Have you tried to refinance a mortgage with bad credit in order to avoid or stop house foreclosure, only to be denied? You should remain hopeful. Work with a loan broker who specializes in helping people in your situation. (more…)
A capped rate mortgage is a variable rate mortgage which has a fixed upper rate limit. This means that however many rises there are in interest rates over the next 5years the borrower is guaranteed their mortgage rate will never rise above that amount. (more…)
The National Association of Realtors announced today that Existing Home Sales rebounded in July to a 5-month high. The report, which measures the month-over-month sale of previously owned homes, indicated sales of such homes increased 3.1 percent possibly influenced by FHA Loans.
The sale of newly constructed homes in the month of July rose 2.4%, according to a report issued today by the United States Census Bureau. This follows a report issued Tuesday by the National Association of Realtors indicating that July sales of previously owned homes hit a 5-month high.