Refinancing home mortgages have been gaining popularity among homeowners. While mortgage rates continue to rise, it's not surprising to get tempted to refinance a mortgage at some point. But then this move is only beneficial for certain situations.Before making a decision, it's important to Read more
Archives for August 2017
Taking out a Reverse Mortgage? You Might Want to Read CFPB’s Warning.
The Consumer Financial Protection Bureau (CFPB) gave a warning to consumers aged 62 and older who are considering a reverse mortgage to delay dipping into their Social Security benefits.In a 26-page issue brief dated August 2017, the Bureau determined that: (i) the costs of using a reverse Read more
House Hunting? Here Are 7 Tips That Might Help
Perhaps it's easy to say that house hunting is an exciting part of every home buying journey. This is where you decide what type of house fits your needs and what is well within your budget.Before all that, it's ideal to get pre-qualified for a loan first. Through this, you will get an idea as Read more
LA Program Funds Homeowners Who Shelter the Homeless
California’s homelessness crisis in continuously rising. To address this issue, the City of Los Angeles is coming up with a pilot program to curb the number of homeless people in the county.The program includes providing a handful of homeowners with the necessary funding to build accessory Read more
Here Are Your Top 5 Refinance Options When You Have Bad Credit
What if your bad credit muddles your future refinance prospects? What to do? Although bad credit is not for keeps, it could take a while to get rid of a negative information off your credit report and when you’re taking advantage of lower rates, waiting is clearly not an option. Against this Read more
