A mortgage loan, or a home loan, can come in many different forms. A 30-year fixed rate, a 15-year fixed rate, an adjustable rate mortgage, a jumbo loan. And what about prepayment or foreclosure? The articles, blog posts, videos and radio shows on this page will answer all your mortgage loan questions and help you find the right mortgage loan for you.
Reverse Mortgage Helps Seniors Pay Bills
Should seniors pay heating bill and their mortgage using a credit card? Ilyce suggests they either sell their home or get a reverse mortgage to stop paying the heating bill with the credit card. The reverse mortgage would allow seniors to stop charging their home heating bill on the credit card.
Mortgage Hotline Number
A reader asks for the federal government's mortgage hotline number. The mortgage hotline number is 888-995-HOPE. Call the mortgage hotline number if you can't pay your mortgage.
Ilyce Glink on WSB Radio – March 21, 2008
Ilyce Glink filled in on the Clark Howard Show today. She updated everyone on the goings on in the financial world this week (like the purchase of Bear Stearns, and the ability of Fannie Mae and Freddie Mac to increase the amount of loans they do), and talked about how a lucky company might win $10 million if it can develop a car that gets 100 miles per gallon and meets other eco-friendly standards. For all this and more, click here to listen to the show. And, don't forget to check out www.thinkglink.com/forum for the show notes and Ilyce's newest site, www.expertrealestatetips.net for her videos on buying and selling a house.
When To Pay Off Mortgage
When should a homeowner pay off a mortgage? To pay off the mortgage or have no more mortgage makes sense if your cash flow is dropping or you're losing money on your other investments.
Foreclosure Numbers Reach Highest Level
Here's some sobering news: the rate of foreclosure starts and the percent of loans in foreclosure are at the highest levels ever, according to the Mor...
Increase Cash Flow To Pay Down Mortgage
A teacher is trying to sell her house, but she's worried about the slow market and her adjustable rate mortgage resetting to a monthly payment that she can't afford on her income. She wants to know how to pay down her mortgage, or what other options she has. To pay down your mortgage you can get another job or get a tenant to live with you. The only way to increase cash flow is to increase your income or lower expenses.
Mortgage Bankers Announce Latest Mortgage Stats
The number of mortgage loan applications rose 3 percent since last week, announced the Mortgage Bankers Association this morning. Word must be getting...
Foreclosures On Rise And Mortgage Lenders’ Solution
In early 2008 foreclosures were increasing which furthered the housing market slowdown, but what are solutions that mortgage lenders are coming up with? Foreclosures are forcing private mortgage lenders to pay out millions of dollars. Mortgage lenders are trying to help homeowners who are currently or about to face foreclosure.
Refinance Mortgage For Right Reasons Like Preventing Foreclosure
You may be wondering whether to refinance your mortgage now. Make sure to refinance your mortgage for the right reasons. Lowering taxes may not be a good reason to refinance. Preventing foreclosure may be worthwhile.
Refinancing Home Loan: Shop Around To Save Money
A home owner asks how to refinance his home loan. The home loan refinance market has become chaotic so it pays to shop around and save money. A good place to refinance your home loan is a credit union, where you can save a lot of money because you can often get cheaper rates.