American Dream Home Mortgage

American Dream Home Mortgage

In 2009, when we became debt free, my American dream was to buy a house without a mortgage . The goal was to keep the “gazelle intensity” we used to pay off debt and save money like crazy. My wife on the other hand wasn’t exactly on the same page as me when it came to the house without a mortgage idea. She hates debt like I do, but doesn’t see the harm in getting a mortgage to own a home as long as it’s a responsible one. Fair enough. I’m willing to compromise. Back in 2009 I …

Home mortgage interest deduction Calculator

Home mortgage interest deduction Calculator

Adds some perspective to the debate over the mortgage interest deduction. 1) If I buy a property and rent it out, then my income is equal to the rent that I get, minus expenses, including interest payments on a mortgage. Thus, I get to deduct mortgage interest. (2) If homeowners could not deduct mortgage interest, then landlords would have an advantage. That is, the landlord could deduct mortgage interest, but the homeowner could not. (3) As a homeowner, I do not count as income …

Home Mortgage Refinance quotes

Home Mortgage Refinance quotes

Tweet We ll send you a weekly mailing of our most popular, exciting & entertaining stories right to your inbox: This is a SPAM-FREE mailing. Your information is safe with us. Positively having online home mortgage refinance quotes is very handy. Consumers could have as much information as they need, obtain quotes and complete applications online. Honestly, all that is now achievable from your home and in a shorter time then you might get a well-known mortgage broker in …

What is Home mortgage?

What is Home mortgage?

As the housing market in the United States continues its gradual recovery, 2013 kicked off with lower mortgage interest rates and and some interesting trends for jumbo loans. Current home mortgage rates are as low as they were for most of the 2012 holiday season, and jumbo loans are enjoying increased demand. Wall Street investors welcomed the New Year with optimism thanks to the eleventh hour resolution by Congress on the fiscal cliff. The financial exchanges experience some …

National Home Mortgage Finance Corporation

National Home Mortgage Finance Corporation

According to the latest Equifax National Consumer Credit Trends Report, the total balance of home finance write-offs year to date through September is $96.3 billion, representing a decrease of more than 22 percent from same time a year ago and a six-year low. Similarly, year-over-year changes in home financing total delinquencies (30-or-more days past due or in foreclosure) include: First mortgage: decreased 24.5 percent (from 7.94 percent to 6.00 percent); Home equity installment: …

Home Servicing Mortgage

Home Servicing Mortgage

When you get a mortgage, you may think that the lender will hold and service your loan until you pay it off or sell your home. That’s often not the case. In today’s market, loans and the rights to service them often are bought and sold. In many cases, the company that you send your payment to is not the company that owns your loan. A home is one of the most expensive purchases you’ll make, so it’s important to know who is handling your payments and that your mortgage account is …