Tag Archive 'Foreclosures'

May 25 2010

Finding An Interest Only Mortgage

Published by Admin under Quick Mortgages

An interest only mortgage is a type of mortgage where you will pay only the interest and does not repay the principal amount for a period of time and during this period; the loan balance will remain the same.
In twenties this type of loan was normal, as it worked fine as the home did not [...]

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Feb 09 2010

Don’t Become a Mortgage Industry Crisis Statistic

Published by Admin under Quick Mortgages

It’s no secret that the U.S. housing marketing is having one of its largest slumps since the early 1980s. Pick up a newspaper or turn on the news and you are inundated with a daily report of more foreclosures, people falling further behind on their payments and a general souring of the entire housing [...]

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