Archive for June, 2009
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The Problem with Reverse Mortgage for Seniors
June 29th, 2009 
Elisheva Wiriaatmadja Senator Claire McCaskill warned senior citizens that reverse mortgages are often accompanied by excessive fees and marketed using overly aggressive tactics. There is currently a growing number of seniors who use reverse mortgage to help fund retirement or pay unexpected medical bills.
Mortgage Refinancing: It’s All About Timing
June 26th, 2009 Elisheva Wiriaatmadja As with any other financial decision you have to make in your life, understanding when to refinance your mortgage makes all the difference. Also, knowing when it is not a good idea to apply for mortgage refinancing will ensure that you will not lose money in all the hullabaloos in the market.
Obama’s “Making Home Affordable” Plan
June 25th, 2009 Elisheva Wiriaatmadja Are you one of the large percentage of Americans that ponder on home mortgage refinance plans? Are you facing foreclosure? In today’s widespread recession issue and problems, you may have lost your job or have had your wage lowered to a point where you find it hard to pay off your debts. Moreover, you are [...]
Finding A Good Mortgage Refinance Company
June 24th, 2009 Elisheva Wiriaatmadja If you are looking for a mortgage company to refinance your mortgage and have been doing your research and have compared the lenders, you may have noticed that the lenders seem to offer identical rate. You may see that all of them are giving you the same calculation on your monthly fees for the same [...]
Four People Who Better Not Apply for Mortgage Refinancing
June 23rd, 2009 Elisheva Wiriaatmadja A few days back I received an email from one of my readers who asks if she should refinance her mortgage right now in June 2009. It is really not a simple question to answer. Besides the current interest rates, there are other things that needs to be considered. I have written a many posts [...]
