The Foreclosure Process

October 21, 2008 · Posted in Mortgages · Comment 

If you are faced with the dismal prospect of losing your home, you will want to take any action necessary to keep yourself from becoming homeless. To fight a foreclosure, it is vital to understand how the process works. As the process of foreclosure varies from state to state, homeowners need to be aware of [...]

Refinancing a Mortgage

October 13, 2008 · Posted in Mortgages · Comment 

When you think about refinancing a mortgage, you probably want to do this to lower your interest rates, which should reduce your monthly mortgage payments. As with anything, there are good points and bad points to refinancing your mortgage. Essentially, when you refinance your mortgage, you are paying off your current mortgage by taking out [...]

Subprime Mortgage Crisis: The Short Explanation

October 2, 2008 · Posted in Finance, Mortgages · Comment 

Unless you live under a rock (in which case you are likely not affected anyway, so go back under there and be safe), you have heard of the economic crisis the United States is currently experiencing. This crisis is shaping up to be the worst thing we have seen since the market crash in the [...]