Mortgage approvals fall back to January level
Monday, March 14th, 2011Mortgage approvals fell sharply in June, lending yet more weight to the theory of a dip in the UK housing market as the Nationwide index showed UK house prices starting to fall in July
Reverse Mortgages Slammed by Consumer Reports
Friday, March 11th, 2011If you’re 62 or older and in the market for a reverse mortgage, take notice.
Mortgage Lenders Act Like Your Friend In Need, But We Try To Line Their Pockets At The Expense
Friday, March 11th, 2011A client of mine has received a “Smart Watch Report” by their lender, the other day and asked me to evaluate her. The report was really a call for loans to refinance their mortgages and use their ongoing participation in one or in cash now on sale and use of home equity to buy a [...]
Reverse Mortgages Slammed by Consumer Reports
Sunday, February 27th, 2011If you’re 62 or older and in the market for a reverse mortgage, take notice. The almighty Consumer Reports sent out a stark warning about the home loans earlier this week, calling them both “very risky” if homeowners didn’t understand the complicated terms and a “last resort for seniors who want to stay in their [...]