04 Feb

Latest Mortgage News

The RMG Mortgage — 2013 Mortgage of the Year
There are so few mortgages that are unique, widely available and serve essential niches, and RMG Mortgages has one of them. To appreciate the uniqueness of its product, we have to travel back to March 2011. That’s when 35-year amortizations were banned …
Canadian Mortgage Trends

2 New Reverse Mortgage Rules for Couples
New reverse-mortgage rules kicking in August 4 should provide peace of mind to married couples considering taking out these loans. Reverse mortgages (home loans for people 62 and older that let them convert home equity into cash) can be a useful way for …

7 Secrets to Refinancing an Underwater Mortgage
If you pay your mortgage on time, you may be able to refinance even if you are among the approximately 22% of mortgage holders in the U.S. who are underwater, have been turned down by multiple lenders, and heard that you don’t qualify for a new loan.

You’re a Fool to Prepay Your Mortgage
This has been one of the debates that have existed though the ages. It’s right up there with “Is there life after death?” “What’s the meaning of life?” and “Should I have children?” The questions about a mortgage are relatively easy: Should …
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