All Entries Tagged With: "mortgage"
What to Do When You Are Turned Down for a Mortgage
If you are interested in buying real estate but had your application for a home loan rejected, you have options. Plenty of them. Of course you can ask the lending institution why they put the kibosh on your application but they won’t likely tell you the complete story because they are afraid you’ll sue them. [...]
What is Private Mortgage Insurance (PMI) and How Do You Eliminate it?
Buying a home is a major financial decision and one of the most important ones most people will make. Finding a home to purchase is really only the beginning. Unless the buyer has a lot of cash on hand or a lot of liquid assets, they will have to take out a loan and find [...]
Should You Refinance Your Mortgage? Rates Are Low, But It Is Still a Tough Decision
Record Low Mortgage Rates Make Refinancing Attractive Mortgage rates continue to fall to almost unheard of levels. We’re talking about 30-year fixed rate mortgages hovering under 5%, and 15-year rates at just 4%. These rates are sharply lower than just a few years ago. But just how much can you save with a lower mortgage [...]
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