http://www.4mortageinfo.com/blog Tue, 15 Apr 2008 23:16:43 +0000 http://backend.userland.com/rss092 en In 1938, Fannie Mae was established by the US Government to promote the growth of home ownership by providing a secondary mortgage market.  What is a secondary mortgage market?  Well, the secondary mortgage market exists in the buying and selling of a mortgage from one lender to another.  The bank, ... http://www.4mortageinfo.com/blog/mortgage-loan/how-does-fannie-mae-works/ You might think that deciding to refinance a mortgage requires only a quick comparison of loan interest rates. Unfortunately, that’s not really true. Refinancing is trickier than that! Fortunately, three useful rules of thumb can often help you make sense of refinancing opportunities. Rule 1: Don’t Ignore Total Interest Costs You really ... http://www.4mortageinfo.com/blog/mortgage-loan/three-rules-of-thumb-for-mortgage-refinancing/ Are you a first time buyer? If yes then, you will have a lots of questions in your mind such as whether your should look for a bank, building society or a specialist lender? How much you need to borrow and how much will it cost? There are many mortgage ... http://www.4mortageinfo.com/blog/mortgage-loan/first-time-buyer-home-loan/ Because of a larger variety of mortgage loans available, first time home buyers may become easily overwhelmed with the home buying process. Understandably, those entering the housing market may not know which loan program best fits their needs. Working with a mortgage broker is helpful. They can guide you through ... http://www.4mortageinfo.com/blog/mortgage-loan/zero-down-mortgage-loans-first-time-home-buyer-loan-programs/ What is LIBOR and why would we want to use a LIBOR?  How does LIBOR tie into interest only mortgages. I myself until recently had no idea what a LIBOR was or is, or if I wanted to use one.              LIBOR is the London Inter Bank Offered Rate.  In ... http://www.4mortageinfo.com/blog/uncategorized/interest-only-mortgages-and-the-libor-what-is-it/ All factors depend on his past record of handling credits. A bad credit history implies that his appeal for a loan would be rejected and won’t be met in most of the places. The basic problems involving, the process of procuring loan arises from the activities of sub-prime lenders. These are those lenders ... http://www.4mortageinfo.com/blog/mortgage-loan/mortgages-for-people-with-bad-credit/ Welcome to WordPress. This is your first post. Edit or delete it, then start blogging! http://www.4mortageinfo.com/blog/uncategorized/hello-world/