Mortgage Calculators Can Help You With Valuable Mortgage Calculations

Mortgage calculators can offer you with useful loan mortgage calculations. A high-quality loan calculator will allow you to make well-informed decision on your mortgage loan whether you plan to purchase a new home, thinking about refinancing a present mortgage loan or just want to be familiar with what your mortgage loan alternatives are. It is extremely significant to take crucial mortgage loan decisions on accurate calculations. Nearly all loan calculators will allow you to achieve that. [more...]

Date: 2009-09-29 18:15:56

Blog posts (140) | Videos (209)
 

Applying Online For Bad Credit Loans

Applying Online For Bad Credit Loans by Chuck LageBad credit is something that most of us have to deal with today. At some point in life you may end up running into some trouble that requires some extra money. Those who have bad credit scores are now able to get the cash that they need without a lot of hassle. Bad credit loans have recently been introduced and there are a few things that you need before you get started. [more...]

Date: 2009-09-27 13:04:19

Review of 2008 Economic Predictions

Here we go… My overall assessment is that: a) All major directions were right in this prediction b) Where I was wrong, I was either too early and (amazingly) too optimistic. It has hard to realize how long ago in financial terms Jan 2008 was. As you read these predictions, they look almost mild, yet in January 2008, [more...]

Date: 2009-01-14 13:48:45

Homeschool away from home?

As crazy as that sounds, I am seriously considering this as an option for my almost 13 year old son ... to pay it off faster. We want to be 100% out of debt. This means we are seriously pinching our pennies ... are just considered his territory. No one else chooses them. Also, he gets his schoolwork done very quickly [more...]

Date: 2009-01-15 16:41:22

A commercial real estate bailout?

It is possible (subscription required). I am not happy about this but the tone of this piece will be more analytical than editorial ... this year for two reasons. First, rising default rates on commercial mortgage-backed securities due ... commonplace between 2004 and 2007. The second and more significant reason is that outstanding mortgage [more...]

Date: 2009-01-13 15:26:00

Recent Bankruptcy? It’s Not Impossible to Obtain a Home Loan

Because the new bankruptcy laws go into effect on October 17, 2005, more Americans than ever are filing for relief using the federal bankruptcy laws ... discharge. Ironically, some those that would not previously qualify for a mortgage do qualify after ... payments. The DTI* (debt-to-income) ratio of this person is 81.25%. Since his credit score is low [more...]

Date: 2009-01-15 00:11:26

The Brakes Are Not Working In California

The LA Times reports from California. “A record 10% of the nation’s mortgage-burdened homeowners fell behind on their loan payments or were in foreclosure during the third quarter, according to a survey released Friday by the Mortgage ... driven by these job loss factors,’ said Jay Brinkmann, chief economist for the Mortgage Bankers [more...]

Date: 2008-12-06 18:15:59

Debt Consolidation Refi Loans Eliminate Debt With A Mortgage …

By choosing brilliantly to refinance your existing mortgage sometimes loan, you a will of steel make up ideal a rookie sometimes loan act for the past. Aside fm. More: Debt Consolidation Refi Loans Eliminate Debt With A Mortgage … This entry was posted on Sunday, September 27th, 2009 at 8:55 pm and is filed under mortgage. You can feed this entry. You can leave a response, or trackback from your own site. [more...]

Date: 2009-09-28 01:55:13

The Daily Dozen

Is government spending too easy an answer? I think so.The incredible shrinking inauguration crowd ... announcements.With interest rates a 37-year low, should you refinance your mortgage? In a word -- yes.7 ... this for a while now. If the government had not been subsidizing housing through mortgage tax breaks [more...]

Date: 2009-01-12 13:16:00

Government Intervention in Foreclosure

This is Part Four of a series of articles on foreclosures. This article does not constitute legal advice. Foreclosure laws vary from state to state. Homeowners in financial distress should always hire legal counsel. Call your local state bar association for a referral.  Reduced or free legal aid may be available in some states [more...]

Date: 2009-01-07 07:00:13

Weighted Average Cost of Capital Doesn't Include Everything

Or: Figures don't lie, but Liars Sure do Figure! We've got a lot of people with loans in the low fives, interest rate wise, ... : $350,000 first at 5.25% $100,000 second at 8.5% $50,000 consumer debt at 12% This person then used ... that there's enough equity in the property to absorb the full amount of excess debt without PMI. Robert [more...]

Date: 2009-01-11 17:50:23

Treasury Secretary Paulson: The Man Without a Plan

Treasury Secretary Paulson: The Man Without a Plan By The Editorial Board “The most important thing we can do to mitigate foreclosures and ... mortgage rates may also make it easier for some homeowners to refinance. But the people most at risk ... progress though the housing correction is to reduce the cost of mortgage finance, so more families [more...]

Date: 2008-12-03 17:38:53

Pay Me My Money Down

Pay Me My Money Down—Bruce Springsteen In a healthy real estate market, people only take on as much debt as they can afford, and they work to pay it off as quickly as possible. Debt is something to be retired not endlessly ... ways: Speculation. Inflation. Debt Retirement. Types of Equity A truth that everyone [more...]

Date: 2009-01-08 20:30:56

Financial Forecast for 2009, Considering Resource Limitations

In this post, I consider some major issues contributing to our current financial problems, before making a financial forecast for 2009. These are 1 ... from the bottom: Layer 1. Household Debt (Mortgages, auto loans, credit card debt, student loans ... debt-based financial system operating. 3. Where we are now, and the role reduced resources [more...]

Date: 2009-01-06 15:10:32

Credit Score Checkup

Earlier this year I checked my credit report and score with one of the big three reporting bureaus. My score at the time was a 696 ... s one reason why I’m so motivated to bring my debt down. In 1 or 2 more years I want to refinance my 7/1 ARM ... faith phone call to collect the debt. I had no idea I was being billed and it’s not my fault [more...]

Date: 2008-12-11 15:48:31

The Home That Was To Be Their Nest Egg

ABC 7 News reports from California. “Monday was just another day at Marsh Creek Elementary in Brentwood ... , his business decreased and his mortgage reset, doubling from $1,800 to nearly $3,600. He’s sure ... what officials say is a ‘bold economic recovery plan’ to address area foreclosures and the mortgage [more...]

Date: 2008-12-03 18:28:57

After 2 Weeks of Large Increase Mortgage Rates Fall Again

Author : Ki Gray So for the previous two weeks we saw sizable gains in mortgage rates Between May 28th and June 11th 30 year mortgage rates jumped from 4 91 to 5 59 This week we saw rates drop down to 5 38 Although we are still above what we were at two weeks ago it's nice to see mortgage rates moving back down The other major mortgage products all went down as well The 15 year dropped from 5 06 to 4 89 The 5 and 1 year arms dropped from 5 17 to 4 97 (5 year arm) and 5 04 to 4 95 (1 [more...]

Date: 2009-09-29 00:25:03

The Value of Reliable Information

At the Free Exchange Greenspan Roundtable: The Value of Reliable Information, by Mark Thoma, Greenspan Roundtable, The Economist: ... of the problems in financial markets than I think is warranted. Thus, rather than advocating robust solutions ... insurance and to enhance interbank liquidity by guaranteeing debt. Another emphasizes the importance [more...]

Date: 2008-12-22 20:24:00

Retirement Investing During Deflation

 If a recession becomes severe, dollars may suffer from deflation rather than inflation ... by reducing payments or restructuring.   As deflation sets in you’re paying off debt ... in value (real estate, stocks, etc).   Most retirees have no job to lose. They’re living off Social [more...]

Date: 2009-01-14 17:25:11

The Consequences Of Devil-May-Care Lending

The Des Moines Register reports from Iowa. “Deb Baker believes she’s one of about 31, ... go to existing homeowners and pitch debt consolidation financing’ with the promise of helping homeowners save ... all of that debt into the mortgage. So, these brokers would align themselves with unscrupulous [more...]

Date: 2008-12-08 15:54:59

Stopping Home Foreclosure

A Foreclosure Prevention Service has numerous ways it can help you deal with the foreclosure process ... when homeowner makes satisfactory arrangements to bring the overdue mortgage payments current. Loan ... time. Mortgage Refinancing: In most cases, once foreclosure has started, homeowner [more...]

Date: 2009-01-15 04:37:09

Learn More About Refinance Mortgage Loan

by John Bear Everyone knows that comparing lenders can help you find the best refinancing deal, but those numbers can get confusing, especially when you are comparing lenders. You should investigate rates, fees, and points. Remember too that just because a mortgage company has the lowest rates, it doesn’t mean [more...]

Date: 2009-01-15 00:14:51

Refinance Mortgage Loan Guide

by John Bear Everyone knows that comparing lenders can help you find the best refinancing deal, but those numbers can get confusing, especially when you are comparing lenders. You should investigate rates, fees, and points. Remember too that just because a mortgage company has the lowest rates, it doesn’t mean [more...]

Date: 2009-01-15 00:23:29

Economic Potpourri December 14, 2008

The barrage of noteworthy economic news continues unabated. Here are a few headline news reports of interest from the past couple days ... of U.S. government debt outstanding rose to $10.7 trillion in November from $9.15 trillion a year earlier ... people continue to flock to the U.S. government debt market because it’s the biggest and deepest [more...]

Date: 2008-12-15 02:30:00

"Effective Nationalization of the Mortgage Finance Sector"

James Kwak says it's likely that the new administration will get behind the Hubbard and Mayer plan to have Fannie and Freddie buy mortgages and refinance them at 4.5%: We Have a Winner?, by James Kwak: After seeing dozens of mortgage ... are mainly a function of real mortgage rates. While they acknowledge that other factors took over [more...]

Date: 2008-12-21 18:17:00

No Help for Middle class Americans. Can we get help sooner than later?.

After a year of failed efforts, Congress and the new administration are considering more aggressive measures, including a possible change to bankruptcy law. Homeowner relief could come as part of a new ... for foreclosure relief. Congress and the incoming administration are taking a multipronged approach [more...]

Date: 2009-01-14 21:32:00

Anatomy of a Mall Empire

Talk about maturity mismatch, buried inside the Journal’s story about the fall of the Bucksbaum mall empire, General Growth, ... of new debt-trading markets. In the mid-1990s, lenders started slicing up commercial mortgages and selling them to multiple investors as bonds. The boom in trading made mortgage-backed debt much [more...]

Date: 2008-12-09 16:05:39

TARP is in the headlines again!

Financial markets are still stressed. And given that Secretary Paulson has already appropriated TARP funds in excess of the first $350 billion, it is not surprising that Pres. Bush is drafting up a request for Congress to release the final $350 billion in TARP monies (with an interesting political tie to Obama) [more...]

Date: 2009-01-11 19:04:08

Fed Watch: A Step Towards Explicit Quantitative Easing

Tim Duy thinks about where the Fed is headed next: A Step Towards Explicit Quantitative Easing, by Tim Duy: Dull times these are not – Monday was another whirlwind that culminated with another steep drop in equity markets, despite clear indications that Bernanke & Co. are ready for a broader campaign of quantitative easing [more...]

Date: 2008-12-02 07:12:43

Free Helpful Advice - Can The Hope For Home Ownership Relief Act Really Help Homeowners Avoid Foreclosure?

My take on this bill is that it will be a another government run fiasco ... be at least 31 percent; * They cannot afford their current loan; * They did not intentionally miss ... the new program include: * 30-year, fixed rate mortgage; * Maximum 90 percent loan-to-value ratio [more...]

Date: 2009-01-15 07:36:03

Who Must Manage the Bailouts

The government has taken extraordinary measures to keep this economy that most people have thought was capitalist and dominated by a free market ... on essentially by a huge accumulation of debt accompanied by mindless consumption.” Chairman Ben [more...]

Date: 2008-12-27 08:00:00

Refinance Mortgage Rates ? Find Out How You Can Get the Best Refinance Mortgage Rates

These days there can a loan can be availed for any reason; it can be taken to buy a house, land and property and even to pay off a majority of debts These debts can be in the form of debt consolidation, switching mortgage type, big expenses, relocation, business investment, health, marriage, loss in business and any other expense [more...]

Date: 2009-09-29 07:12:52

The Case for Doing Nothing About Foreclosures

Should we do nothing about the foreclosure machine? That’s the argument today from Lex at the Financial Times ... -A mortgage delinquency numbers has been the $100bn worth of Federal tax rebate cheques distributed ... - the Countrywide solution - usually leads pretty quickly to failure, but reducing the amount of debt [more...]

Date: 2008-12-10 14:30:58

Comment Spam Fighting Technique

Comment Spam when looked from slightly different perspective can be an indicator of your blog popularity! So I guess we all should rejoice when our SPAM queue filled with dozens of comments from spam-bots. Luckily that is easily killed by simply taking advantage of the options provided by Akismet [more...]

Date: 2008-12-18 12:40:31

Okay NDP. Listen up: “Debt is the pariah in the new economic order”

There was a good article in Saturday’s Globe by industry player (read: not a lame reporter) Tom Bradley entitled “Debt is the pariah in the new economic order”. This is a reality that all Canadians, especially policy makers need to understand.Interest on debt, like distributions on income [more...]

Date: 2009-01-14 16:01:00

Fed Watch: Short Takes for January 11, 2009

Tim Duy: Short Takes for January 11, 2009, by Tim Duy: I am running low on time these first few weeks of the term. Bits and pieces of things I am worried about: On the employment situation report: Mark catalogued links to a host of insightful commentary that pours over the details of this decidedly negative report [more...]

Date: 2009-01-12 08:15:24

Highlands/CSF merger includes refinancing bond debt

It’s official. New Mexico Highlands University will take over the College of Santa Fe ... s vice president of finance. NMHU, which will help refinance that debt, has many of the same ... the deal, there is:  • An agreement for both schools to cooperate in refinancing the college’s debt [more...]

Date: 2009-01-08 01:41:09

Ask the Readers: When Does It Make Sense to Refinance a Mortgage?

So much for vacation. I just can’t keep myself away from you guys! ... are at a 37-year low. A 30-year fixed-rate mortgage averages about 5.28% right now. I don’t usually pay much ... loan), but our current mortgage is in a kind of phantom zone: We have a $207,000 balance at 6.25 [more...]

Date: 2008-12-19 13:00:18

January 10 2009: Hornswoggled Absquatulation

Russell Lee Tobaccy Candy 1940 Pool hall, Shasta County, California Ilargi: The revolving doors between Washington and Wall Street are swinging like never before. Lawrence Summers and Robert Rubin are the finance powerhouses in the upcoming Obama administration. They were in the exact same place 10 years ago [more...]

Date: 2009-01-10 16:28:00

Second Trust Deeds and Loan Subordination

When you have more than one loan on your property, there are some issues you should be aware of. Keep in mind the fact that some states still use the mortgage system, requiring court action ... I have never done significant work in a mortgage state so there may be small but significant [more...]

Date: 2008-12-13 17:12:59

Useful Advice - Can The Hope For Home Ownership Relief Act Really Help Homeowners Avoid Foreclosure?

My view on this bill is that it will be a dismal failure ... must be at least 31 percent; * They cannot afford their current loan; * They did not intentionally miss ... program include: * 30-year, fixed rate mortgage; * Maximum 90 percent loan-to-value ratio [more...]

Date: 2009-01-15 16:06:21

Refinance Home Mortgage Bad Credit – You Can Do A Poor Credit…

In the long run, if you get a Refinance Home Mortgage Bad Credit loan it may not only decrease your monthly mortgage payment, save your home, but it can also help you get out of debt. The good thing is you can do most of your research on the Internet. Now is time to take action and do your research! Continue reading here: Refinance Home Mortgage Bad Credit – You Can Do A Poor Credit… [more...]

Date: 2009-09-28 18:42:49

Refinancing When You Owe More Than The Home Is Worth

I've been looking around for an answer to this but my searches haven't returned anything useful ... now, that's 50% equity even if you didn't have a down payment. So people who bought for $180,000 were refinancing ... $225,000, that's one loan at 6.25%, with a payment of $1089.82. This cuts $86.49 off the monthly [more...]

Date: 2009-01-08 09:54:12

Mortgage Rates, Scary Jobs Details, Investing in 2009, Russian Gas Dispute, and More!

by Addison Wiggin & Ian Mathias Mortgage rates plunge to record lows… but are they at the bottom? Overlooked details from Friday’s jobs news… troubling signs from retail and energy sectors Rob Parenteau charts a different way to view the S&P… could the worst be over? [more...]

Date: 2009-01-08 01:36:29

The New Wave for the Baby Boomer and the Senior!

The New wave for the Baby Boomer and the Senior! Now that the baby boomers oldest has hit 62 years of age it is becoming increasingly more obvious ... all of the time in the Reverse Mortgage industry is as follows in order. 1. What is going to happen ... today. If you are going to leave something behind why not try to not leave debt that has to be paid [more...]

Date: 2009-01-09 03:00:05

Personal Finance Money Tips Q&A #1

This is the first post of the regular questions and answers series. If you have any question, please try our forum. If you are concern about private information, you can contact me using the contact form. Please note that you agree that our email may be published here (without disclosing identity) [more...]

Date: 2009-01-08 23:00:50

November Reporting Roundup

Let’s take some time to check out the local press’ reaction to the undeniably slow NWMLS housing market statistics for October ... their payments or arranging repayments at lower interest rates (but not focusing on debt forgiveness [more...]

Date: 2008-12-05 18:57:16

Refinancing Your Property with Less Income Then You Had When You Bought

Hello, When my husband and I bought our home 2.5 years ago (two bedroom condo) we qualified for the loan ($250,000) based on both our incomes. Then I had a baby and stopped working. We've never missed a payment or even been late, and we're getting by just fine by being frugal [more...]

Date: 2009-01-12 14:37:32

Mortgage Rates

Mortgage rates are slightly improved from last Friday’s rates by about 0 ... with the Fed’s move to purchase mortgage backed securities and agency debt…the question is to homeowners, what rate will it take for you to refinance and/or is there a mortgage rate low enough that would [more...]

Date: 2008-12-19 18:21:45

Effective Immediately - No Refi’s For Borrowers with Modified Loans

1/5/09 - EFFECTIVE IMMEDIATELY - Modified Loans are Ineligible For Fannie/Freddie Refi’s, while FHA MAY Be Eligible ... , resulting in either absolute forgiveness of debt or restructuring the debt through either ... of the original mortgage debt to a “soft” subordinate mortgage; or Conversion of any portion [more...]

Date: 2009-01-12 17:52:15

51 - 100 of 140 Posts
Page: First | < Preceding | Next >
0 | 1 | 2