mortgage

Los Angeles Real Estate News: Lemonade Homes Lends a Helping Hand to Homeowners Facing Foreclosure

Lemonade Homes lends a helping hand to homeowners who are in danger of facing foreclosures through their acquisition department, Sell My House Fast - Los Angeles.

Financing a Vacation Home: What You'll Need

More and more Americans are investing their hard-earned money in a vacation home. This type of property is the real estate dream. Imagine owning a property in your favorite place which you can come home to when you need an escape from the pressures of your busy life. As a matter of fact, the phrase "vacation home" alone can make anyone feel excited and giddy.

Mortgage Application Tips: Does Your Existing Student Debt Affect Your Chances At A Home Loan?

Two of the biggest and most major expenses one person can have in his lifetime would have to be home mortgage and college loan. In fact, out of all Americans who go to college, about 60% of them use college loans. Also, a large fraction of all these student loaners still pay off their loans even at their 30%. Surprisingly enough, there are also people who are still paying their student debt even at their 50s.

Home Equity Loan: What It Is And How Do You Pay It Off Quickly

If you have seen the mortgage industry face a meltdown last 2008, it would be understandable if you look at the idea of home equity with a pinch of skepticism. However, if you have not checked your home's value recently, you may be pleasantly surprised to find out that it may have risen significantly. Many parts of the US have actually seen a rise in home values over the past years, and this brings us to the topic of home equity and how you can tap into it.

Mortgage Tips: Rate Locks, What It Is, And How It Works

Interest rates face fluctuation on a regular basis for different reasons, and a change by a few basis points can create a big difference when dealing with a six figured loan transaction. This is where rate locks enters the scene.

Mortgage Price Drops Prior to House Hunting Weekend Sale

Home buyers are in for a treat as rates have dropped prior to "big house hunting weekend."

UK Sees Strong Rise In Buy-to-let Mortgage Activity

There was a 35% increase in home loans advanced to UK buy-to-let investors in November compared to a year earlier, BBC reports.

Denied For A Home Mortgage? Give Loan A Second Chance! Here's Why

Want a new home? Just get a mortgage! Easy, right? Well, not for everyone. Mortgage applications aren't always approved and there are people who learned it the hard way/ If you are one of these people who got rejected for a mortgage, you may want to keep trying, but not without resolving the reasons why you got declined during your first attempt. Here are a few factors that can help you finally succeed in getting a mortgage approval:

Florida and New Jersey Hardest Hit By Foreclosures in 2015

Foreclosure activities were hot in Florida and New Jersey last year. Foreclosure is a word dreaded by many house owners and it has plaguing the United States for a while now.

Home Buying Tips: Choosing Short Sale Real Estate Properties

Potential homebuyers should not rush into a real estate short sale purchase because of the price; other details would need to be considered such as location and resale value.

New Reverse Mortgage Laws Provide Investment Protection

Reverse mortgages have been getting nods from media in the past months as recent laws protecting homeowners and reducing chance of foreclosure or eviction have been passed, Huffington Post reports.

Nationwide Sets Up Online Resource To Guide Intermediaries With New Mortgage Directives

An online resource dedicated to help intermediaries get to grips with the imminent arrival of Mortgage Credit Directive was set up by Nationwide, FT Adviser reports.

Why Mortgage Applications Increased By 21.3%

The decrease in mortgage activity by the end of 2015 was apparently just temporary. According to the Mortgage Bankers Association, the mortgage application volume increased 21.3 percent just last week, as compared to the previous week, which was on "a seasonally adjusted basis."

Growing Tribeca Real Estate Salvages Junk Bonds of New York Law School

As it turns out, putting up New York Law School in Manhattan's Tribeca neighborhood is a good move - the location might just help strengthen the school's future finances.

Real Estate Tips: Can I Afford a Home in 2016?

Considering 2015's market conditions and interest rates, homebuyers may be able to afford a home in 2016 if they make a purchase early in the year.

Common Mortgage Myth Debunk; Interest Rates Changes, Lower Rates Can be Lowered

Getting a mortgage can be a source of one's frustration at times. However, once you know the process, home buyers can set their expectations properly and eliminate some of the problems.

Mortgage Tips: Understanding Fixed Rate Mortgages And Adjustable Rate Mortgages

Comparing loans? Here are two terms you have probably been comparing - 'Fixed Rate Mortgages' and 'Adjustable Rate Mortgages'. Here's a quick and simple comparison between the two loan types:

Home Mortgage Tips: How Long Does It Take To Acquire A Home Loan?

Looking to buy a new home? You might start to wonder how long the mortgage and sale process could take before you can eventually get a new home. Here's the thing, the entire process cannot be completed overnight. But if you put in high levels of effort and you get a professional's assistance, you can definitely shorten the loan application process. Here is the summary of the whole application:

Home Loan Tips: The Lies That Can Ruin Your Chances Of Getting A Mortgage

People's desire to achieve an approved home loan sometimes lead them to dropping some white lies to help them get through the process. It's understandable, but it's wrong, and totally not recommended. If you want the best results, you better tell nothing but the truth about your financial background. Besides, there is always a solution for everyone regardless of your actual financial stability. Sometimes you just gotta get informed, and usually, the worst that can happen is you have to wait a few more time to finally get the loan that you ought to have.

35-year Mortgages Help First-time Buyers Get On Ladder

The UK housing market has seen its first fall in the number of first-time buyers for the last four years with the increase in required deposit to buy a property now above £30,000, The Guardian reports.

AFG: Investor Participation Down To Six-year Low In December Quarter

It's been the lowest level for property lending in the last six years for the final quarter of 2015 according to ASX-listed mortgage broker Australian Finance Group (AFG), Financial Review reports.