What Are Typical Mortgage Down Payments?
Traditional mortgage down payments have always been 10 to 25 percent of the total purchase price of the property. more
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Relocation
- Selecting a Relocation Professional
- After You Relocate
- Relocation Considerations
- Home Buyer Checklist
- Before Relocating
- The Advantages of a Short Sale
- 5 Ways to Doom a Short Sale
- When is a Home Foreclosure Your Best Option?
- 3 Ways to Avoid Foreclosure
- 4 Benefits of Facing Foreclosure
- Can Bankruptcy Stop Foreclosure?
- 5 Things to Watch Out for When Estimating Moving Costs
- Budgeting Moving
- How to Avoid Professional Moving Scams
- Hiring a Professional Mover: Getting Estimates
- Moving Insurance: It Pays to be Covered
- Moving Your Car: Money-Saving Options
- Negotiating Your Moving Company Estimate
- Budgeting for Your Military Move
- Save Money on Your Move
- Moving Estimate Terms Explained
- How to Deal with Damages from Moving
- Comparing Moving Company Rates
- Financial Benefits of Using a "Small Mover"
- Questions to Ask Moving Companies
- Estimating Your Moving Costs
- 3 Ways to Avoid Internet Moving Scams
- Hidden Costs of Moving
- Moving Insurance Coverage Options
- Choosing a Mover: Money Matters
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Mortgages
In addition to mortgage loans for home purchases, there are also other loans available for various purposes that use the home for collateral.
Rates
Mortgage interest rates are determined by credit history strength, the number of points you pay, the size of your down payment and the type of loan program you choose.
Home Buying
Obtaining funding is crucial to buying a home. This requires applying for a mortgage, choosing a house that meets the appraisal standards, and determining the amount of the down payment.
Loans
There are dozens of different types of mortgage loan programs. They have been created to suit the varying needs of homebuyers.
Moving
When making a big move, it's essential to find out as much as possible about the schools, the neighborhoods, the housing costs and the community resources.
MORE MORTGAGE ARTICLES
Appraisal Basics
A real estate appraisal is an evaluation that determines the value of a property. There can be many different reasons for having an appraisal conducted, but one of the most common purposes is to determine the market value of a house before a mortgage transaction. more
Alternatives to Getting a 2nd Mortgage
There are several alternatives to getting a 2nd mortgage for homeowners who need cash. Whether a borrower wants to put their assets on the line as collateral and has good credit, there are options. A home equity line of credit is one main alternative to a 2nd mortgage. This line of credit would equal the value of the property minus the amount due on the original mortgage. more
- FHA Loans for a First-Time Home Buyer
- 3 Factors that Can Negatively Affect Your Mortgage Application
- 3 Reasons Banks Reject Short Sales
- 3 Common Short Sale Mistakes
- Home Equity Loans for People with Bad Credit
- FHA Eligibility with Bankruptcy and Foreclosure
- What To Do When Mortgages Default
- Short Selling a Rental Property
- Low Down Payment Loan Qualification
- Should You Refinance? Make Sure the Timing is Right
- How to Get Approved for an FHA Loan despite Bad Credit
- What Lenders Don't Reveal About Home Equity Loans
- 3 Warning Signs of Loan Modification Scams
- Second Mortgages: Advantages and Disadvantages
The Mortgage101 Blog
Mortgage Interest Rates Hit New Record Low
Interest rates on long-term mortgage loans fell to a new all-time record low this week, according to mortgage finance company Freddie Mac, as investors responded to troubling economic news. The average rate on a 30-year fixed rate loan, excluding points, dropped to 3.87 percent, the lowest rate on record in Freddie Mac’s 40-plus year mortgage survey.... more