The population of the United States is around 300,000,000 people. Why is this important in the discussion of how to get a mortgage with bad credit? Bad credit is embarrassing! It helps to know that of the 300,000,000 people in the USA, 110,000,000 of them have suffered bad credit. Yes, that’s around one third [...]

If you’re not an avid business or real estate news reader, you’re probably unaware of the current lowest mortgage rates in the USA. Simply typing in mortgage interest rates USA gives you a bevy of sites to choose from (most notably bankrate.com), but what does that tell you about what’s available for you in terms [...]

Understanding the lending process with regards to mortgage loans is a confusing and frustrating process. First the terminology is vast and second the interest rates and terms vary by lender. The terminology is probably the hardest to understand and the rates by far the hardest thing from which to choose. Lenders sometimes give “cheat sheets” [...]

The best part about economic tough times is that the prime rate usually falls so low that it’s a great time to refinance your mortgage. Economic booms are a great time to sell, but when it comes to getting the lowest mortgage refinance rates, the economic recession is the way to go. While the prime [...]

Thinking about getting a second mortgage with no equity in your home? Think again! The perils of getting a 2nd mortgage with no equity are many, but the most significant is home property is never stable. A home can rise and fall with value and ninety percent of the time, you’ll have no direct influence [...]

When it’s time to buy a house, all the confusion over rates and mortgage styles can really boggle the mind. The terminology is frustrating at best and misleading at worst. Many people assume they save money by getting discounted mortgage rates, but may in fact be getting the rate their credit qualifies them for, or [...]

When it’s time to buy a house, it can be a very exciting experience or a nerve-wracking mess of an experience. The best way to make it as easy as possible is to find out what you need to know before filling out the home mortgage application. There are important factors to consider. For example, [...]

In the current economic market, buying a house has never been better. The predatory lenders aren’t as prevalent as the early 2000’s and with the economy just bouncing back, investing in a house is easier than ever (and cheaper). The prime rate is low, which means it’s a great time to buy a home with [...]