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Mortgage Lounge

Mortgage Lounge

http://www.mortgagelounge.blogspot.com

Excellent blog with mortgage news, interesting stories, interest rates, and more.....

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  • Will FHA Loans Become The Dominant Loan Products???

    Posted on Saturday April 5th, 2008 at 01:19 in fha vs conventional

    As American economy is starting to reach the bottom this is automatically effecting all industries. Gas is expensive as hell so people in the transportation industry who don't have a union and didn't get raises are very pissed off. The Real Estate Ma...

  • Now Is Really The Time To Buy...

    Posted on Friday February 15th, 2008 at 04:36

    As mortgage interest rates are very low lately and due to the slow Real Estate market now is the perfect time to buy a home for personal use or for an investment. Analysts believe that as desperate home sellers keep on selling their homes at below va...

  • Mortgage Reset May Boost Foreclosures: Study

    Posted on Monday March 19th, 2007 at 17:19

    By Ilaina JonasNEW YORK (Reuters) - About 1.1 million additional home foreclosures are expected over the next six years as adjustable-rate mortgages -- which made home buying more affordable to U.S. buyers in recent years -- reset to higher payments,...

  • Adjustable Mortgages:

    Posted on Friday March 16th, 2007 at 13:51

    Why do people take out ARM loans anyway? An ARM is an Adjustable Rate Mortgage and these can suit many people perfectly. The idea is that you have a term where your interest rate is fixed. This term can be as short as one month and as high as ten yea...

  • Choosing a Mortgage Term:

    Posted on Friday March 16th, 2007 at 13:49

    The term of your mortgage is an important factor to consider when choosing your mortgage program. Obviously, the longer the term, the lower the payments - but low payments aren't on every person's mind. In fact, some people prefer to make larger paym...

  • Quick Explanation About Interest Rates:

    Posted on Wednesday March 14th, 2007 at 23:12

    To be qualifies for a certain interest rate many factors are included and analyzed (income, credit score, amount of equity in your home, DTI {debt to income}, the current market, etc, etc.) However, one factor that has a total relation to interest ra...

Comments & Reviews

This blog is currently rated a 4.00 out of a possible 5 based on 1 comment.

ReyRey

4 stars Rey Ybarra

Rated your blog. Also added you as a friend. I invite you to participate in my online tv series, Interviews With Financial Experts. Please rate my blog and see for show details.

Rey

Posted: November 10th, 2008 | More Reviews From ReyRey | Report This Comment

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