Adjustable Rate Mortgages (ARM) are not only very unpopular right now thanks to the media bashing them, but they currently (August 31, 2007) have higher rates than Fixed Rate Mortgages.   This poses a problem for people that want a lower payment but now are demanding the secure rate of a Fixed Rate Mortgage.  
The answer to this problem is found in Hyrbid Mortgages.  These […]

Subprime Loans are not inherently wrought with risk and problems.  The issues of the lenders that are currently shut down do not automatically travel down the line to the borrowers with their loans.  The issue is not with the lender but with the loan.
“Am I in trouble if I have a Subprime Loan” is a […]

Bad economic news tops every news broadcast with big lenders like American Home Mortgage, Geneva Mortgage, Homebanc and many more completely cease all operations.  This change in the game is leaving many homeowners worried about what is going to happen to them now that their lender is KAPUT!
 Do not fret… don’t worry at all… in fact, […]

Fixed Rate Mortgages (FRM) versus Adjustable Rate Mortgages (ARMs) is a hot topic of debate right now. There is a camp of Fixed Rate evangelists that want to force-convert all mortgagors into their fold… all-the-while the ARM holders are scared by the news of impending doom sung from the rafters by Journalists and FRM propaganda.
So […]