When the housing market crashed a couple of years ago, it took with it another type of property development. Since the mid 1990s, there was a special type of mortgage that banks have been willing to make, known as “buy to let mortgages”. These loans are for properties the buyer intends to rent out and [Continue]
Tag: geld
Avoid The Con Men When Doing A Loan Modification
Loan modification is not a completely new procedure in the mortgage world, it just became a lot more popular after recent events. A loan modification means you make a deal with your lender to permanently change the conditions of your mortgage. The change of conditions oftentimes means lowering interest rates. To offset the loss of [Continue]
Who Should Take Responsibility For The Mortgage Crisis
The only time mortgage confusion was higher that it is right now is back when sub-prime mortgages were not known to be the cesspool that we now know them to be. The world economy has collapsed. Much of the world lays the blame for the collapse at the feet of greedy Americans. While this is [Continue]
Getting The Best Mortgage Loan
There has been a large surge for mortgage applications as homebuyers are looking to take advantage of the low property prices. It is now possible to get great mortgage deals through banks that have received government support. It is possible to get a mortgage of up to 90 percent of the price. No longer will [Continue]