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Archive for 'Mortgages'

Bank of America Eliminates Mortgage Fees

Bank of America, one of the largest banks in the US, has announced its “fee free” mortgage plan. Called the No Fee Mortgage Plus, the plan was started in the state of Washington last year before expanding to several other states in February.
Quoting Bank of America:
It takes the fears and fees out of home buying,” […]

102 Year Old Is Given A Mortgage!

A 102 year old U.K. man has been approved to receive a 25-year mortgage according to a report posted on the 24dash.com web site. The unnamed man took out a 25-year 200,000 pound mortgage that will be paid off when he is 127, that is if he lives that long.
Most mortgage companies in the U.K. […]

Mortgage Dirty Tricks Revealed

No one likes to think of the possibility that a mortgage company isn’t looking out for the best interests of its customers. Unfortunately, there are some brokers whose business emphasis makes customer service an afterthought at best.
Well, there is one broker who is attempting to change things and he is doing it through his own […]

Housing Revaluations: A Part Of Life

No matter where you live in the USA, housing revaluations occur on a regular basis. At least they are supposed to according to the laws of the state where you reside.
Where I live — Wake County, NC — housing revaluations are conducted about once every eight years. This is a high growth area with plenty […]

Brits Eye Florida For R/E Investing

The strong British pound and weak American dollar mean one thing — the British are coming! No, there are no redcoats here just some red faced, suntan lotion-less Britons who understand a thing or two about investing overseas particularly in Florida, a destination favored by many vacationing British residents.
According to an article published on the […]

Zillow? Zounds!

Once in awhile I come across a nifty tool, one that really works and is fun to play with. Zillow, the site that markets itself as “Your Edge in Real Estate,” has a device where you can obtain the valuation of your home or 70 million other houses across the USA.
No, the tool isn’t perfect […]

Federal Reserves Mulls Mortgage Action

The Federal Reserve Bank is considering responding to the current mortgage crisis brought on as a result of cash strapped consumers losing their homes to foreclosure. The historically low rates of just a few years ago are no longer in place meaning homeowners with adjustable rate mortgages were soon facing monthly payments several hundred dollars […]