by Eastern Bergen County Board of REALTORS Let’s face it, not everyone has enough money on his bank account to buy a house. If you are an average American, chances are you need a mortgage loan. There are many types of mortgages and these can be classified into 2 categories. These are conventional and governmental [...] Read more »
The Six Minute Book Summary of Busted: Life Inside The Great Mortgage Meltdown by Edmund L. Andrews
by k-ideas Executive Summary Edmund L. Andrews gives us an inside look of his life and adventures that led him through a financial nightmare in his book “Busted: Life Inside the Great Mortgage Meltdown”. Andrews explains his personal encounters of being a homeowner during the housing crisis in 2004 and how easy it was to [...] Read more »
Refinance Your Mortgage ? How to Get the Best Mortgage Refinance Rate
by mary hodder If you’re paying out the nose for your home, then it’s time to think about how to get the best mortgage refinance rate. Even a small difference in rate could mean thousands of dollars of savings over the term of your loan, so it’s important for you to carefully consider the rate [...] Read more »
How to mortgage a vacation home?
I have recently inherited some money, and our dream was always to purchase a vacation home. My question is… do I pay off my primary mortgage, car, and every other debt first… and then use the balance of the cash as a down payment on the vacation home and get a mortgage on the 2nd [...] Read more »
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