In order to qualify for the standard mortgage, you must have a credit score around or above 700. If it is below that, you are considered a subprime borrower, and not attractive to banks. Subprime mortgage lending was a...
As kids are trying to enjoy their last few days of summer, parents are busy buying school supplies and clothing for the upcoming school year. The cost of school supplies alone can take a toll on a parent’s wallet, not to...
Depending on who you ask, the answer to this question could be “yes” or “no”. Regardless of which side you are on politically, we can consider this question by looking simply at the definition of...
There are many reasons why a bank might reject your short sale offer. Some are less mysterious than others, and, more often than not, your bank hasn’t heard the magic bargaining number that will release you from their...
With the Fed prime rate set to remain low for the next couple years, you can expect to continue to hear from banks and other lenders about the glories of refinancing a mortgage. To lock in the super-low rate, there are a few...
