The language of home refinancing may seem foreign to many homeowners. This article provides definition to many important terms and phrases...
The language of home refinancing may seem foreign to many homeowners. This article provides definition to many important terms and phrases...
View Home Refinancing Guide RSS feedThe language of home refinancing may seem foreign to many homeowners. This article provides definition to many important terms and phrases associated with home refinancing.
Homeowners can choose to refinance their home for a number of reasons. Knowing finance lingo may make a lender take you more seriously, particularly when negotiating terms. It can also help you make sense of the fine print attached to the loan contract. Here are a few of the most common words and phrases associated with home refinancing.
For many first-time homeowners, the excitement of purchasing a home may distract them from examining every detail of their home loan and one detail that many first-time homeowners overlook is the prepayment penalty. Read this article to learn how this penalty can affect the refinancing or selling of your home later on.
This is an open letter addressed to all of the struggling mortgage borrowers (and their lenders) sitting on their haunches waiting for the government to come to their rescue.
U.S. Senate lawmakers have decided to press on with their unethical and irresponsible mortgage bailout bill despite a veto threat from the White House.
The housing crisis is a big issue for many voters. Not surprisingly, John McCain and Barack Obama offer vastly different plans to solve it. Let's see where they stand.
Falling prices are eroding the value of U.S. homes. According to a new Fed report, the equity that Americans have in their homes has dropped to the lowest level on record.
A survey commissioned by a national federation of state and local apartment associations shows that most renters will not be jumping into the U.S. housing market anytime soon. Has renting become the smart decision?
Some politicians are in favor of providing assistance to the millions of homeowners who are facing default as a result of poor decision-making and falling home prices. Others are dead set against it. Let's see where the American people stand.
Small banks and big ones alike are on the verge of bankruptcy, due to all of the bad loans that have been approved over the past few years. Although people tend to assume that their money will be safe even if their banks fail, history has shown that this isn't always the case. Find out if your hard-earned cash is at risk.
When it comes to home prices, location matters. Consider this: a $210,000 home in Atlanta, GA would be worth $1.4 million in Beverly Hills. The same home would be worth $509,000 in Washington D.C. and $207,000 in Phoenix. Find out how much homes might be worth in different cities in this home price comparison.