Mortgage interest rates change as often as two to three times in one day. Securing the lowest rate possible is every borrower’s goal. However, it’s impossible to time the finance market, just as it’s impossible to predict exactly when the housing market will peak or slide.

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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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From Capitol Hill: Written Testimony before the House Financial Services Committee, Subcommittee on Housing and Community Opportunity on September 9, 2009
Chairwoman Waters, Ranking Member Capito and members of the Committee, thank you for the opportunity to testify today about the Treasury Department’s comprehensive initiatives to stabilize the US housing market and support homeowners…

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DEAR BENNY: I am recently divorced. We had two houses. In the divorce, I got one and he got one. We both signed quitclaim deeds to each other. However, I needed to refinance mine to pay off the bills I accumulated just to get my house back into livable shape. (It was a [...]

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Monday, June 1, 2009 10:10 AM
NEW YORK – Roger Wald recently discovered he would save $25,000 a year if he refinanced or sought a loan modification for his five-year mortgage at 4.75 percent. Wald, an auto body repairman in Sarasota, Fla., could have gotten that rate last month.
But like many homeowners, he [...]

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DEAR BENNY: I am a recently divorced woman. After many years of marriage in the same residence, I was decreed full ownership of the family home. However, I had to secure a substantial loan on the home to give to my ex-husband in order for him to move out. Because of [...]

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If you can’t beat them, then fight them with Foreclosure Fighter and modify your loan. They are one option worth exploring of the few I may point you to. The Home Foreclosure Fighter website is simple, informative, and user friendly.
Loan modification allows homeowners and lenders to change the terms of [...]

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Quit buying the media’s sensationalistic bad news because there’s a break in the clouds for a limited time only. Anyone taking advantage of this fact will have bragging rights in their new homes at BBQs for years to come.
Here’s four reasons why to buy and even sell if you have to:

First, The real estate “bubble” [...]

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