A Consumer Blog About Free Mortgage Quotes, Debt Consolidation, Refinance, and More.

Mortgage Crime Wave – What Does It Mean To You?

Jun 24, 2008 Author: MortgageGuru | Filed under: Mortgage News

Mortgage Crime Wave – What Does It Mean To You?
According to Alternet the FBI are arresting numerous criminals who have been involved in mortgage crime. Now you might think these are fly by night back yard mortgage lenders but you’d be wrong. It seems those being arrested for bulking investors out of not millions but […]

Thinking Of Buying A Home? Your Credit Score Is Important

Jun 21, 2008 Author: MortgageGuru | Filed under: Mortgage News

If you’ve been thinking that, it might be the right time to buy a home you should start taking a look at your credit. It’s the one most important factor, next to income verification, that will determine whether you will be able to qualify for your mortgage and buy your home.
It begins before you even […]

Are You Concerned About Your Home Equity?

Jun 20, 2008 Author: MortgageGuru | Filed under: Debt Consolidation Loans

These days it’s pretty common for home owners to be concerned about the equity in their homes. This is especially true if you’ve purchased your home in just the past few years. There’s a possibility that because of changes to the market your home might be worth less that the amount you owe on the […]

Be Smart – Pre-Approved For Your Mortgage

Jun 18, 2008 Author: MortgageGuru | Filed under: Mortgage News

Buying a home is stressful but there are things you can do to reduce the amount of stress. One of the those things, is to pre-approved for your mortgage.  According to the Seattle Times fewer house deals unravel when a mortgage is pre-approved.
Before you can buy a home, you need to save your down payment. […]

Whether you live in Florida, Michigan, or California and you’re thinking of buying a home you should learn as much as you can about mortgages lenders and mortgages in your state. Once you figure out the process of applying for a mortgage, there are some things you should know.
1. It’s important that you know about the […]

Promising Homeowner Aid Plan By Leading Mortgage Lenders

Jun 17, 2008 Author: MortgageGuru | Filed under: Foreclosure News

Homeowners that have found themselves facing foreclosure can rejoice. According to a news release today, it seems that the main mortgage lenders have put their heads together and come up with a plan.
It actually all began last October when government was encouraging lenders to work something out that would help those facing foreclosure avoid it. The […]

First Time Buyers – How To Handle Tougher Borrowing Criteria

Jun 14, 2008 Author: MortgageGuru | Filed under: Mortgage News

If you’re in the market for your first home don’t let tougher lending terms discourage you. Although it might be tougher for first time buyers than just a year ago, there is still plenty of mortgage money available.
The credit crunch has hit many, some harder than others. In fact according to  Reuters  first time buyers are […]

Where’s The Bottom In Tampa Bay Real Estate?

Jun 13, 2008 Author: MortgageGuru | Filed under: Mortgage News

The average selling price of Hillsborough homes is down 9% according to The Tampa Association of Realtors. Builders are seeing even a worse slump with a 25% downward spiral in the past four months.
According to Tampabay.com  this downward slide may be pinpointed in Hillsborough County but it’s really being felt through the entire Tampa Bay […]

How Will Changes To Mortgage Standards Affect You?

Jun 12, 2008 Author: MortgageGuru | Filed under: Mortgage News

According to The Press Association, mortgage lenders are about to change their standards in an effort to reduce the number of mortgages that are for more than the home is worth.
New standards put in place by CML will change the way properties are valuated. In the past few years builders have been drumming up some […]

Profit From Hot Spots In The Real Estate Market

Jun 11, 2008 Author: MortgageGuru | Filed under: Mortgage News

The housing market in the US might be in a slump and many real estate investors would have no part of this market. But that’s the first mistake of novice investors. According to Open Press, , David Lindahl a millionaire in real estate says that politics is local and so is real estate and that […]