Archive for house mortgage
Jun
29
Anyone else having problems with Worthington mortgage?
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I have been trying to refinance our house for months now. I can never get anyone to call me back. They never do what they say they are going to do. Anyone else having this problem?
Jun
27
HAS ANYONE HAD ANY MORTGAGE PROBLEMS WITH CHASE HOME FINANCE?PLEASE TELL ME YOUR STORY?
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MINE IS HORRIBLE.
Jun
22
My 5-1 ARM adjusted last year and went to 6.25%. It will adjust again this November. Are mortgage rates based on the feds fund rate? Or something else? How can I estimate what my new rate will be?
Jun
22
When the Fed cuts interest rates, how long does it take to reflect in mortgage offers?
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I’m looking for mortgage rates online and want to build modular next year, now just looking for the best deal and wondering when today’s Fed actions will be reflected in the offers I find.
Jun
22
Why are fixed mortgage rates and adjustable rates different?
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I just saw that a 30 year fixed mortgage is 6.07% and a 5/1 ARM is 5.91%. What are the reasons why these rates differ by nearly .2%?
Jun
13
“Imagine you want to arrange a mortgage on your first house purchase. You need $200,000.00 Find the best rates and terms available from three different type of lenders such as a mortgage broker a major bank and a banking company such as president choice. Describe the advantages and disadvantages of each and choose the best one.”
Jun
13
Will I get less than the average mortgage rates if I have great credit?
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We are thinking about buying a house, and I just want to know if we have enough for a 10% down payment, decent income, and a great credit score ; can we expect to get below the average mortgage rates that are listed online? Thanks.
We will be get pre-approval before we decide to go house shopping, but I am just wondering this right now.
Jun
10
Would reverse ARMs help in resolving the subprime mortgage problem?
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The big problem seems to be people defaulting on their mortgage loans, which leads to foreclosure and losses for the banks.
What if the banks offered to take 20% of the mortgage amount and put it in a non-interest accruring loan account, base mortgage payments on the 80% balance at high interest rate, allow the home owner to make optional payments to pay down the 20% to qualify for lower interests rates on the 80% mortgage, would this be helpful in keeping these mortgages viable?
Would this help in avoiding a taxpayer bailout of the financial system?
Jun
06
How to calculate some mortgage problems?
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I need to find the maximum mortgage i can get from a 6.5% mortgage for 30 years.
Im given this information:
i make 60,000 a year
i have a 40,000 trust fund
i make 5,000 a month ( i did this calculation myself)
and the maximum monthly payment i can make is 1,400. ( i did this calculation myself)
Ok i need how to do it mathmatically. The worked shown. Thanks I need tons of help im on aol messenger: warfront1
Thanks in advance
May
31
mortgage problems help?
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we recently went for a meeting with a mortgage adviser, who told us we could borrow £90000, so we went away and searched for properties, we now have found one that we have fell in love with, only to be told by other mortgage lenders that we are not eligible for a mortgage n that they do not understand how any other mortgage lender could offer us £90000, i am now worried that we have found our dream home only for it to slip away, i have tried to see the mortgage lender who told us we could borrow £90000 but he has gone away for two weeks, i think when he gets back he is going to tell us the same as all the other mortgage lenders n that he got it wrong. if that is the case has anyone got any mortgage advice for us we are desperate, we have no debts or marks against our names, but we have a low income, we know we can afford the mortgage because we pay £400 rent a month and pay all our bills n shopping and still have money left over to save….. anyone help
