a car loan credit score that is used by lenders to help you get the next car that you want to buy? Whether you want a new SUV or a compact car, the choice may not actually be yours. Your car loan credit rating may be what determines what you [...]
One of the most asked questions for every home owner in the year of 2009 will be, “where are mortgage rates headed?” Obviously, no one can be 100% confident in making this prediction, but if we look at the recent events in the United States economy, we can at least make an educated guess. Many [...]