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How to Determine if it's Time to Refinance
(Palladium Times)
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(ARA) - Who
wouldn't enjoy a break on their monthly mortgage payment? On
the other hand, how can you be sure the timing is right to
refinance ? Are the rates and the current mortgage market the
best indicators? |
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If You Have an Adjustable Rate Mortgage, Why
You Need to Refinance Now (Southwest Daily News)
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(ARA) - When
you signed up for that adjustable rate loan a few years back,
it probably seemed like a deal too good to pass up. But fast
forward to the present, and you're probably starting to get a
little nervous. |
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Choosing an Interest Only Mortgage Option
(Argus Observer)
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(ARA) -
There are so many types of mortgage programs available to home
buyers that it can get difficult to keep them all separate.
One of the latest types of programs that many people are
taking advantage of is the Interest Only Mortgage
option. |
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MORTGAGES AND MORE: Putting a local
perspective on the subprime mortgage crisis (Asheville
Citizen-Times)
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Ever since
we penned our recent column on the crisis in the subprime
mortgage industry, we have been barraged with questions about
possible implications for the real estate market in
Asheville. |
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Subprime Mortgage Bust Forces Families From
Homes (WCBS-TV New York)
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Many
families would never have become homeowners if not for a kind
of mortgage business called subprime lending. It long seemed
like a winning proposition for all parties. Now the costs are
becoming apparent — and they are very unsettling. |
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Borrowers Feel Misled by Home Lenders (AP via
Yahoo! Finance)
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A divorce
led Daniel Peart to refinance his four-bedroom home with a
subprime loan. Like many borrowers with spotty credit, the
self-employed handyman said he agreed to a relatively high
interest rate in exchange for two years of low, fixed
payments. |
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Amid the subprime mortgage bust, a family
finds a house of cards (The York Dispatch)
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THORNTON,
Colo. -- The lights are still on inside Foreclosure No.
A200642668 -- so while there's time, have a look around.
Here's the living room, still covered in the worn blue shag
Angela Sneary always intended to replace with the sheen of
hardwood. |
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Tactics to avoid mortgage default (The
Courier News)
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Trouble
begins with a slow-motion descent toward your first missed
mortgage payment. It's a queasy feeling thousands of
homeowners know too well as their houses slip away. |
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Many borrowers felt misled by subprime
industry's hard sell (The San Francisco Examiner)
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LOS ANGELES
( Map , News ) - A divorce led Daniel Peart to refinance his
four-bedroom home with a subprime loan. |
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Family finds mortgage a house of cards
(Rockford Register Star)
read story
THORNTON,
Colo. —The lights are still on inside Foreclosure No.
A200642668 — so while there's time, have a look
around. |
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