Loans Archive

Mortgage rates can either be fixed for the duration of your loan or can be adjustable. An adjustable rate mortgage is a loan that is set up with an interest rate that changes based on …

If you have several outstanding federal student loans and you find yourself struggling to make the minimum payments, you may feel overwhelmed by the debt. Federal student loan consolidation may be a viable option for …

A government sponsored enterprise (GSE) is a federally chartered entity subject to specific government mandated purposes. GSEs existed throughout much of the twentieth century and continue to in the twenty first century to facilitate liquidity …

In the mortgage market today it’s actually easier chose the right mortgage. The reason I say this is that the days of creative loans are largely gone as sub prime loans are now extinct. The …

I read an article recently about a couple who were both devastated that the big bad mortgage company was “expropriating” their home. The woman who was the spokesperson for the family chose the word expropriating …

Student loans are a very good solution for those who cannot afford the studies with high fees. Colleges like Harvard and other renowned colleges definitely do not allow a person if he has a grade …

Indiscriminately adding to your personal debt is never a good thing, but there are times that it makes good sense to apply for a loan. A personal unsecured loan often carries a high percentage rate …

Actually, most short term loans available in the market are priced ridiculously (with lots of hidden charges) such that you end up thinking the companies marketing these loans don’t want to extend them to their …

As of January 1st, 2009 the federal government has changed the minimum down payment requirement for home buyers applying for new FHA  home loans.  The minimum down payment has gone from 3% to 3.5%.  Before …

Private mortgage insurances (also called lenders mortgage insurance) have gained a lot of popularity in America during the last years for people who want to buy a new house. These kinds of insurances protect the …

When considering borrowing money to help pay your educational expenses, you should seriously consider other options such as: grants, college work-study, and other forms of assistance to help you meet your educational expenses. However, if …

Foreclosure is a challenging and stressful situation that no one wants to encounter. However, statistics indicate that in today’s debt-riddled society, home foreclosures are on the rise. With that in mind, it’s wise to understand …

The debate over which benefits the loan holder more, “Refinance or Extra Mortgage Payments”, is a very complex matter. Complex and unless the mortgagee has a good mathematics capabilities very over-whelming. The opinion of this …

We’ve all seen the recent headlines: Record Home Foreclosures! Falling Home Values! While there’s no doubt recent events have changed the housing market significantly, the headlines don’t mention the silver lining for prospective home buyers. …

Buy to let mortgages, how do they work? Buy-to-let mortgages are loans taken out to buy a house an individual intends to rent out. This has become a popular practice as a way of generating …

Is there such a thing as a bad lender? YES! Bad lenders, unfortunately, exist everywhere, but are, to date, particularly poorly regulated in the United States. Sometimes, the people “selling” the loans don’t understand them, …

A free market is a market where buyers and sellers arrange for prices of goods and services. America is such a market. One business that operates inside this market is the business of payday loans. …

Foreclosure – this single word can strike fear into the heart of any person regardless of their status in life. Society tends to think that if a person is facing foreclosure they are deadbeats who …

Looking for the best mortgage rates need not be complicated or difficult. To make it less difficult, first identify the type of loan you are looking and qualify for, then find out what companies or …

Buying a house can be both a wonderfully happy experience but it can also be terrifying too. Most people when buying a home are looking for something specific a certain amount of rooms or a …

Finding the money for the mortgage payment should be every home owner’s first priority when it comes to dealing with monthly outgoings, as the home is far more than just the biggest asset. Once again …

If you’ve already paid off your consumer debt such as credit cards, car loans, and student loans, systematically paying off your home’s mortgage early will provide you greater financial security and eventually more cash flow. …

You may wonder what homeownership has to do with car loans and why would lenders offer special deals on car loans for homeowners. Truth is that homeownership provides a lot of benefits when you apply …

Refinancing your home is an important decision that can have many negative consequences if the timing is not right. If you are considering a refinance, it is very important that you take some items into …

Of course this topic is one where there are differences from country to country. But I think there are not many differences in the basic rules. It depends of many factors how to lock in …

Should the government bailout holders of student loans? I say yes, especially if they went to schools that were the alternative to traditional universities. The kinds of schools that promise you can get your education on …

To refinance a mortgage is a great choice of step if you feel you can obtain a lower interest rate whether it is due to the current market or because your credit profile has changed …

The burden of college debt is pressing down on the shoulders of graduates harder than ever with the added pressures of the recent recession. Paying off debt is a case of forming a good plan …

There are many stories and crisis that doesn’t touch home and affect us as much as other, but this is one of those stories, or should we say a truth, not a story; that does. …

Think carefully before lending money to a friend or relative. You are not a bank, and because of this simple fact the person you loaned the money to may not feel obligated to return it. …