Are you confused by the new TILA/RESPA changes? Wondering where to find an apartment with cheap in-unit laundry? Get answers to these questions by listening to this week’s Ilyce Glink Show. You can click the audio link below to listen to the full show, or download the podcast via iTunes. On this week’s show I talk to Frank Nothaft, [...]
When it comes to homeowner’s insurance, some pet owners are finding theirs goes to the dogs these days. Some insurance carriers are refusing to insure homeowners who own certain breeds of dogs that have been deemed dangerous, such as the Pit bull dog, Rottweilers, and Chow Chows. Others may take the dogs on a case-by-case [...]
If you own a house and have credit card debt, you may be considering using a home equity line of credit (HELOC) to pay off your credit card debt, and with a lower interest rate. When you take out a HELOC, you open up a revolving line of credit from your mortgage lender where your [...]
You’ve finally found the home you’ve been looking for and you’re ready to make an offer. But how you can you be sure that you’re getting a good deal? When you buy a home, every penny you can save on the purchase price will help you with closing costs, redecorating, and moving. The trick to [...]
According to an August 2014 study conducted by Merrill Lynch, when it comes to homeowners, seniors tend to carry less mortgage debt, have more equity in their homes, and tend to have greater net worth .These trends make older Americans a favorable target for marketers of financial products and services, including reverse mortgages. These mortgages [...]
It’s a dilemma many homeowners face: I want to put more money toward my house so I will pay less interest in the long term, but I also want to keep cash on hand in case an emergency crops up and I need it in the short term. The all-in-one mortgage or “accelerator mortgage” is [...]
If you’re self-employed, getting a mortgage can be a lot harder than it would be if you were working for someone else. What can you do if you want to buy a house but don’t have a full-time job? The good news is most lenders are willing to work with self-employed borrowers once they’ve taken [...]
With today’s low interest rates, many homeowners are refinancing their mortgages. In doing so, they will be not only paying less interest over the life of the mortgage but also lowering their monthly payments. Timing is everything when it comes to refinancing your mortgage. If you wait too long and interest rates climb, you could [...]
Getting turned down for a mortgage can be disappointing and leave a person wondering what to do next. And while it may feel like an isolated, personal experience, it’s actually more common than you might think. According to the Federal Reserve, in 2013, approximately 14.5 percent of applications for home mortgages were denied, down from [...]
