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What to do if you have an underwater mortgage
Yahoo Personal Finance· 2 hours agoWe’ll explain why and how an underwater mortgage happens, your options for refinancing, and how to sell your house while underwater on ...
Rockford Is Now America’s Top Housing Market After an Improbable Turnaround
The Wall Street Journal· 15 hours agoREAL ESTATE A decade ago, Rockford, Ill., was the underwater mortgage capital of America. Today, it...
What is a short sale?
Bankrate via Yahoo Finance· 1 day agoShort sales tend to pick up in times of declining home values, when borrowers have more to repay with their mortgage than what they can reasonably expect...
What is a loan-to-value ratio?
Bankrate via AOL· 6 days agoLoan-to-value ratio is one piece of the puzzle here. Lenders like a low LTV ratio, meaning having equity in the house from the outset. This lowers your...
Rockford is America’s top real estate market in Wall Street Journal report
WTVO - WQRF Rockford· 10 hours agoROCKFORD, Ill. (WTVO) — According to a new ranking by the Wall Street Journal and Realtor.com,...
What is Home Equity?
Bankrate via Yahoo Finance· 2 days agomortgaged homes that are “equity-rich” (meaning their outstanding loan balances total no more than half their estimated market values). Source: ATTOM “Q4...
WSJ/Realtor.com names Rockford metro area no. 1 housing market in country
Gannett via AOL· 3 hours agoIt was the largest gain of any metro area in the ranking’s top 20. How does this compared to part years? In 2013, nearly one-third of the metro area’s mortgages were
Never Overlook This When Applying for a Veterans Mortgage
The Motley Fool· 1 day agoIn February, the median existing home sale price was $384,500, according to the National Association of Realtors. Now most conventional mortgage lenders require at least a ...
3 Signs You're Not Ready to Buy a Home This Year
The Motley Fool· 1 day agoInstead of paying your landlord money each month, you're putting that money toward a mortgage that helps you eventually own a valuable asset outright. You don't have to listen ...
Here’s who really benefits from Biden’s $153 billion in student-debt cancellation
MarketWatch via Yahoo Finance· 3 days agoIn addition, even with income-driven repayment, borrowers’ monthly student-loan payment may still be...
