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

Avoid Foreclosure – Hang Onto Your Home

May 26, 2008 Author: MortgageGuru | Filed under: Foreclosure News

If you’re facing foreclosure, you aren’t alone as more and more families find themselves at risk of loosing their homes. It’s time you learned how to hang onto your home, and avoid foreclosure.
According to The Council Of Mortgage Lenders by the end of 2008 the number of families that loose their homes will have […]

Mortgage Rates Take A Another Dip 5.98%

May 23, 2008 Author: MortgageGuru | Filed under: Mortgage News

Whether you’re in the market for your first home or just moving up this latest dip in interest rates today is great news for US buyers. According to the Chicago Times the 30 year fixed rate has dropped to an average of 5.98%. That’s the lowest rate we’ve seen in about 5 weeks where it’s […]

How To Get A No Money Down Mortgage

May 22, 2008 Author: MortgageGuru | Filed under: Mortgage News

What could be better than buying a new home without putting anything down. No cash up front changes the game considerably doesn’t it? Now you suddenly find that you really can afford to own a home.
There’s only one little catch, you have to be willing to pay the higher interest rates that are associated […]

Now’s The Right Time To Buy Real Estate In Florida

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

It seems these days we hear so much doom and gloom about the real estate market, when actually there’s no better time to buy right now – at least in Florida.
According to the Florida Realtors long term economic and demographic trends continue to be favorable in Florida and that’s expected to continue into the future. […]

According to the Los Angeles Times there just might be some hope for those facing foreclosure of their homes. It appears that senate leaders may have reached an agreement on a voluntary mortgage rescue program.
What does that mean for struggling homeowners? It seems that the proposal is looking to provide up to $300 billion dollars […]

Need Mortage Advice - Ask Your Mortgage Broker

May 19, 2008 Author: MortgageGuru | Filed under: Mortgage News

Whether this is your first mortgage or your tenth weeding through the ins and outs of getting the best mortgage can be overwhelming and frustrating. Perhaps that’s why the role of the mortgage broker is changing.
A poll done by Alliance & Leicester shows that 47% of all mortgage brokers feels that the low confidence […]

Avoiding Foreclosure – Prevention Workshops

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

These days it seems foreclosure is on the minds of many. According to the Washingtonpost.com the state of Maryland seems to be taking at least some action to help those in distress. This weekend there is a foreclosure prevention workshop being held. Likely one of many to come in the future. And if other states […]

First time buyers are becoming more creative when it comes to obtaining a mortgage. According to a recent article at Fair Investments more first time buyers then ever before are looking at mortgage intermediaries.
It seems that mortgage intermediary customers have seen over a 10% increase in just one year and the number of people […]

Online Mortgage Quotes Guide

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

Getting a free mortgage quote online is actually quite easy. There are many sites that allow you to fill out one form and receive quotes from several different lenders.
LendingTree.com - The most prominent and well known of all loan comparison sites. Huge matketing budget means you have most likely seen the commercials on TV. Allows […]

Treasury Looks to Put End to Future Mortgage Meltdowns

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

Treasury Secretary Henry Paulson wants stronger government oversight of mortgage lenders and their dealings. Trying to avoid a repeat of this current meltdown is his goal and preventing the country from potentially falling deeper into recession due to continued poor operations from the main mortgage lending houses.
Some of the recommendations he has include:

Stricter laws regulating […]