Tag Archive

Obama Home Mortgage Plan – Making Home Affordable For Houston Homeowners To Refinance At Lower Rate

By House Mortgages

President Obama recently launched the "Making Homes Affordable" plan. As part of the plan, the two largest holders of residential home loan in the country, government agencies FNMA and FHLMC, announced refinancing plans that will make it easier for a homeowner to refinance their home loan at today's low rates. »

Current Mortgages Rates – How the U.S. Federal Reserve Lost Control

By Mortgage Advisor

It is this very competition between the price of Treasury bonds and mortgages on the securities markets that most impacts the thirty-year mortgage rate. The Federal Reserve had lost all ability to influence mortgage rates. »

Refinancing Mortgage After Bankruptcy

By Mortgage Advisor

Refinancing after bankruptcy helps you to restore your credit profile. You can refinance your existing debts with a home equity loan that is often offered at a better rate than the other kinds of credit. Use of such credit for refinancing will help you to maintain a good payment history. With a refinance loan... »

Refinance Home Mortgage

By Mortgage Advisor

Fortunately, home mortgage loans can be refinanced whenever you like. Some lenders suggest allowing the loan to mature at least 12 months. However, if you detect a change in market trends, refinancing shortly after purchasing your home is a smart maneuver. Those contemplating refinancing must be prepared to pay additional closing fees. Moreover,... »

Fixed Rates Mortgage

By Mortgage Advisor

A fixed rates mortgage features set rates, long term low monthly payments, and low risk. Interest rates are determined during your loan application process. Rates are set by the market. You can also lower your interest rate by paying points up front. This option only makes sense if you stay in your home for... »

House Mortgage

By Mortgage Advisor

There is an important element that exists in most home sales and that is the mortgage. Whenever you purchase a home and you don’t pay the full price in cash, you have to obtain financing. This type of financing is a mortgage. When you take out a mortgage you are using the property as... »