What Every Mortgage Holder Should Know About PMI Posted By : ratetake
Jan 23, 2008 in Mortgage
What Every Mortgage Holder Should Know About PMI Posted By : ratetake
Insurance - we need it for our life, our car, our house, our health and yes, in some cases, even for our mortgage. Private Mortgage Insurance (PMI) is the mortgage industry term used to describe insurance that protects the lender of your mortgage against any type of default. It’s primarily used when you put down less than 20% of the purchase price of your home.
Simple Guidelines For Remortgage Posted By : James Miller
Is there a best time to remortgage? Mortgage rates and the ever present threat of an increase in the coming months is a concern for a large number of borrowers and the benefits of remortgaging can be the answer for those persons operating on a limited budget.
Dramatic Turn in Mortgage Rates Posted By : rateempire
The Freddie Macs Primary Mortgage Market Survey released last week, showed that both the long term and short-term conventional mortgage interest rates are going to suffer huge downward turns. This was forecasted before Tuesday when Federal Reserve made half point rate cut.
Proactively Managing Your Existing Mortgage Posted By : ratetake
A red brick house and a white picket fence - long the American dream of many and in recent years more Americans have been buying their own dream in the form of their own home. Yet, for millions of us we don’t have a real good understanding of how our mortgage works completely and as a result don’t proactively manage it. There are numerous ways you can cut tens of thousands of your mortgage by taking a few simple steps during the life of your loan.