Posts with tag mortgage

Want a Mortgage? Avoid These 8 Mistakes

The housing inventory is flush with choices. Interest rates are at record lows. And you're ready to buy a house. There is likely just one thing standing between you and home ownership: Getting a lender to approve your mortgage. Here are eight ways not to sabotage your plans. 1. Don't quit your job or decide to become... Continue Reading »

Buy vs. Rent: Top Tips for Your Big Decision

When Dr. Alexis Roettinger returned last year to Newport, R.I., she knew it was worth it to buy a house. After completing her medical residency in Buffalo, N.Y., she had landed a new job at the local hospital in the seaside city where she grew up. Roettinger, 35, knew she'd be staying a while. To save money for a down... Continue Reading »

Foreclosed Homeowners May Not See Settlement Cash

Will homeowners see a penny of the reimbursements that the government has ordered 16 mortgage lenders to pay? Not likely, foreclosure victims and housing activists say. Under a settlement between regulators and banks announced on Wednesday, an independent review will be conducted of all foreclosures that took place in... Continue Reading »

Refinance Without Closing Costs

With the housing market on the slow path to recovery, many brokers continue to offer low-cost refinances -- a mortgage payment revamping that covers closing costs -- to sweeten the deal for homeowners. According to mortgage broker Kirk Tatom of Dallas-based Tatom Lending, a low-cost refinance also referred to as a... Continue Reading »

Maintaining a Stable Credit Score

These days maintaining a stable credit score is more important than ever. So you try to do everything right. You pay off credit card debt, avoid new loans, close unused credit card accounts, and make sure that you pay all your bills on time. Then you check your credit score, only to find that it fluctuates by as much as... Continue Reading »

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