1 STOP MORTGAGE BLOG!

Mortgage rates are a great bargain in today's market

The Fed and the State of Interest Rates       The Hershman Group reports today that the start of a new year is a good time to reflect as we previously have on the state of jobs and real estate. Another important factor we are monitoring is the movement of interest rates. There is no doubt about the fact that one benefit of our very slow and steady recovery from the Great Recession has been incredibly low interest rates. These rates have made homeownership and other large purchases such as cars more affordable for tens of millions of Americans. In addition, these r...

January 31st, 2017 | Interest Rates, Mortgage rates are a great bargain in today's market

Your Mortgage When You Divorce

Your Mortgage When You Divorce  - Divorce Happens But What About Your Mortgage?  - January 20, 2017 By Justin of Mortgage Info     Aside from the complex emotions and legalities involved in a divorce, there’s the couple’s financial situation to think of. Dividing property and debts, e.g. your house, is a point of contention in itself. How do you break up your mortgage after your marriage is over?You can look into these options to guide your decision on dealing with your mortgage affairs after the divorce. Let’s start from the most common to t...

January 25th, 2017 | Divorce and Your Mortgage, Your Mortgage When You Divorce

Mortgages Then and Now in America!

 A Brief History of Mortgages     In the day when someone wanted a home loan, he or she would walk to the neighborhood bank. If the bank representative knew the customer and considered the person a good credit risk, then the customer would get the loan. Mortgage loan terms were not the customer-friendly in those days. Loan terms were limited to 50% of the property value, and the repayment schedule was spread over three to five years and ended with a balloon payment.     Prior to the mid-1930s, America consisted primarily of renters, and only four in...

January 9th, 2017 | Mortgage News!, Mortgages Then and Now in America!

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