Some pay cash to refinance mortgage rates
With mortgage rates near historic lows, some homeowners are bringing checks to the closing table as part of the “cash-in” refinancing trend. Does this make sense?
FanHouse: NBA player defaults on his mortgage
Houston Rockets guard Kevin Martin has defaulted on mortgage payments on a house in California. He owes $44,000 in late payments on a 5,000-square-foot home he purchased in the city of Rocklin in July 2007 while he was still a member of the Sacramento Kings . Even NBA stars making millions can default.
Should you keep prepaying an underwater mortgage?
Extra mortgage payments while underwater
Is it worth it to pay extra on your mortgage when you are considerably underwater in your house? I don’t want to loose my house but I am also not sure if this makes sense.
Should I Pay Off my Mortgage?
A reader has $167,000 left on her mortgage and wonders if paying it off would be the best use of her cash. What is the correct answer?
Add-on fees draw fire in mortgage industry and cost thousands
With mortgage rates at unprecedented lows, why are more people not taking advantage of them to refinance or buy houses? The answers are complex and include sagging consumer confidence in the economy and high unemployment rates.
Mortgage search shouldn’t hurt credit
Comparison shopping for a new mortgage won’t hurt the credit scores of careful borrowers. Follow these tips and you may be able to get your Free Credit Report.
