Category: Mortgage

What Is A Consumer Loan?

January 14, 2021

A consumer loan is a loan or line of credit that you receive from a lender. Consumer loans can be auto loans, home mortgages, student loans, credit cards, equity loans, refinance loans, and personal loans. This article will address each type of consumer loans. Get Approved for personal loan today. Types of consumer loans: Consumer …

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How Long Does It Take To Buy A House?

January 14, 2021

How long does it take to buy a house? The answer is: it depends. You can buy a house in a matter of weeks or it can take you anywhere from 4 to 6 months. The question is how ready are you? It can take a long time, and that’s just learning about various mortgage …

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When to Refinance a Home Mortgage: Now, Later, or Never?

January 13, 2021

Mortgage Q&A: âWhen to refinance a home mortgage.â With mortgage rates at or near record lows, you may be wondering if now is a good time to refinance. Heck, your neighbors just did and now they’re bragging about their shiny new low rate. The popular 30-year fixed-rate mortgage slipped to 2.80% last week, per Freddie [&hellip

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5 Telltale SignsÂ That You MayÂ Not Be ReadyÂ To Buy a Home

January 13, 2021

While you might be mentally ready to buy a home, your financial situation might tell a different story and will indicate if you’re ready to buy a house.

The post 5 Telltale SignsÂ That You MayÂ Not Be ReadyÂ To Buy a Home appeared first on Real Estate News & Insights | realtor.comÂ®.

What Is a Force Majeure Clause, and What Does It Mean for Mortgages?

January 13, 2021

The current pandemic will have contract holders invoking force majeure for relief from creditors. But can a mortgage holder use the clause to stop payment?

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