May 22nd 2013 1:00PM
By Scott Sheldon Securing a mortgage today requires careful consideration of all the figures associated with the transaction. The biggest figures that most homebuyers pay attention to include loan amount, interest rate, closing costs and the one most benign to consumers, the annual percentage rate (APR for short), which... Continue Reading »
Apr 3rd 2013 4:00PM
By Scott Sheldon Consumers shopping for a mortgage tend to be focused on one underlying goal: the lowest possible interest rate. Many have already noticed that rates have crept up in recent weeks as a result of the more exuberant stock market. The consensus is that more consumers who were observing the market movement are... Continue Reading »
Feb 14th 2013 5:45PM
By Kirk Haverkamp When most people start shopping for a mortgage, the first thing they do is look for the lowest interest rate they can find. And that can get them into trouble. A low interest rate can save you money, obviously. But it's only part of the story. If you're not careful, you could easily end up paying... Continue Reading »
Nov 26th 2012 4:50PM
By Les Christie More than 300,000 homeowners have received $26 billion in relief under the big foreclosure abuse settlement reached earlier this year, according to a recent government report. Five of the country's largest mortgage lenders have modified home loans, reduced interest rates or forgiven debt as part of a... Continue Reading »
Nov 6th 2012 3:25PM
By Brian O'Connell Hurricane Sandy is barely a whisper over the North Atlantic right now, but the damage done by the storm will be felt for weeks, and maybe even months, to come. According to the Oakland, Calif.-based economic forecasting firm Eqecat, Sandy will result in anywhere between $30 billion and $50 billion in... Continue Reading »
