As the number of foreclosures remains relatively high, many homeowners are seeking help through various sources of mortgage relief.  In the past, if a homeowner could not maintain their mortgage payment, the house would be quickly rushed into foreclosure. However, with the economy wavering to stay afloat, the government has begun to take initiative to  … Read more

Many homeowners have attempted to “go green” only to realize the additional costs involved with the process. The energy efficient appliances tend to cost more than the older, less energy efficient models, providing little incentive for their purchase. They will save you a few dollars over time in a lower utility bill, but is shelling  … Read more

For homeowners that are struggling to keep up with their mortgage payment, refinancing has provided some much needed financial relief. Applying for a new loan with a lower interest rate through a refinancing option can lower the interest rate on the loan. A lower interest rate reduces the overall monthly mortgage payment, freeing up some  … Read more

American homeowners aren’t the only ones struggling to keep their mortage payments current. The housing market slump has expanded to other parts of the globe and the pressure to keep mortgage loans out of default is spreading. However, homeowners in Ireland may soon get some much needed relief as banks discuss loan modifications to help  … Read more

In March, big bank mortgage lenders promised to terminate fraudulent document practices, but evidence suggests many of these practices are still prevalent. These practices have led to unwarranted What Is Robo-Signing? There are several ways in which these practices can stir up trouble for homeowners. Under qualified bank employees are signing off on mortgage related  … Read more

Nothing is more excited and nerveracking as buying a home. Many of us search for weeks or months to fnd the house we think is perfect. But when you find that perfect home, there are many obsticles that can stand in your way of puchasing the home. When you are ready to purchase a home  … Read more

There are a few ways to lower your monthly mortgage payment. If you have suffered an unexpected event that is causing your money to be tight, you may be looking for ways to reduce your monthly expenses. Before you default on your payments or file for bankruptcy, consider contacting your lender to discuss measures to  … Read more

Many questions run through your mind when faced with a foreclosure notice. Should we let the house go into foreclosure? Should we fight to keep our house? How are we going to afford to keep the house out of foreclosure? Fortunately, there are some options that can help protect your house from foreclosure and keep  … Read more

Buying a house is a costly process. Buyers have to hand over money to pay for appraisal, inspection costs and contract fees. The largest cost to any buyer is the down payment on the home due at the time of purchase. Many financial experts advise buyers to put as much into a down payment as  … Read more

Applying for a home mortgage loan can be a daunting task. There are many forms to complete, none of which are written in a way that is easily understood. It has become apparent that most people have no idea what the specifics behind their mortgage loan entail. The Consumer Financial Protection Bureau has begun an  … Read more