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Refinancing fumbles: as more homeowners take advantage of low interest rates, overworked banks and mortgage brokers are making errors that could cost you
Never mind baseball--with interest rates at near-record lows, refinancing has become the national pastime. In 2002, roughly $2.24 trillion worth of home mortgages were financed, and nearly 60 perce...(Continue Reading)A bizarre bazaar: mortgage holders demand that the problems with the home title be taken care of by a title insurance company. But the mortgage companies
When did you last buy or sell a home? Do you recall that line item which demanded that you pay between $500 and $1,000 for home title insurance? You ......(Continue Reading)Residential lending to low-income and minority families: evidence from the 1992 HMDA data - Home Mortgage Disclosure Act - includes related articles on
Data collected under the Home Loan Mortgage Disclosure Act (HMDA) indicates that white applicants from all income groups experienced lower rates of denial ......(Continue Reading)Big breaks for home buyers - includes related article on mortgage opportunities for minorities
Stabilizing home prices and low interest rates have combined to make home ownership more financially feasible for many African-Americans. Special affordable ......(Continue Reading)Easy money: a little thing like bad credit won't cost you a mortgage loan
Mortgages to people with imperfect credit have increased 40% between 1995 and 1997. These 'subprime' borrowers are attractive to mortgage companies because ......(Continue Reading) |
