Category "Mortgage"

Your home may be the single largest investment in your life. At ForTheBestRate.com, we want to provide you with information on the home financing process and make sure that you’re getting a great deal on your next mortgage. In this section of the website, we have posts covering a wide range of topics including real estate investing, mortgage products, refinancing, and industry related news.

Mortgage

U.S. Mortgage Services to Pay 8.5 Billion

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The Federal Reserve and the Office of the Comptroller of the Currency, or OCC, determined in early January that 10 of the nation’s largest mortgage companies must pay big bucks...

Mortgage

Major Valuation Company Goes Bankrupt

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Several online real estate sites have been following the story of yet another national valuation company’s bankruptcy declaration. At the end of December, it was reported that the Florida-based firm,...

Mortgage

Three Steps to a Home Buying Budget

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Buying a home is probably the single biggest purchase you will make in your lifetime. Since most people don’t have enough cash to buy a home outright, the majority of...

Mortgage

Home Owner Equity Up By $760 Billion

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Lately, it seems we’ve been hearing a lot about homeowners struggling with their equity. With millions of owners underwater on their mortgages, the government even implemented a specialized refinancing program...

Mortgage

The Debate Over The Mortgage Deduction Continues

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The housing market is starting to recover in earnest, fueling a debate over the mortgage interest tax deduction, according to a recent article from CNN Money. Lobby groups and politicians on both...

Mortgage

Would You Take Out a Mortgage from Wal-Mart?

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These are interesting times for the mortgage industry in the US. The 2007-8 subprime lending crisis may have dealt a blow to the American economy, but it also damaged consumer...

Mortgage

Foreclosure Abuse Settlement Leads to Mortgage Modifications

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A substantial foreclosure abuse settlement has led to $26 billion in relief for beleaguered homeowners, according to a government report released on November 19th. Concluded in February, the settlement dealt...

Mortgage

FHA Waiver of “Anti-Flipping” Rule Extended Through 2014

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Changes in FHA regulations spell good news for real estate investors, rehabbers and some home buyers. The temporary waiver of the FHA’s “anti-flipping” legislation has been extended through 2014 according...

Mortgage

“Fiscal Cliff” Threatens Housing Market

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The impending “Fiscal Cliff”-a complex combination of changes in tax law and government spending-is a hot topic in today’s media. The cliff potentially threatens the nascent US economic recovery, threatening...

Mortgage

Fewer Foreclosures Means Higher Home Prices

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If you’re searching for a good deal on a distressed property, time may be running out. According to a recent article from NBC News, foreclosure rates are trending down, which...

Mortgage

The JP Morgan Case Suit Could Be Just The Beginning

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More lawsuits could be on the way for Wall Street banks. The recent case between New York Attorney General Eric Schneiderman and JPMorgan Chase-owned Bear Stearns, could be only the...