There are many websites that will show you mortgage interest rates from several different lenders, but why do these interest rates differ lender to lender? What does it mean to you, the mortgage consumer? (more…)
With the mortgage rules constantly changing, private or alternative mortgages are becoming the only way some people can refinance or buy a home. When the banks turn borrowers down the next option is to look at “Subprime” lenders. There is a significant misconception applied to this “subprime” market, so let me explain them a bit.
If you have had your home for a few years and have watched it appreciate in value, why not make that equity work for you? (more…)