The Reserve bank of Australia decided to keep its cash rate unchanged at a lower record of 2% in July, 2015. It seems good news for many of those who can afford 10% down payment of their total home price and have a steady income or a full time job. 666 more words
Tags » Mortgage Loan
What is a Reverse Mortgage?
A reverse mortgage is a loan for seniors age 62 and older. HECM reverse mortgage loans are insured by the Federal Housing Administration (FHA) that allows for homeowners to convert their home equity into cash with no monthly mortgage payments. 637 more words
Need a mortgage for a historic home or a home in a historic section like Forest Hill? Appraisers advise buyers to use local banks such as credit unions.
The following are posts from a widely used and highly respected appraiser forum. They are all in response to questions by homeowners or potential home buyers. 855 more words
If you are prepared to spend in residential investment property, you are about to set off on a thirst quenching, long-term venture that will fetch you big bucks in the days to come – if you administer your capital wisely. 205 more words