8 Crazy Good Blogs About Mortgages

Buying a home is a big deal and when you are ready to make that move you want to make sure that you are getting the best mortgage rate possible. A great way to do this is to compare mortgage rates and to get the best mortgage lenders that you can find.

Unlike a conventional loan, an FHA mortgage is backed by the federal government. Simply stated, lenders have some protection offered by the government in the event the homeowners stop making payments. With this protection, FHA approved lenders are able to offer mortgages with enticing rates for people that might not qualify for a Fannie Mae or Freddie Mac home loan.

Despite of the terrible housing bubble, the young generation is still interested in becoming homeowners. Right now, 70% of the young people want to get a house within the next 2-3 years, and nearly 90% expect to do so in the near future. But are you prepared for the challenge?

http://russianriverlandandhome.com/local-russian-river-agent-david-millar-tells-importance-local-lender/ As a local Russian River Agent I know that using a local lender is of the utmost importance in our area. A local lender will have access to local appraisers that are familiar with the area and the homes. Patrick Pennington has been my local lender for years and I know he can get the job done.

There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either your mortgage or your landlord's. As The Joint Center

Last week, an article in the Washington Post discussed a new 'threat' homebuyers will soon be facing: higher mortgage rates. The article revealed: "The Mortgage Bankers Association expects that rates on 30-year loans could reach 4.8 percent by the end of next year, topping 5 percent in 2017. Ra

One of the most important pieces to buying or selling a home is securing financing, known commonly as a mortgage. A mortgage can be easily defined as a loan that a bank or mortgage lender gives a purchaser to help with purchase of a home.

To understand how hard money loans help Los Angeles, Orange County and California real estate buyers and investors, it's a good idea to start out with some common situations that families and individuals in the Golden State find themselves in. So let's describe ... Read More...