Archive for the ‘Mortgages’ Category
Sunday, November 22nd, 2009
The number of reverse mortgages backed by the government jumped nearly 20 percent in March and April alone from the same period in 2008. At a time when seniors have seen their retirement assets depleted by market losses, tapping home equity has been a safety net. But it can be ...
Posted in Mortgages, Retirement Planning, Uncategorized | No Comments »
Saturday, January 5th, 2008
It’s a much different picture renovating a home in 2007 than in 1997. Fueled by huge gains in the price of real estate, homeowners a decade ago were tapping home equity with little care since prices were expected to keep climbing, more than covering the cost of such improvements.
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Posted in Housing, Mortgages | No Comments »
Tuesday, December 4th, 2007
According to a November report by Standard & Poor’s, about half a trillion dollars' worth of adjustable-rate mortgages are due to reset to higher rates in 2008 when their two-year teaser rate periods come to an end.
Even though general interest rates have been headed down recently, you should know ...
Posted in Mortgages | No Comments »
Wednesday, October 31st, 2007
If you’re planning to go into business for yourself in the next year, you need to understand that the subprime lending debacle might have a significant impact on your ability to borrow not only for your business, but for your personal needs as well.
Self-employed people with excellent credit find ...
Posted in Debt Management, Mortgages | No Comments »
Tuesday, March 1st, 2005
Homeowners are unlocking the equity built up in their homes like never before. But before opening the home-equity loan door, be certain you don’t overextend yourself and put your home at risk, caution financial planners.
With home values climbing dramatically in many regions in recent years, homeowners have piled up record ...
Posted in Debt Management, Mortgages | No Comments »
