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December 2008, Week 2 Archives

Friday, December 12, 2008

Deed-in-Lieu of Foreclosure

Another option available to avoid a traditional home foreclosure is to voluntarily transfer your property to your mortgage lender. This is called a Deed-in-lieu of Foreclosure....

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Tuesday, December 09, 2008

Homeowners in Mortgage Trouble

A recent article on MSNBC.com stated that 1 in 10 homeowners are at least a month behind on their payments or in foreclosure due to risky home loans and the crumbling economy. Home foreclosures are concentrated in Florida which has the highest foreclosure rate, Nevada and California....

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Refinancing Benefits

Refinancing can help you pay off overdue bills or help you save for a rainy day. Mortgage rates are at their lowest in almost a year. The problem is many people who have a mortgage don't qualify for refinancing due to declining property values, loss of jobs and credit issues....

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Recent Story on Good Morning America

A recent story featured on Good Morning America titled "Time to Refinance" gave some good tips on whether this is a good option for you. You have to do your research. First, you have to find low interest rates....

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