Mortgage borrowers having to choose between the different types of mortgages face a puzzle, which may be particularly perplexing today.
First, are seniors getting real value in exchange for the high fees? The answer in most cases is "no". Second, can a senior who knows the ropes avoid paying excessive fees? The answer in every case is "yes."
A leisurely conversation-filled dinner with not a single phone on the table. Religion that was welcoming and inviting (and-not-even-a-tiny-bit-divisive). Morning greetings of "Wow, looking good!"
If you have a pet who finds herself on what is commonly referred to as a "restricted" breed list, I am certain you have experienced discrimination against your four-legged family member. Sometimes it doesn't matter how impeccable your credit is or that you are a responsible pet parent with a well-behaved furry family member.
The next time you see someone rambling on the street or asking for money, put yourself in their position. We need to imagine lacking a family, lacking food and lacking simple roofs over our heads. Maybe then, we'll understand and begin showing compassion.
Prospective new homeowners have all sorts of pressing concerns to consider. Strapping the cost of a federal highway spending bill onto their backs by way of artificially inflated loan guarantee fees paid over the life of a 30-year mortgage shouldn't be one of them.
CSH has been working with our partners nationally and in the field to reverse budget caps and cuts imposed by our federal leaders through a process called sequestration (forced confiscation of funds).
In some respects, conditions are more favorable now for HELOC borrowers who meet the standards, which are tougher than they were before the crisis. Lenders now generally want borrowers to have equity of 20% after drawing the maximum amount under the line.
GOBankingRates reviewed housing and lifestyle-related data -- including housing affordability, job growth, home sales, and emerging real estate trends -- to identify the top 11 up-and-coming housing markets for U.S. home buyers.
In the next two months, over 25,000 properties across Detroit will be put up for sale in the nation's largest-ever municipal property auction. In any other city, this would be groundbreaking news but, in Detroit, it hardly budges from the status quo.
On a purchase transaction, there is no financial advantage in closing on any day of the month, as compared to any other day. On a refinance, however, ...
We applaud Santa Clara County and Abode for joining together to pursue the benefits of Pay for Success (PFS) to enhance communities and the well-being of the people they serve.
An advance payment is an interest-free loan to the lender, who holds the borrower's money until such time as a payment comes due. In fact, an advance payment serves no purpose for the borrower.
Every year, thousands flock to the Coachella Valley for its iconic Music and Arts Festival. Just a short twelve-minute drive southeast of the festival location lies a different Coachella -- one not nearly as glamorous. It's actually quite the opposite: filthy, decaying and in need of your help.
There are more than 124 million single Americans, by choice or chance, outnumbering those who are married. Clearly, the vision we have of the nuclear family, living with a white picket fence somewhere in suburbia, is outdated.
Fifty years later, Americans of all races and incomes must look back at the upheaval that started in Watts with new eyes and face the warnings all around us that our progress has not been sufficient, and that we are slipping into racial division that could once again lead to hatred and violence.