A Blog About Personal Finance

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Whether you’re shopping for your first home or looking to refinance your seventh, you’ll likely also be searching for a lending institution in your area. However, mortgage research - to be effective - goes well beyond locating the best interest [...]

Mention auto-leasing and most people will automatically assume a low- monthly payment. There is actually more than what meets the eye, and a number of fees are involved at various stages of the lease process.
Fees Involved in LeasingAt the beginning of the lease, you have to pay a refundable security deposit, typically equivalent to [...]

In the near future, the Fed will have to raise interest rates to at least break-even levels, matching the rate of inflation. When it comes, the interest rate rise will immediately flow through into mortgage rates. In other words, it’s only a matter of a short time before mortgage rates rise again.

Self Certification mortgages are available for remortgaging, when moving home, for Buy to Let mortgages and for First Time Buyers. Self Certification of income provides provides a mortgage solution for a range of people, such as the self employed and contractors, but also for the employed who find themselves among the growing number of people [...]

If you continue reading this article on:
FHA Credit Requirements
We are going to reveal some “often over-looked” information on finding the cheapest fixed mortage rates and provide links to the fha credit qualifications, which will give you a valuable headstart in obtaining the best and cheapest fixed mortgage.
This article is hopefully going to explain many [...]

One way to prevent your home from being repossessed is to get a short sale. Short sale pertains to the discount given to the house you have mortgaged in the event that you can’t pay it off within the time that you are supposed to. You can get a short sale from a bank if [...]

Three of the leading mortgage lenders dropped their interest rates yesterday ahead of the Bank of England’s decision regarding the base rate. Abbey, Lloyds SB and Cheltenham & Gloucester declared a drop of up to 0.30%.
This is now the fifth reduction in the last four weeks by Lloyds TSB. Skipton Building Society revealed that [...]

I need to know “how much can i afford to borrow for a mortgage”. You have decided to purchase a home and you need a mortgage; this is the first question you have to answer. How much you can borrow will be decided by the not only where the home is but by the design [...]

With the slowing housing market, rising interest rates and lenders tightening the reins on their mortgage qualification requirements, it’s extremely important to get the best mortgage at a good interest rate.
Keep reading for four tips you can use to get the best mortgage in today’s residential real estate market.
1. Work on your credit.
If your credit [...]

Advice on refinancing is easy enough to find - the question you need to ask yourself is whether the advice you find is worth the paper it is printed on - and when you are finding refinancing advice online, that’s very little paper indeed! You need to be very careful who you trust when it comes to advice on refinancing.