http://www.mortgageadz.com Loans, refinance, calculators and more. Fri, 04 Sep 2009 02:12:59 +0000 http://backend.userland.com/rss092 en Often first time home buyers are caught off guard when the go to close their first mortgage. Even your realtor may forget to tell you about the closing costs of a home mortgage. It's something they assume you know about or just forget to mention. Unlike a $100 fee a ... http://www.mortgageadz.com/2009/09/dont-forget-the-closing-costs/ So you're ready to purchase you own home? Maybe you're tired of living with mom and dad or just ready to stop paying rent. No matter what reason you have you are ready to be a proud owner of your own home. Unfortunately, a very small percentage of Americans actually own their home, ... http://www.mortgageadz.com/2009/09/home-buying-tip-buy-a-house-you-can-afford/ About a year ago my wife and I decided to purchase an acre of land to build a home. We currently live in a three bedroom 2 and 1/2 bathroom home with an almost finished basement. It's plenty of room for our family of four, but we wanted to have ... http://www.mortgageadz.com/2009/09/could-renting-be-a-better-option-than-a-mortgage/ I don't consider myself an expert on buying  homes, but I do have a lot of experience. My wife and I have purchased three homes together since we've been married seven years. Each house has had many pros and cons associated with it. We're constantly making a list of things ... http://www.mortgageadz.com/2009/08/be-picky-when-you-choose-your-next-home/ Could this be the end of the housing bubble? The Commerce Department reported today that new home sales increased 9.6 percent in July! Is this a sign that the housing market is climbing from the record breaking low it reached earlier this year? Falling home prices have caused increased sales over the past ... http://www.mortgageadz.com/2009/08/july-home-sales-up-almost-10/ If you've kept up with mortgage rates over the past several months you have noticed that they have been somewhat steady. Rates sharply declined at the end of last year and continued the downward fall until just recently. Will mortgage rates stay steady, start to increase or continue to decrease ... http://www.mortgageadz.com/2009/07/will-mortgage-rates-start-to-climb/ I've always thought it was a little unfair that all the government housing stimulus package deals were for first time home buyers. Since I've purchased several houses I'm not eligible for any of the credit, even if I did decide to buy another home. However, that's about to change for Kentucky. The ... http://www.mortgageadz.com/2009/07/kentucky-adopts-5000-new-home-mortgage-tax-credit/ It is important to lock in your interest rate at the correct time. Good timing on an interest rate lock can save you thousands of dollars. Interest rates change daily so the longer a lender locks in a rate, the more risk that they have the market will move against ... http://www.mortgageadz.com/2009/04/lock-in-an-interest-rate-for-a-home-loan/ So about two weeks ago I got a letter in the mail from a finance company offering a new low interest rate on my home FHA home loan. I should hurry and take advantage of the new low rates and drop my interest rate from 6% to 5% with no ... http://www.mortgageadz.com/2009/04/streamline-fha-refinance/ The final version of the new stimulus package for 2009 includes an $8,000 tax credit for first time home buyers. Although many believe this tax credit won't provide any immediate stimulus to the economy or fix the housing situation it's still something to consider. The original stimulus package proposed a $15,000 ... http://www.mortgageadz.com/2009/02/stimulus-package-provides-8000-tax-credit-for-first-time-home-buyers/