Do you think the mortgage rates will lower or keep climbing in the near future?
I got a 2 year fixed loan almost two years ago on my mortgage with money out to clean up credit so I could get a better rate but the rates have rose even higher. Should I lock in now or wait 5 months I have left to see what happens?
The average* [...]
Can anyone explain the points system in refinancing a mortgage?
I understand loan officers charge certain amount of points to do the loan, and i know a buyer can purchase discount points. But why do they have those points and why do they sometimes charge points out the back? and how does their amount of points help the Loan officers profit or commission?
i would really [...]
What is my potential liability as a co-signer of the second mortgage, but not the first, on a foreclosed house?
There will not be enough money left over for the Second Mortgage. Will they just place a lien on the house and leave me alone? or will they go after my wages and credit?
They will get a judgment which will go on your credit. Being a co-signer you have as much liability as [...]
How are sub prime loans, the US mortgage situation, the credit crunch , and Northern Rock related?
How are sub prime loans, the US mortgage situation, the credit crunch , Northern Rock and the loss of city jobs related ?why is this all very important? and what does this say about the state of the economy?
All of these are related through generous and risky lending practices.
In the competitive US mortgage lending market, [...]
Any recommedations on a bank which will give a good rate for home mortgage ? With excellent FICO?
Any recommendations as what banks are good in giving a good rates in Home Mortgages ?
- i have excellent fico
- 25% down payment
- no debts currently
You can call around to compare interest rates and discount points but you may be in a position to get an even better deal in person. You can be prequalified [...]
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Mortgage Refinancing Scams: It's all in the Advertising
This video is from our series of educational resource videos designed to help you handle your finances and learn how to be a more well informed consumer. Christian Credit Counselors is a non-profit credit & debt management company that is dedicated to helping you get out of debt. Contact us on the web [...]
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Duration : 37 sec
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Save your home from foreclosure! Compass Loan Mediation FAQ2
Compass Loan Mediation is an attorney-guided mortgage mediation company that can help you save your home from foreclosure! Please watch our FAQ videos and visit our website at www.compassloanmediation.com for more information
Duration : 37 sec
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