Mortgage Loans Archives ⋆ Page 18 Of 24 ⋆ Boston Condos For Sale Ford Realty

FHA loans offer opportunities to those shut out by subprime lending issue

A lot of good people are worrying that they may face foreclosure due to rising interest rates on their loans. These good people may have taken out loans they shouldn’t have – loans that reset at vastly higher interest rates after the first couple of years....

Subprime lending to plunge US economy into a recession

mortgage loans, subprime lending crisis

Did that title catch your attention? We haven’t even seen the tip of the iceberg on this issue, yet, I fear. Once Congress gets involved, there’ll be much more media attention. There was a very good article in today’s New York Times about subprime...

Voila, you’re a mortgage broker

mortgage loans

Want to know what your mortgage loan payment is going to be? Take the purchase price of your new home, figure out how much you’ll be putting down in cash and how much you’ll be borrowing. If the current interest rate is what you see in the left-handed...

Saving us from ourselves

mortgage loans

Here’s the dilemma. People often do things they shouldn’t. They eat fatty foods (hi Terry!). They smoke and drink alcohol (and shoot smack). They watch American Idol instead of playing with their kids or instead of learning more about Iraq. They also tend...

Market suffers, rates drop

mortgage loans

Mortgage loan rates dropped a fair amount this week, which is good if you’re going to be looking to buy. The stock market took a hit, and investors looked to safer places for their money – and it was into US bonds. The mortgage loan rate, which tends to...

Options for elderly looking to cash in on home equity

mortgage loans

The elderly used to hold onto their primary residence, mostly so they could tap into the equity to pay unforeseen medical expenses, I assume. But now, with government-sponsored healthcare, and with more of us setting up 401(k)s and other retirement plans, other...