Mortgage Loan Refinance Guru

California Governor Arnold Schwarzenegger Takes Aim Predatory Lending
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California is ready to enact tough laws aimed at restricting predatory lending practices. While over-reaching consumers certainly deserve some of the blame for the foreclosure crisis, some of the things mortgage lenders and brokers did in order to close deals were not above board. Many took advantage of their positions of trust to [...]

Are Foreclosures Rising or Falling?
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There seems to be a bit of confusion with regard to what is happening with foreclosures. Indeed, it is commonplace to read about how foreclosures are both increasing and decreasing. Mainly because “foreclosure” is being used to report homes in various stages of foreclosure. Real Estate Pro Articles points this out about foreclosure [...]

New Plan to Help Home Buyers in the Works
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It is little surprise that, even as the stock market soars today, that the home builder sentiment index is falling. The first time home buyer tax credit that so many have been taking advantage of over the last few months is set to expire November 30. However, since the mortgage has to close [...]

Bank of America Shakes Things Up on the Stock Market
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Just a couple of days ago, JP Morgan reported significant profits in the third quarter of 2009. This news was greeted with enthusiasm from investors, and sent the Dow above 10,000. The thought was that the financial system was improving, and that things were on the verge of improving. Yesterday, though, Citi announced [...]

Blog Action Day: Fight Climate Change with Green Home Improvements
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Every year, bloggers around the world unite with a single purpose, in an effort to raise awareness of an issue. The year, Blog Action Day is focusing on global climate change. When one things of climate change, one must also think about energy consumption. How we use our energy affects our [...]

JP Morgan Leads Financial Sector in Earnings
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It’s an exciting day on the stock market — and for the financial sector. JP Morgan profits are in, an it appears that third quarter earnings are $3.6 billion. This is even better than a year ago, just before the global financial crisis really hit. As the first major bank [...]

CIT Bankruptcy Like to Affect Businesses
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Sometimes we forget that some of the things that affect big banks will come back to haunt the whole financial system as a whole. That might be the case with the looming CIT bankruptcy. The bank CIT has been having trouble with debt swaps and is verging on bankruptcy. The CEO of CIT, [...]

Foreclosures Moving Up in the Housing Market
One of the more interesting housing market trends that is becoming visible as unemployment continues to grow, and things move slowly toward recovery is the fact that foreclosures are moving up the housing market scale. We’re beyond the point where most of the foreclosures where subprime loans were made to people who maybe couldn’t really [...]

If Johnny Isakson?s $15,000 Tax Credit for Every Home Buyer is Passed, I?m Bu…
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There is speculation that October will be a good month to buy a home. Mortgage interest rates are back below 5%, and people are having a fire lit under them by the prospect of the end of the first time home buyer tax credit. But will it really be the end? There are [...]

Reader Question: What is a Money Merge Account?
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I received this question from a reader recently, with regard to a software program that purports to help you pay off your mortgage faster:
Recently, I have learned about programs called money merge accounts? Do these programs really help you pay off your mortgage early? How do they work?
Money merge accounts are [...]

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