Why are the mortgage interest rates going up? The mortgage interest rates are going up because the Federal Reserve is raising the federal funds rate. The federal funds rate is the rate at which depository institutions lend...
It is not uncommon for people who have fallen into financial troubles to take out a second mortgage on their home. Taking out a second mortgage on the home is not uncommon for people who find themselves in financial...
The United States Court of Appeals for the Fourth Circuit recently gave a highly significant ruling in the case of Hurlburt v. Black, which affects how bankruptcy courts handle certain mortgages in North Carolina when Chapter...
For most of us, our home is our most significant investment and expense. Since your house is collateral for your mortgage loan, you will want to keep up with those payments if you wish to keep your home. The lender can...
First time home buyers are a vital part of the housing market in the United States, and according to recent reports, people buying their very first home is at a historic low point. The National Association of Realtor’s 2017...
