http://mortgageratein.com Mortgage & Home Loans News & Information Fri, 21 Nov 2008 12:40:06 +0000 http://backend.userland.com/rss092 en by Leon J. Thorson In America, our seniors are in a crisis. Health-care costs are at all time highs, including prescription drugs and normal living costs. Some seniors are opting to skip their prescriptions to pay for groceries, others are rationing their drugs to last twice as long. If ... http://mortgageratein.com/2008/11/qualifying-for-a-reverse-mortgage/ by Guy Baldwin The home equity loan has a lot of names like Revolving Line of Credit, a Line of Credit Home Loan, as this type of loan is admired due to its features and flexibility With a greater credit limit a credit card will be issued. A home equity loan ... http://mortgageratein.com/2008/11/access-money-with-home-equity-loan-and-what-is-low-doc-home-loan/ by Chris Channing You don't know what will happen to your home when you pass on. If you do not have any beneficiaries to collect your items, it all goes to the banks or government anyways, so why not make use of it before you die? Even if you ... http://mortgageratein.com/2008/11/equity-releases-and-determining-if-they-are-right-for-you/ by Michael Benifez Homeowners' insurance isn't something that you can afford to live without. This is a necessity and something that most mortgage companies will require in order for a homeowner to receive the loan or mortgage. This article will show you some simple steps that you can take to ensure ... http://mortgageratein.com/2008/11/the-truth-behind-homeowners-insurance-premiums-and-policies/ by John Cooper There is information out there that says a foreclosure will remain on your credit report for a minimum of seven years. The truth is a maximum of seven years. This is wrong. Credit reporting by lenders and creditors is entirely voluntary. In fact a lender can remove a negative ... http://mortgageratein.com/2008/11/how-you-can-remove-a-foreclosure-from-your-credit-report/ by Ricardo Mendiola There are many benefits to using a consolidation company to repair your credit. These benefits include that you don't have to deal with creditors anymore, one easy payment, improving your credit, and more. These are very important things you should consider if you are thinking about ... http://mortgageratein.com/2008/11/the-benefits-of-credit-repair-and-consolidation-agencies/ by Ismael Gomez Banks are marketing to Latinos and Hispanics communities. Little do they know that they are the same people. The one thing that remains the same is the amount of loans that Hispanics take out. The biggest reason is Hispanics have bad credit. Think about it, for years and ... http://mortgageratein.com/2008/11/why-latinos-and-hispanics-take-out-loans/ by Lee Beattie Adjustable Home Loan Mortgage Rate Changes With The Times When times are good and interest rates are low, many a people took advantage of an adjustable home loan mortgage rate to purchase a new household or a second house. It enabled them to take advantage of low mortgage rates, ... http://mortgageratein.com/2008/11/what-is-a-adjustable-home-loan-mortgage-rate/ by Basdeo Paul Nobody wants to work in their seventies and yet most people only have ten to twenty thousand in their retirement fund at 50. How long could you live off of 20 thousand dollars? One year? Maybe two with social security but that is just no ... http://mortgageratein.com/2008/11/budget-now-for-your-retirement/ by Eric Jilson Buying a house may be the biggest financial decision that most people ever make. Many of us, however, can't just go out and spend the tens or hundreds of thousands of dollars needed to buy a house. Instead, most homebuyers must borrow most of their home's purchase price ... http://mortgageratein.com/2008/11/how-to-understand-your-arm-and-keep-your-house/