Financing a Home Archive


Borrowers Believe Lenders are Generally Less Accommodating Than They Could Be

RISMEDIA, August 2, 2007—Amid the turmoil in the housing and mortgage markets, mortgage customers who report making at least one late payment in the past 12 months indicate that lenders are showing some flexibility in scheduling late payments, but tend to be less understanding and accommodating of their circumstances when ...


Realty Q&A: 6-step Plan for Boosting Credit Score to Buy Home

By Lew Sichelman ...


Another Reason Why You Should Buy a Home

By Elizabeth Razzi, Bankrate.com ...


Allstate Pulls Homeowners Hike: State Agency Wouldn’t OK New Rate

RISMEDIA, July 27, 2007—(MCT)—Allstate withdrew its proposed 6.9% statewide increase in homeowners rates on Wednesday after the Texas Department of Insurance signaled that it wouldn't approve rates. ...


Consumers and Businesses Must Brace for Higher Parking Rates, Survey Says

RISMEDIA, July 26, 2007--Parking costs have increased nationwide for the fourth year in a row, mirroring rising demand and a dearth of supply in the U.S, Canada and around the world, according to the seventh annual Parking Rate survey from Colliers International, a leading global real estate services company. ...


Bankrate Poll: Men Are Better Savers than Women

RISMEDIA, July 24, 2007--Bankrate, Inc. today published the findings of its second annual poll questioning Americans on their emergency savings accounts. Bankrate found that over half of Americans polled (54 percent) are not equipped with an emergency savings fund (equal to three months living expenses). ...


Luxury Houses Still Selling; Top Picks for Where to Live

By Lauren Baier Kim ...


Congressional Action Could Give Seniors the Financial Security They Deserve

RISMEDIA, July 19, 2007—Two million older Americans could tap into the equity they have built up in their homes by obtaining reverse mortgages if Congress passes legislation to modernize HUD's Federal Housing Administration (FHA), according to a U.S. Department of Housing and Urban Development estimate released this week. ...


Treasury Department Offers Helpful Advice for Homeowners

RISMEDIA, July 19, 2007—(MCT)—Want to save on your tax bill? Lori Decker, director of Frederick County's Treasury Department, has some tips. ...


Seven Simple Steps to Raising Credit Scores

RISMEDIA, July 19, 2007—In the wake of the subprime market fallout, lenders are making it tougher for consumers to get a loan. As a result, borrowers are wise to try to raise their credit scores to qualify for loans, secure better loan terms and receive lower interest rates. ...


Before You Flip, Get a Grip: Flipping Foreclosures Are Easier Said Than Done

RISMEDIA, July 17 2007—(MCT)—Across America and the Carolinas, the rate of home foreclosures has been rising. For many homeowners, too-good-to-be-true loans and all too easy access to credit have shattered the American dream. But their misfortune could be your economic windfall, provided you have some real estate savvy. ...


Facing up to Mortgage Shortfalls

RISMEDIA, July 17 2007—(MCT)—Hiding out won't help. In fact, it's the single worst thing you can do if you're having difficulty meeting your mortgage payment. ...


HUD Releases Tips for Avoiding Foreclosure

RISMEDIA, July 13, 2007—The U.S. Department of Housing and Urban Development (HUD) released its top 10 tips for homeowners who are facing foreclosure. ...


Planning a Budget for Rent during Peak Moving Season

RISMEDIA, June 28, 2007--With peak rental season in full swing, a recent Apartments.com survey provides insight into renters' current budget for monthly rent payments. According to the survey, more than sixty percent of respondents state that they spend more than the recommended percentage on rent with twenty percent of survey ...


How Home Buyers Can Make Sure They Get the Best Mortgage

By Ruth Mantell, MarketWatch ...