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Mortgage Professor about mortgage afford interest rate property home equity bad credit: 
What Is Predatory Lending?
November 8, 1999 "What is 'predatory lending'"? Predatory lendinghas been much in the news lately, and legislation has been introduced in a number of states to regulate it away. Most of this proposed legislation is ill-advised -- a knee-jerk response to horror stories. ... more...

How Much House Should You Buy?
16 August 2004 "My wife and I are arguing about whether to buy the $150,000 house we set out to buy, or the upgraded version for $185,000 that she fell in love with. She argues that we can afford the more expensive house with an ... more...

mortgage afford interest rate property home equity bad credit related definitions

Second Mortgage, Home Equity Loan
Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more...

Adjustable Rate Mortgage, ARM
Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more...

More about mortgage afford interest rate property home equity bad credit

Home Loans
Buying a home remains the great American dream. Home ownership rates have been exploding in recent years, spurred on by the historically low interest rates in the home mortgage market. Home prices have been rising at far faster than inflation, especially in major urban areas such as San Francisco, ... more...

Investing the Profits from Your Home Based Business
Having made the bold and glorious decision to sack the boss and go it alone you are one of the few who have what it takes to succeed. You have an entrepreneurial spirit and a strong will and these are rare and valuable attributes that will guide you throughout your professional and personal life ... more...

Home Equity Loans - Are They Right For You?
The bills are out of control and you need a new car. Maybe we can get a new carpet and paint the house, you say to yourself. These are just a few reasons why home equity loans can seem like the solution to all your problems and are so popular.Home equity loans can be a fantastic way to start your ... more...

Demystify the Allegorical Misinterpretation of Bad Credit Personal Loans
Every time you go for a loan, the bad credit trademark hits you where it should your odds at finding a loan. For bad credit personal loan, it is necessary to discover your standing as a loan claimant. Loan borrowing is promoted as a much elementary process. And so is loan borrowing for bad credit. ... more...

Mortgages 101
Finding the perfect mortgage is like finding your dream home; it takes lots of work. You may find that you have a few questions about mortgages. Buying a home can be a very stressful time, but through a little education, you can understand every step of the process in securing your financing.Dont ... more...

Heating and Cooling Your Log Home
Needless to say, our forefathers didn't worry too much about heating their log cabins. Big fireplaces had no problem warming up the one or two rooms they lived in. Of course now that log homes are family-sized, people often have the impression that there is something different about how they are ... more...

Location, Location - NOT!
Untold Secrets of Buying and Selling Real EstateOwning a home can truly be satisfying. However, with the financial pressures of today's world, getting good value is crucial. These days I am much savvier about buying and selling homes than I was when we bought our first of eight houses. The ... more...

Secured Homeowners Loans In Case You Thought a Home is Worth Few Dollars
Money is like music, if managed well, produces a good symphony. One wrong note one wrong decision it produces a jarring sound. A homeowner knows what an important investment home is. And he or she cant probably go wrong with this kind of investment. If you are intending to draw money on this ... more...

Buying a Vacation & Retirement Home
Buying a vacation home that doubles as a future retirement home requires forethought and thorough investigation. Conventional wisdom tells us to first settle on a desired location and then look for the least expensive house in the best possible neighborhood. This is of course true, but buying a ... more...

Housing Bill - Changes in the Right To Buy Scheme
Presently council tenants are able to purchase their rented property after 2 years of tenancy. However, this is about to change. As of the 18th January 2005, the new Housing Bill becomes law and the current 2 years will change to a period of 5 years. This means, that once the proposals come into ... more...

Money Does Talk!
When buying something, you can buy in one of two markets. The first is buying on terms in the retail market and the second is buying in the wholesale cash market. This can be illustrated by referring to the biggest purchase we all make in our lifetime - Real Estate.In recent years, when you are ... more...


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