Understanding Prime Interest RateThe prime interest rate is what banks charge their best and most creditworthy customers. Also known as the prime lending rate, it is based on the ...
Shorter Mortgages and Lower Interest RatesA trend toward shorter term mortgages was evidenced by the recent Freddie Mac Quarterly Product Transition Report that shows over one third of ...
Calculating Home Equity LoansA handy tool many potential borrowers might find useful is a home equity loan financial calculator that can help them determine their eligibility ...
New Refinance Program in 2012The Federal Housing Administration (FHA) has been very busy over the last year and a half with trying to create new programs designed to assist ...
Benefit From Lower Refinance Rates In 2012U.S. homeowners have been watching mortgage rates fall to historic lows as they ponder just how and when they should react to the situation. The ...
Mortgage Rates Still FallingThe latest numbers from Freddie Mac show that interest rates on both 30- and 15-year fixed-rate mortgages hit record lows as the yields from ...
New Refinance Eligibility Rules Starting March 2012Starting March 15th, a Federal program called the Home Affordable Refinance Program, or HARP, will allow some borrowers who are upside down in their ...
Rates Rents and LoansEven though the interest rates on mortgage loans are at record-setting historic lows right now, many lenders have tightened the screws on their loan ...
Waiting to RefinanceEven though mortgage rates are currently at record lows, it doesn't necessarily mean refinancing your mortgage right now is a great idea. It might ...
Bad Credit and High InterestThe recent housing and foreclosure crisis has had a huge effect on the sub-prime loan market, and many homeowners have ended up with less than great ...
