Being a first time home buyer is an emotional decision. You plan on being in this home for the rest of your life (everybody says that) and starting a family or maybe your single and just want your own place. You have researched homes and found one in your budget that suits your needs. Now you … [Read more...] about Why First Time Home Buyers Should Get A 30 Year Fixed Rate Mortgage
Archives for July 2008
Mortgage companies love it when you tell them you want to escrow your property taxes and homeowners insurance with your mortgage payment. It reassures them that you are paying your property taxes and homeowners insurance every month. As long as you make your monthly mortgage payment there is … [Read more...] about Why You Should Never Escrow Your Property Taxes And Homeowners Insurance
All golfers want to be able to hit the long ball. It is a lot of fun knowing you can walk up to the tee box and out drive your friends by 10, 15, or 30 yards. It lets everybody know that you are a serious golfer. What you do from your second shot to the cup is a different story. Our society … [Read more...] about Golf And The P90X Workout
If you have bad credit and are trying to get approved on a mortgage to buy a house or to refinance your current mortgage than you may run into a few roadblocks. You probably understand that already but fear not. There is still a chance you can get approved. I'll do my best to explain how it can … [Read more...] about How To Get A Mortgage With Bad Credit Scores
Refinancing your mortgage isn't something that is hard to do. And why people refinance really comes down to "why" they want to. That's it. I'll do my best to explain the reasons why people refinance their mortgage and some stories I heard from when I was a mortgage banker. Why? Lower Interest … [Read more...] about Why Refinance Your Mortgage?
Many people who are 50, 60, 70, 80, and even 90 years old feel a 30 year mortgage is not the way for them to go and that a 10 or 15 year fixed rate mortgage is best suited for them. This is a common thought as many feel they should be focusing on paying off the mortgage as soon as possible so … [Read more...] about Why A 50 Year Old Person Should Get A 30 Year Fixed Rate Mortgage