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pro : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "pro"

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Is Now The Time to Rent?

At a time when home values are soaring in most metro areas, along comes The New York Times with the thought that renting may well be a better financial choice than buying. The Times says that “after five years in which rents have barely budged while house prices in New York, Washington, Los Angeles and [...]

19Sep2008 | | 0 comments | Continued
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How And Why To Prepay Your Mortgage

One of the best ways to have more cash, retire early, and enjoy debt-free living is to prepay your mortgage, an option which even lenders increasingly applaud. For financial reasons and as a matter of personal preference, many people favor a home with less debt. Why wait 30 years to be mortgage-free, they reason, when [...]

11Sep2008 | | 0 comments | Continued
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Are All Bi-Weekly Mortgage Programs The Same?

No. Bi-weekly programs can be divided into two groups: those programs operated by lenders and those programs operated by folks who are not lenders. Third-party non-lenders collect payments bi-weekly and then make payments to the original lenders. This is something that any borrower not facing pre-payment penalties can do without paying several hundred dollars up [...]

30Aug2008 | | 0 comments | Continued