mortgages

A Helpful Mortgage Refinance Calculator

Home Loans
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Should I Refinance My Mortgage? That’s the question we want to answer today. Mortgage rates are still very, very low.  Who would’ve ever thought we’d see mortgage rates this low for this period of time. I remember thinking back in August when we first started building our house and mortgage rates were at their lows that [...]

Will Commercial Mortgage Delinquency Rates Increase?

Miscellaneous

An analysis of FDIC (Federal Deposit Insurance Corporation) data shows that the default rate for commercial real estate mortgages has significantly increased in the recent past. The data reveals that the commercial mortgage default has risen from 2.88% in the 2nd quarter to 3.4% in the 3rd quarter of 2009.  During this time, the multifamily [...]

What Does Your Mortgage APR Indicate?

Personal Finance

You’ve seen it a thousand times – but perhaps you haven’t given it much thought.  What does A.P.R. stand for and what should we be aware of when it comes to these three little letters?  Let’s face it, mortgage financing can be confusing, but it doesn’t have to be. Mortgage APR or Annual Percentage Rate [...]