Tag: mortgage

What You Should Know About the Right of Redemption

If you are a homeowner with a mortgage, you might have heard about your right to redemption. For those who have been struggling to make their house payments, this is one route that can be taken to avoid foreclosure.   What is the Right of Redemption? If you own real estate, making mortgage payments can be […]

What You Should Know About the Right of Redemption is a post from Pocket Your Dollars.

What It Feels Like to Be In Debt (And How to Get Out From Beneath It)

The post What It Feels Like to Be In Debt (And How to Get Out From Beneath It) appeared first on Penny Pinchin' Mom.

This is a sponsored post on behalf of Mr. Cooper.  All opinions are my own and were not influenced by any parties. Consumer debt has just hit an all-time high.  It now tops more than $3.8 trillion.  Not million. Not billion.  Trillion. Being in debt can make you feel as if you are completely alone. … Read More about What It Feels Like to Be In Debt (And How to Get Out From Beneath It)

The post What It Feels Like to Be In Debt (And How to Get Out From Beneath It) appeared first on Penny Pinchin' Mom.

Late Payments, Credit Scores and Credit Reports

A missed credit card or loan payment can have a seriously detrimental effect on your credit report. The golden rule of using a credit card is to make your payments on time every time, building a respectable payment history, avoiding debt, and keeping your creditor happy. But what happens when you fall behind with your […]

Late Payments, Credit Scores and Credit Reports is a post from Pocket Your Dollars.

Mortgage Rates vs. Fed Announcements

File this one under “no correlation,” despite a flood of news articles claiming the Fed’s rate cut directly impacts mortgage rates. Today, the Fed cut the federal funds rate by half a percentage point to a range of 1-1.25% due to the uncertainty surrounding the coronavirus, this despite a strong U.S. economy. That sent mortgage [&hellip

The post Mortgage Rates vs. Fed Announcements first appeared on The Truth About Mortgage.

If a Mortgage Lender Reaches Out to You, Reach Out to Other Lenders

A lot of homeowners are looking to refinance their mortgages at the moment. That’s abundantly clear based on the record volume of refis expected this year, per the MBA. And while mortgage rates are in record low territory, thus making the decision to refinance an easy one for most, it still pays to shop around. [&hellip

The post If a Mortgage Lender Reaches Out to You, Reach Out to Other Lenders first appeared on The Truth About Mortgage.

How to Get a Wholesale Mortgage Rate

Mortgage Q&A: “How to get a wholesale mortgage rate?” Wholesale mortgage rates tend to be considerably cheaper than their retail counterparts, though it’s never a guarantee with so many lenders out there these days. To get your hands on one, you need to shop for your home loan with a mortgage broker, who has access [&hellip

The post How to Get a Wholesale Mortgage Rate first appeared on The Truth About Mortgage.

USA Mortgage Review: #1 Mortgage Lender in Missouri?

If you live in the USA and need a mortgage, perhaps you’ve thought about applying at “USA Mortgage.” Makes sense, right? It just so happens that USA Mortgage is located right smack in the middle of our fine country, in St. Louis, Missouri to be exact. Well, that’s pretty darn close to the midpoint… Anyway, [&hellip

The post USA Mortgage Review: #1 Mortgage Lender in Missouri? first appeared on The Truth About Mortgage.

2021 Mortgage Rate Predictions: Mostly Flat But More Record Lows Possible

Yet another year is about to come to an end, and that means it’s time to look ahead to what next year has in store. I think just about everyone wants to see the back of 2020, though it wasn’t all bad news. The housing market actually held up surprisingly well, and mortgage lenders enjoyed [&hellip

The post 2021 Mortgage Rate Predictions: Mostly Flat But More Record Lows Possible first appeared on The Truth About Mortgage.