The Mortgages Weblog Archive: June, 2006
The Mortgages Welbog reaches the end of its term
It is my sad duty to inform all readers that this blog is retiring as of today. Our editorial priorites have gradually changed here at Weblogs, Inc., and while we are glad to have published in this sp...
mortgages.weblogsinc.com
Correcting Prices and the Interest Only Mortgage
There's been quite a bit of talk over the exotic loans and their affects on homeowners' equity lately. The more "leveling" we see in home values and prices over the next few years will have a great im...
mortgages.weblogsinc.com
Using Home Equity to Pay Off Credit Debt
Many homeowners around the world are turning to home equity loans, and home equity lines of credit, and even their IRAs and 401(K) funds to decrease or eliminate their credit card debt. Partly fueled ...
mortgages.weblogsinc.com
A False Sense of Equity
With so many Americans living with a false sense of security (called home equity), it's no wonder that spending has risen to an all time high. If it's not the pressure to take out a home equity loan t...
mortgages.weblogsinc.com
Types of Mortgage Fraud - Raising Awareness
There are many types of mortgage fraud, but to raise awareness about this extremely rampant crime - we all need to be aware of the different types of fraud that are used. As one of our readers pointed...
mortgages.weblogsinc.com
The Problem With Option ARMs
Filed under: Interest rates, Mortgage servicingThe option ARM became very popular, and with the real estate rush that we experienced over the past years, it's no wonder how so many people became wrapp...
mortgages.weblogsinc.com
The Dangers of 125% Financing
There are two main factors that determine how much equity you have in a home: The value of the home, and the amount owed on the home. In other words, if you have a property that is valued at $250,000 ...
mortgages.weblogsinc.com
Foreclosures Rates Jumped in June
Filed under: News by stateIn May of 2006 the national foreclosure numbers came in with a grand total of 62,432. This number quickly jumped up by 7.4% with one in 1,726 households in foreclosure by Jun...
mortgages.weblogsinc.com
You've Got Mail - Mortgage Mail
Filed under: Mortgage servicingSo over the next few years, many mortgage holders will find that their mailboxes may be filling up with offers to help you refinance your mortgage. This is a serious tim...
mortgages.weblogsinc.com
Beware of Lenders That Promise the World
Filed under: Mortgage servicingWhen you make the decision to purchase a home, there are generally three types of financing you can opt to use to pay for the home: Cash, owner-carry, or obtaining a loa...
mortgages.weblogsinc.com
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