Bill Introduced to Provide Refinance Options for All Underwater Homeowners

We have been anticipating the improvement of the government’s Home Affordable Refinance Program (HARP) for years as it has strictly limited the program to mortgages backed by Fannie Mae or Freddie Mac – leaving millions of homeowners with little options to escape their high interest rate loans. (more…)

Is it the right time to refinance?

People choose to refinance their mortgage for a variety of different reasons; including home repairs, medical bills, paying off school loans, change mortgage programs or even to lower the interest rate on the account. If you refinance at the “right” time and do your research, you can avoid costly mistakes that homeowners often make when pursuing this option. Some people tend to apply for a refinance the moment they feel they have enough equity to secure some extra cash. But this is not always the wisest decision.. (more…)

Be Wary of Online Rental Scams

Due to a large number of reported complaints from individuals regarding rental scams, the FBI reported to the public on Friday that there is currently a need to be extra cautious when posting (or responding to)  rental advertisements online. We hear a lot regarding rental cons that are posted online that target renters to send money overseas to a potential “landlord,” however few people looking to rent out a property online are aware of the dangers that exist from what might look like a potential renter. (more…)