Mortgage Loans Archives ⋆ Page 9 Of 24 ⋆ Boston Condos For Sale Ford Realty

Congress votes to raise conforming loan limits

The President and Congress seem prepared to act to infuse the US economy with much needed liquidity. First up, rebates. Yay. I’m spending mine, are you? In fact, I’ve already spent mine. Have you? Second up, raising conforming loan limits. You’ve...

Columnist: Bostonians keep it simple

mortgage loans

Yesterday, mega-superstar columnist Holden Lewis held an online chat with readers of Boston.com. Holden writes the popular and important blog, Mortgage Matters, on Bankrate.com. The transcript of the chat can be found on Boston.com. Here’s Holden’s initial...

Mortgage loan amortization schedule

Boston real estate - buying a home, mortgage loans

Wondering what your monthly mortgage loan payment will be? There’s an easy way to figure it out, that doesn’t involve an Excel spreadsheet. Here it is: rate per thousand 4.000 4.77 4.125 4.85 4.250 4.92 4.375 4.99 4.500 5.07 4.625 5.14 4.750 5.22 4.875...

NAR asks Congress to raise conforming loan limit … or else!

mortgage loans

The National Association of Realtors would really like the housing boom to continue. Sure, that’s in their own self-interest. But, they have bigger fears now, I think. They fear (don’t we all) that the US is in or is going into a recession. They have a...

How to lower your mortgage loan payment

mortgage loans

Happy 2008. If you already own your home and are making payments (what, you haven’t defaulted? what’s wrong with you?), you might wonder, what will happen if I make an extra payment toward the principal balance? Answer is, it varies, depending on the top...

Are most mortgage loans these days “non-recourse”?

mortgage loans

Mortgage lenders: Are most loans made these days “non-recourse”? I guess I assumed almost all of them are. Never really thought about it. With a non-recourse loan, if you decide to stop paying your home loan, you can pretty much walk away, your loan is...