While there is a lot of negative press about homeowners underwater in their mortgages, it’s far from a non-reversible trend.  “Underwater” in a home mortgage means that the homeowner owes more than the current value of the home in the marketplace.  This market value is heavily influenced by the number of foreclosure properties, as well [...]

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While the 40 year mortgage may not be available to you at this time, there seems to be a move on the part of Freddie Mac and Fannie Mae to consider backing these longer term mortgages, especially in higher priced market areas.  Stretching the time to pay back a loan does reduce the payments, so [...]

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Identity theft is big news.  And, it can take many different forms.  Recent examples in the news have shown that relatives can be the culprit more times than you might think.  One victim found that her sister was using her identity to run up purchases in another city, while another found that it was her [...]

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The average U.S. consumer may not be aware of just how much it can cost them every year if their credit score is 20 or more points lower than it should be due to errors on their credit reports.  

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If you have a home mortgage held by Fannie Mae, and need help with a refinance, there is good news for many.  There are a lot of mortgages out there with high interest rates, values down, or ARM, Adjustable Rate Mortgage, interest rate resets looming in the near future.  For those owned by Fannie Mae, [...]

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