During the 2007-2009 financial crisis, the United States economy crumbled because of a problem with mortgage foreclosures. Borrowers all over the nation had trouble paying their mortgages. At the time, eight out of 10 borrowers were trying to refinance their mortgages. Even high end homeowners were having trouble with foreclosures. Why were so many citizens […]
During the 2007-2009 financial crisis, the United States economy crumbled because of a problem with mortgage foreclosures. Borrowers all over the nation had trouble paying their mortgages. At the time, eight out of 10 borrowers were trying to refinance their mortgages. Even high end homeowners were having trouble with foreclosures. Why were so many citizens … Read more
Only a small demographic of home buyers has a couple hundred thousand dollars laying around to pay cash for their new home with. That means the majority of us have to take out a loan to buy our homes. Getting into a mortgage loan with high rates or bad terms adds thousands of dollars to … Read more
The rise of the U.S. mortgage market occurred between 1949 and the turn of the 20th century, and different types of home loans are now the conventional method for people to purchase homes and commercial property. Perhaps you have applied for a home mortgage and are now seeking a loan for the property that houses … Read more