Jan 12th 2011 10:45AM
Buying a home is the biggest transaction in most consumers' lives. So why are an increasing number of homebuyers trusting their life savings to online mortgage processing sites? A recent survey by LendingTree.com shows that 21 percent of potential homebuyers use the internet to shop for their mortgage online. Could online... Continue Reading »
Oct 28th 2010 4:07PM
Five years ago, New Jersey homeowner Bill Allard bought a house with a 30-year fixed mortgage at a rate of 5.75 percent. But with mortgage rates now below 5 percent, he's wondering if he should refinance his loan. "I could get a lower rate and my monthly payments will be less, but will I come out ahead in the long run?"... Continue Reading »
Jun 17th 2010 4:10PM
Many homebuyers mistakenly arrive at closing unprepared for a laundry list of closing costs: major and minor fees that are a routine part of any home purchase. This can be because the lender increased fees on lender-controlled aspects of a transaction, or because a buyer chose a third party (appraiser, inspector,... Continue Reading »
