Underwater Mortgages
Updated Oct. 9, 2013
"What is an underwater mortgage?". I have no idea why I never touched on this topic before...perhaps I thought it was too simple of a concept, but clearly it could use an explanation.. Put simply, an "underwater mortgage" is a home loan that exceeds the value of the associated property.. An underwater mortgage can also be...

Refinancing Do's, Don'ts and Mistakes
Updated Oct. 9, 2013
Mortgage rates are super low again and so you may be considering a refinance to snag some of the savings.. But before you apply, be sure you do your homework to ensure it makes sense financially, and to see if you're actually able to do it.. Obviously the landscape has changed significantly since the mortgage...

No Cost Refinance Loans
Updated Oct. 9, 2013
You may have seen ads for a "no cost refi" loan lately, a mortgage program that promises no fees or out-of-pocket expenses when you refinance your existing mortgage.. While this type of offer is by no means a new concept, it's definitely a subject worth revisiting to ensure people understand what...