mortgages

Making Chicago Mortgages Easy to Understand

Chicago is one of the few areas in the country that still seems to be experiencing a lot of real estate activity despite the speculation on a dawning economic slump. There are literally thousands of homes on the market to choose from and many of them are in beautiful and safe neighborhoods. Since … Read [...]

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Interest Only Mortgages for the Wealthy Investor

It is for these types of investors that the interest only mortgage options should be used. The borrowers are business people, with business plans, and enough knowledge about the workings of commercial and mortgage loans, to understand a good investment from a bad. The commercial mortgage industry is a huge market, and since most of [...]

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Interest Only Mortgages A Risky Real Estate Move

Well, let’s examine this information, one piece at a time. The first piece to examine is the basis for the desired interest only mortgage product. What type of investor is looking for the interest only mortgage? Many of your real estate investors are business people, looking for a way to maximize their profit, while … [...]

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Interest Only Mortgages and the LIBOR

What is LIBOR and why would we want to use a LIBOR? How does LIBOR tie into interest only mortgages? These are really good questions. I myself until recently had no idea what a LIBOR was or is, or if I wanted to use one. I am a little more educated … Read More Interest [...]

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Are Tracker Mortgages Worth It

Tracker mortgages are one of the most common types of mortgage around, but they can be confusing if you are new to the mortgage world. Tracker mortgages have a number of benefits as well as dangers, and it pays to know about these before shopping around. If you are looking for a mortgage then here [...]

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Bad Credit Mortgages Can Be The Best Way to Clean up Your Credit

Maybe you have been turned down for a mortgage, loan or credit card recently and its probably because you have bad credit like millions of Brits. There is no doubt about it, the UK is swimming in bad debt. But if you want to pull yourself out of this quagmire and get back to winning [...]

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Pulling Back The Curtain On Reverse Mortgages

Last week’s article on reverse mortgages generated a very interesting response from one reader. Unfortunately, due to his choice of vocabulary, I can’t print his response here. Suffice it to say that this advisor doesn’t want me saying anything negative about his chief source of revenue. This week I’d like to pull back the curtain [...]

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Getting Mortgages With Bad Credit Problems

Well we can all admit that the US and world economy at the moment is not very strong. It feels like it’s collapsing and many people from all walks of life have lost their jobs, and have either already lost or are close to loosing their homes. Due to the economic situation over the last [...]

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Proposed Grading Of Mortgages Unveiled

It looks like the Chancellor of the Exchequer will announce a new system of grading mortgages available in Britain. Mortgages that are considered the least prone to fail will be given an official seal of government approval. These changes are designed to open up the wholesale mortgage market. It is expected that the Chancellor will [...]

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