You are facing the biggest dilemma you’ve ever gotten yourself into -- foreclosure. What started as an investment in the form of a house is now at the risk of going down the drain. Before you lose everything you have worked hard for, here are financing opportunities to help you save your Read more
The Complex World of Down payments, Decoded
A survey by Genworth Mortgage Insurance found out that homeownership apprehension is greatly caused by down payment misconception. Many believe that the 20 percent down is an absolute when getting a loan. The 20 percent down isn’t mandatory, but why does it exist? Let’s take it back a few decades Read more
Pending Home Sales Surge As Demands Heat up
Spring is coming. This means spring selling season is here.And while this not something unusual, this year, the demands are higher than usual. According to the National Association of Realtors (NAR), this demand has surged nationwide.The many years of uninterrupted job growth may cause this Read more
Collection Accounts: Why Their Removal Matters
At least for certain consumers whose collection agency has adopted a more lenient credit reporting policy, they’d see less of their collection accounts on their credit reports. Still, for the rest, there are years to count for the complete removal of one collection account. An account in collection Read more
What Streamlined Refi Programs are Currently Available?
Rates have been on a steady hike after the historic US elections but Freddie Mac’s PMMS® results last week could just be the right signal for homebuyers and refinancers to lock in on rates. Not that it’s really necessary. With today’s record-low rates, and borrower-friendly mortgage programs, there Read more
