Loan modification victims: Losing cash — and homes
Tara Sciartelli says she had been up-to-date on her mortgage payments in January 2009 when she paid a company ,700 to help renegotiate terms with her mortgage companies. The fixed-rate first and second mortgages with combined payments of 6 were set to transition after two years into an adjustable rate, and Sciartelli feared her payments would go up and become unaffordable when the initial …
Read more on The Florida Times-Union
Re-Financing A Growing Temptation For Homeowners
It’s not quite a Shakespearean quote, but with the mortgage rates fluctuating to a 57-year low; homeowners are asking, ‘to re-finance or not to refinance, that is the question.”
Read more on CBS4 Miami
No such thing as no-cost mortgage closing
It’s possible to get a loan with no closing costs, but you’ll still end up paying a price somewhere.
Read more on Bankrate.com via Yahoo! Finance