Finance > Home and Mortgage
Single Parent Homeowner
Are you a single parent trying to keep the family home? The bad news is that your not likely to find anyone to offer you a lower rate because you’re a single parent. The good news is that there are some things that you can do to stay in your home.
Summer Cooling
It’s that time of year again. When the temperatures rise and shade is a wonderful relief. What can you do to reduce those cooling bills?
Trouble Getting A Mortgage
One way to find the best potential lenders is to work with a mortgage broker. They should be familiar with the institutions that are most likely to work with you
When Should I Refinance?
You should think twice before you refinance for a mortgage that has a lot of closing costs associated with it. And don’t let the lenders fool you. When you hear “You can roll it all into the loan” amount, that may very well be true. What you don’t hear is the rest of what isn’t said….”and watch all the equity you’ve built up in the past few years go away in the blink of an eye.”
The 125% Mortgage
“Reduce your monthly payments! Save money and be back in control of your debts.” That’s the pitch you hear for second mortgages that allow you to borrow up to 125% of the value of your home. And as more people see their credit card debts creep up, they’re wondering if this type of loan could be the answer to their problems. So let’s take a look at the 125% second mortgage.