Fixed-rate Vs. Variable-rate: What’s the Best Deal?
Many loans come in both fixed-rate and variable-rate versions. Making the right choice can save you a ton of interest.
Similar Posts
Homes sales continue upward trend on Peninsula
ByadminDespite 200 fewer homes on the market, Peninsula home sales increased 4.6 percent in May compared with the same time last year, according to the latest report. About 93 percent of the 727 Peninsula homes sold were existing resale homes, according the Real Estate Information Network Inc. in Hampton Roads. Foreclosure News
Fannie, Freddie announce holiday suspension of foreclosure evictions
ByadminThe two government-sponsored mortgage giants announced Monday that their annual eviction moratorium will run from December 17 through January 2. While mortgage servicers and lenders may still engage in legal activities related to foreclosure, affected families won't be locked out of the homes. This step should bring “a greater measure of certainty,” Freddie said in…
Foreclosure activity drops to pre-recession levels nationwide
ByadminThe number of foreclosure filings, which include default notices, auctions and bank repossessions, dropped 19% nationwide from a year ago during the first quarter, affecting only roughly 235,000 properties, according to a report released Thursday by real-estate data firm Attom Data Solutions. That figure represents the lowest level of foreclosure activity reported since the third…
State Law Changes Impacting LOs, Notaries, POAs; Fed Funds on Hold
ByadminHave you been chipped yet? A Wisconsin company is holding a “chip party” to implant chips into its employees so they can buy snacks with a wave of the hand. Is having your complete credit information on it far behind? In technology more specific to mortgages, AFR Wholesale announced a partnership with Amazon to integrate…
South Florida foreclosure filings jump in first quarter in aftermath of hurricane
ByadminForeclosure filings in South Florida jumped 23.6 percent in the first quarter of 2017 compared to the preceding quarter, according to Attom Data Solutions. Foreclosure News
More seniors are taking loans against their homes – and it’s costing them
ByadminVirginia Rayford took advantage of a federally insured loan called a reverse mortgage that allows cash-strapped seniors to borrow against the equity in their houses that has built up over decades. MUST CREDIT: Photo by Salwan Georges for The Washington Post. Foreclosure News