Price Lock Fundamentals: What Everybody Ought to Know
What’s a price lock? In line with the Client’s Information to Mortgage Lock-ins, a price lock is a lender’s promise to carry a sure rate...
Mortgages
Is a Second Mortgage a Good Thought?
With a view to decide the professionals and cons of a second mortgage, let’s first clarify what it’s. A second mortgage on a house is...
Sub-Prime Mortgages: An Explanation
A sub-prime mortgage is that which is given to homeowners who have less than a stellar credit rating. For example, someone with a FICO score...
Mortgages Explained
There are several types of mortgages that are available, notwithstanding the sub-prime mortgage crisis and its effect on homeowners. 1. Fixed rate mortgage – This...
Find the Right Mortgage for You
In this current economic situation, one problem that is still ongoing is the housing foreclosure crisis. Foreclosures are increasing every month, and experts expect that...