Archive for the ‘Mortgage news’ Category

Lender’s mortgage insurance. Do you need it?

Monday, June 16th, 2008

Those who are taking out their first home loan and they haven't saved very much money, will most probably have to pay for lender's mortgage insurance - the amount paid is related directly to the size of one’s deposit. Normally, if you save a deposit of 20% or more, there’s ...

Mortgage Brokers, Bankers, or Loan Officers: Know the Differences

Saturday, April 26th, 2008

When applying for a mortgage loan or mortgage refinance, many people are unable to tell the difference between brokers, bankers, and loan officers. Such differences, however, are important, and may influence the service you’ll get, your costs, and the size of the selection of loan instruments offered. Before you sign a ...

Five tips to Avoid Foreclosure

Friday, March 7th, 2008

The subprime mortgage crisis has made foreclosure a event that occurs quite often. Thousands of homeowners, who can’t afford to pay their mortgages, have found themselves facing the foreclosure process. Their problems are unfortunate, and frequently impossible to avoid. Nevertheless, there are some methods to avoid foreclosure. Read about them ...