Mortgage News, Tips and Tools - Page 16

Your Future Mortgage Payment: What's Included?  Your Future Mortgage Payment: What's Included?

Buying a home can be one of the most rewarding investments you will ever make. However, it can also be one of the most costly. As a result, many lenders suggest prospective buyers determine a home’s monthly mortgage payment before making a commitment. This will help borrowers better gauge if a property will comfortably fit within their current budget.


Buying a Home - Is it a Wise Investment?  Buying a Home - Is it a Wise Investment?

Throughout the years, homeownership was synonymous with American Dream. A home was considered to be a borrower's greatest asset, a place to raise a family and a vehicle to build greater wealth. But given the way the housing bubble formed and burst in 2008, many buyers have been left wondering: is buying a home still a wise investment? The answer is, it depends.


Tax Exemptions for Underwater Homeowners
  • Posted by Jordan Blakley
  • 03/12/2013
  • taxes
 Tax Exemptions for Underwater Homeowners

America's mortgage industry is slowly recovering. But, according to real estate site Zillow, 16 million homeowners still owe more than their homes are worth. And, while taxes may not be top of mind for these underwater homeowners, there are some helpful advantages afforded to these borrowers via the Mortgage Forgiveness Debt Relief Act.