Mortgage ProductsApril 1, 2013How To Get A Mortgage For A Condotel Or Non-Warrantable CondoBanks now make loans against non-warrantable condos and condotels. See today's mortgage rates and get approved quickly.
Mortgage ProductsAugust 17, 2009Over The Long-Term, Cash-Out Refis Can Be Cheaper Than Lines Of CreditIt doesn't take an elephant's memory to remember that Prime Rate was 8 percent-plus just 2 years ago. A few years before that, Prime Rate neared 10 percent. These are the facts that the banks aren't selling. Instead, banks and credit unions are dangling low "start rates" as bait and looking for homeowners to bite.
Mortgage ProductsMay 26, 2005Three Common Objections To Interest Only Mortgages, Rebutted Point-By-PointMSN Money recently ran an article stating that interest only loans are bad choices for most borrowers. The headline ran as "Interest-only loans: not magic, usually not smart". Then, the next line: The last interest-only mortgage craze ended with a wave of foreclosures in the Great Depression. Today's interest-only ARMs...