Monthly Archives: August 2010

Can you adjust your mortage rate lower by negiotation in this market?

Posted on August 13, 2010 by admin

OZ2003 asked: Hi there, I was wondering, I currently have two mortages, and 80/20 since I had no down payment. My 80 10 year interest is fixed at 6.125% and my 20 30 year fixed is at 8.25%. I don’t … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , | 12 Comments

Role Of Mortgage & Mortgage Broker

Posted on August 12, 2010 by admin

Shiji Shijina asked: Mortgage is the financial term used in terms of money. Mortgage is a method used to obtain loan on behalf of any collateral security. Mortgage plays the dominant role in the world financial market for the purpose … Continue reading →

Posted in Fox News | Leave a comment

What do you do when a mortage loan company wants you to conspire in a lie on the loan documents?

Posted on August 12, 2010 by admin

catdragon6000 asked: If you are the borrower for a loan and the mortgage company asks you to lie with them to make the loan work or not work, what should you do and who do you contact?Jo

Posted in Law & Ethics | Tagged , , , , , , | 4 Comments

Atlanta Mortgage Rates

Posted on August 12, 2010 by admin

Jimmy Sturo asked: Based on interest rates, Atlanta Mortgages can be divided into two types namely fixed rate and adjustable rate loan. In the case of a fixed rate loan, a monthly payment including the principal and the interest will … Continue reading →

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Do you think the banks and other home mortage companies are ripping off the American home owners?

Posted on August 11, 2010 by admin

paducah_billy asked: My interest rate on my home is 5.375% if that were raised to 9%, the payment would hurt me. Very interesting responses so far. I have a fix rate load for the attach lady below.Warren

Posted in Renting & Real Estate | Tagged , , , , | 6 Comments