Is a Debt Consolidation Home Equity Loan Right for You?
November 2, 2012
in Mortgage Loans Tagged consolidation, debt, equity, interest, loan, loans, mortgage, rates, refinance, refinancingMaybe you’ve indulged in impulse shopping one too many times or actually found yourself in an emergency where paying with a credit card was the only option. Either way, if you’re a homeowner who is struggling to pay those monthly bills, debt consolidation could make sense for you. Homeowners who have equity in their homes […]
How to Find the Lowest Home Refinance Rates in California
October 9, 2011
in Mortgage Interest Rates, Regional Real Estate Tips Tagged california, mortgage interest rate, refinanceThe housing market depression has dealt one of its worst blows to California, a state once known as a real estate market paradise. California today leads the country with the largest number of underwater homes, according to the San Francisco Chronicle. An astounding 2 million homeowners are struggling with negative equity on their properties, and […]
Will Mortgage Interest Rates Drop?
It’s a great time to be shopping for a home. There’s an abundant supply of products to choose from, and unbelievable mortgage interest rates that keep slipping, making potential homeowners smile. According to mortgage giant Freddie Mac, for the week ended Sept. 8, the average 30-year-fixed-rate mortgage dropped to 4.12 percent, the lowest in the […]
Struggling Economy Drives Low Mortgage Loan Interest Rates
September 9, 2011
in Mortgage Interest Rates, This Week in Real Estate Tagged housing market, mortgage interest rate, real estate market, refinanceDespite the pall and gloom surrounding the nation’s real estate market, there are pockets across the country showing some recovery signs. A new economic index released by the National Association of Home Builders measuring improvement in areas such as housing permits, employment and housing prices for at least six months found a string of cities […]