Home Money Mortgage

Mortgage

A mortgage is a debt instrument, secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a predetermined set of payments. Mortgages are used by individuals and businesses to make large real estate purchases without paying the entire value of the purchase up front.

Strategies For Buying And Selling A Home At The Same Time

If you’re already a homeowner and you’re getting ready to buy a new home, you know it’s tricky to buy and sell a home at the same...

NAHB: Home Builder Confidence Grows After Lowest Level in 3 Years

After two months of declining builder confidence, the National Association of Home Builders Housing Market Index gained two points in January with a reading of 58. Component...

Curing your Christmas Debt Hangover

While you won’t find this expression in a mainstream dictionary, it’s a feeling that’s all too real for anyone who’s overspent at Christmas. A Christmas Debt Hangover...

Selling the New HECM Appraisal Process – Clients Can’t be Gobsmacked

By Dan Hultquist On September 28, 2018, the U.S. Department of Housing and Urban Development (HUD) posted Mortgagee Letter 2018-06 that outlined a regulatory change to the Home...

Newcastle to pay brokers product transfer proc fee

The lender will pay brokers a product transfer process proc fee of 0.20%. Steve Carruthers, head of mortgage distribution at Newcastle Intermediaries, said: “We have been gaining feedback...

Here’s What You Should Know When Buying a Home

If you are thinking about buying a home, it’s a good idea to know your credit score and understand how that score will affect your interest rate...

Happy Martin Luther King, Jr. Day!

Happy Martin Luther King, Jr. Day! Banks and markets are closed today to observe the holiday and we too feel it’s very important to remember this important...
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