Mortgage Help Info

New rules may raise mortgage rate

Mortgage Helper — Mon, 06 Sep 2010 08:00:14 +0000

BANKS may inflict higher mortgage rates on borrowers to offset the costs of new liquidity rules that are tipped to drive up the price of the safest financial assets.

Randy McClain: Record-low mortgage rates spur refinancing

Mortgage Helper — Mon, 06 Sep 2010 08:00:13 +0000

Rock-bottom rates on mortgage loans have ignited another wave of refinancing by consumers in recent weeks, including a lot more folks opting for 15-year fixed loans for the first time.

At least we can now identify the next scam

Mortgage Helper — Mon, 06 Sep 2010 08:00:13 +0000

What just happened? At the time, all we knew was the world economy was about to disappear down the toilet.

Stimulus pumps nearly $5 million into neighborhoods

Mortgage Helper — Mon, 06 Sep 2010 08:00:12 +0000

To see how stimulus dollars are changing neighborhoods in Anderson, drive down Sheridan Street, and the vicinity near Allen Chapel AME Church and Sherman Street Church of God north of Dr.

Underwater mortgages: Saving your home from financial floods

Mortgage Helper — Sun, 05 Sep 2010 07:00:14 +0000

Many local residents have found themselves in underwater mortgages, which means that a homeowner owes more debt on a house than what it’s worth.

Should you pay off your mortgage?

Mortgage Helper — Sun, 05 Sep 2010 07:00:14 +0000

My question is whether or not to pay off my house. It would wipe out my CDs. I have an emergency fund of $2,000. Is this a good idea? I live fine on my Social Security income.

New mortgage-relief plan set for Tuesday launch

Mortgage Helper — Sun, 05 Sep 2010 07:00:13 +0000

The Obama administration on Tuesday will launch its latest efforts to rescue the failing housing market, according to a media report Saturday.

Should you take the fixed rate mortgage bait?

Mortgage Helper — Sun, 05 Sep 2010 07:00:12 +0000

It pays to do the maths before switching from a variable rate mortgage. Will you take the fixed rate bait? Photo: Howard McWilliam If you’re one of the two million people in Britain currently sitting on their lenders’ standard mortgage rate, it can seem as if everyone is trying to tempt you away.

‘I’m so thankful to God:’ Mother, five children win free home in Jackson

Mortgage Helper — Sat, 04 Sep 2010 06:00:29 +0000

Tina Greer, center, cries after learning her family has won the CP Federal Credit Union’s “Wish Upon A Home” giveaway today at the credit union in Jackson.

Personal Finance Daily: Good news for Labor Day drivers: Gas prices drop

Mortgage Helper — Sat, 04 Sep 2010 06:00:29 +0000

Don’t miss these top stories: Driving somewhere this weekend? If so, there’s good news for you at the gas pump.