If you are some of the folks that have not been too terribly impacted by the current economic meltdown, you might still be looking for a property while prices are down. If you are thinking of purchasing your second home, consider purchasing one that may generate revenue for you and your family. A house or [...]

The two most effective steps that homeowners and potential borrowers can take in order to protect themselves from being either victims of or accomplices to mortgage fraud is just common sense and paying attention to details. Always question your mortgage lender about the details of your mortgage loan. Expect an answer that makes sense but [...]

As the economic melt-down continues, people are trying to find more and more ways to make quick and (sometimes) illegal money. If you search the internet, you will see how more and more people who committed fraud are being tracked down. State and Federal Agencies are trying the best they can to prosecute those that [...]

Many people are not aware that the process of getting a new mortgage loan and also how you could get savings through refinancing under low rates needs some expert advice. Because you need to understand the ins and outs as well as the financial terms in mortgage refinancing, you will feel that it is necessary [...]

The 30-year fixed-rate home loan dropped to 5.32% this week from 5.42% last week. Although it is still above the lowest rate early this year which was 4.78%, the interest rate this week is still lower than the last year average rate 6.35%. This is the fifth week in a row that the mortgage rate [...]

From the beginning, reverse mortgage was designed to give cash-strapped seniors a way to get some extra cash. But today’s current financial meltdown with falling home prices, lending rules and also growing instances of fraud could make this kind of loans a very risky option for some borrowers.