Mortgage loan amortization schedule
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!
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
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 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...Congress makes it easier to borrow money
Congress passed two laws on Tuesday. One makes homebuying more affordable, the other helps out those who are losing their homes to foreclosure. * The Mortgage Forgiveness Debt Relief Act of 2007. This legislation waives taxes by creating a three-year exception for...Condo Listings by Neighborhood
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