Bad Credit Mortgage News

The mortgage articles below are here in order to fill in the gaps and add to the information contained in the main content of this website.

Over time we will be adding to this collection of articles so be sure to check back often.

Check, then check again
Richmond resident pulls credit reports and finds unfamiliar charges, possible identity theft

NH, other New England states fare well in credit report cards
The best-in-the nation credit profiles of folks who live in northern New England states can be attributed in part to “Yankee frugality”...

U.S. choking on too much debt
You owe $145,000. And the bill is rising every day.

Busing for homeowners
Melvin Pumphrey Jr. rides his bike up to the blue and red bus marked "Get on Board, Own a Home" and steps quickly inside.

Foreclosures.com: Las Vegas Mortgage Defaults Jump 27% in Month
"Defaults had been tailing off from their January high of 639," said Foreclosures.com president Alexis McGee. "Now they're heading up again."

Option Mortgage - Intriguing New Product Or Ticking Time Bomb?
Option mortgages appear to be a modification of, well of almost everything, including the 30 and 15-year fixed rate mortgage, ARMs, and interest only loan payments and with a sprinkle of negative amortization.

Don't let your own financial bubble burst
It doesn't matter if the real estate bubble bursts. It only matters if your bubble bursts.

Desperate measures in mortgage lending
To combat the housing affordability problem, lenders have created alternative financing, everything from hybrid adjustable-rate mortgages to interest-only loans.

Reverse mortgage can be attractive
Like most financial products, reverse mortgages are neither good nor bad; it depends on how they are used.

Is Refinancing Right For You?
Interested in refinancing your home to take advantage of declining mortgage rates, but unsure whether such a move is right for you? There are several questions experts say you should ask yourself to make an informed decision.

How not to earn a credit history
Credit history controls everything from car insurance rates to approval for a home loan. Learning the basics can help credit virgins stay financially stable.

Marriage and money: coordination is key
According to the Association of Bridal Consultants, money is the biggest cause of spats during the first year of marriage.

Bad credit can stick for years
You will find lenders, particularly companies that are a finance wing of a manufacturer whose primary mission is to facilitate car sales, will give people with very bruised credit a shot more often than a bank or other institution, which is simply loaning money for a profit.

Consumer Reports: Credit Report Confusion
A bad credit score can impact everything from your mortgage to whether you can rent an apartment or even get a job, so it's important to know your credit score and look over your credit report for errors. It is estimated that one in four reports have serious mistakes.

Services Growth Slows, But Jobs Created

Rates on 30-Year, 15-Year Mortgages Down

Reasons to refinance? Let us count the ways
With the rise in mortgage rates, the refinancing bandwagon has almost disappeared over the horizon. Fewer people are applying for home loans, a factor that strengthens the hands of consumers, but could make some lenders desperate.

More Homeowners Take Equity Lines of Credit
About 7.2 million homeowners took out home equity lines of credit last year, up 12 percent from 2001 when 6.4 million such credit lines were established, according to tabulations released today by the U.S. Census Bureau.

To buy or not to buy a vacation home
Be it the beach, the lake or the mountains, vacationers may ask whether it's time to put down roots in their favorite getaway spot or if it's more prudent to keep paying for hotels and rentals year in and year out.

U.S. Home Values Rose 8.5% During First Quarter

Trichet: Oil prices may worsen inflation
The head of the European Central Bank warned Thursday that higher oil prices could worsen inflation if they persist -- a development that could eventually push the bank toward raising interest rates.