Posted on January 24th, 2010 by Carlo Capomazza
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DEAR BENNY: I am shopping for a new mortgage (I will refinance about $160,000 remaining on a condo worth about $300,000) and discovered my mortgage holder wants about $2,200 in closing costs. I just financed with this bank three years ago and have stellar credit. There seems to be no [...]
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Posted on January 4th, 2010 by Carlo Capomazza
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Federal Reserve Chairman Ben S. Bernanke said that the central bank’s low interest rates didn’t cause the last decade’s housing bubble and that better regulation would have been more effective in limiting the boom.
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Posted on December 27th, 2009 by Carlo Capomazza
Too often, regulators say, seniors are poorly counseled in advance and don’t comprehend what they are getting into. If you, your relatives or friends are contemplating applying for a reverse mortgage in 2010, check out the new guidelines proposed this month by the federal regulatory agencies for financial institutions.
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Posted on December 20th, 2009 by Carlo Capomazza
ANY AMOUNTS YOU PAY OVER THE MINIMUM PAYMENT WILL NOW BE USED TO PAY DOWN YOUR BALANCES WITH THE HIGHEST ANNUAL PERCENTAGE RATE.
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Posted on August 4th, 2009 by Carlo Capomazza
If you’re not buying or selling but randy to do something in real estate then add value to your best and likely largest investment, your home with a remodeling project.
The contract is a critical step in any remodeling project; it holds the job together and ensures that all parties agree to the same vision and [...]
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Posted on July 2nd, 2009 by Carlo Capomazza
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Yes, this one is used actively. Sign of the times.
Defaults on debts or other obligations taken on by large financial institutions that affect not only the economy of the financial institution’s home country, but also the global financial community as well. FDIC look out.
Debt Bomb
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Congress Gets Plan for Consumer [...]
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Posted on April 4th, 2009 by Carlo Capomazza
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