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loan,home,equity,loans,home,loans |
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loan,home,equity,loans,home,loans |
| Loan, Home equity loans |
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Home Loans
1. Move your hard-to-sell house with a new pricing strategy
If your house has been languishing on the market with few showings and no buyer in sight, heres a strategy you might not have considered.
2. Flood insurance: Get it before you're soaked
If you dont know how prone your house is to flooding - and lets face it, most of us dont - now is the time to find out.
3. Can't sell it? Don't rent it until you know the pitfalls
Renting a house you cant sell - or cant sell for the price you want -- might sound like a good idea. But its not.
4. Surging inflation means you'll pay more for a mortgage
Could mortgage rates push past 7% by early summer?
5. Surging inflation means you'll pay more for a mortgage
Mortgage rates have been rising sharply since last June and we dont expect them to level off anytime soon, especially after a Wednesday report showed consumer prices rising faster than expected.
6. Falling home prices: Don't be dejected
If you suspect homes in your neighborhood arent selling for as much as they were last summer, you are probably right.
7. Should I rent or buy?
Even if you have the money and the credit rating to purchase a home, it doesn't make sense to do so if you plan to sell it in a month or two. Nor does it make sense to rent a home for 10 years. Where, then, is the saw-off point? When does it pay to buy, and when are you better off renting? In other words, how long is long enough to live somewhere before buying?
8. From fixer-upper to dream home with a 203(k)
If you can't afford to either buy or build the home of your dreams, you might be able to afford to buy a house that you can turn into your dream home. And you could probably do it with a Federal Housing Administration, or FHA 203(k) renovation loan -- a single loan that allows you to both buy the home and pay for the upgrades it will need.
9. Let your debts tell you how big a mortgage to get
While it is a good idea to be a well-informed house and mortgage shopper, in many cases what you know is not nearly as important as what you owe. Not only that, but when it comes time to get a mortgage, how much you owe can even be more important than how much you make.
10. Short-term mortgages build equity faster
No matter what type of fixed-rate mortgage you are looking at, the same principle applies: The longer you take to pay it back, the lower your monthly payment will be. But since you will make more monthly payments for a longer period of time, you will pay more interest over the life of the loan -- a lot more.
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Loans, student, auto, home, Loans, business, consolidation, quick, personal, Loans. |
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