Should I refi now? Living in the same house for 10 years. Refinanced once in 2002. Note currently has 23 years left at 6.375%. First refinance, I lost 2 years of payments and about all the principal put into the note. The clock was reset back to 30 years, and I wound up owning MORE [...]

Republicans and Democrats alike, have not been paying attention to facts, reason, or what the People want. Some Idiot government types decided that Home loan applications did not need to be verified. some idiot government types decided to massage some data to make it look like Iraq was involved in the Twin towers 9/11 fiasco. [...]

We just moved into a new house 4 months ago. Unfortunately, my husband was laid off right as we were moving in. We’ve been struggling to maintain or mortgage over the last couple of months while he searched for work. Now, he is employed and we’re fine, but we have a backlog to catch up. [...]

I currently own a villa in Deerfield Beach, FL (near Fort Lauderdale). I paid 50K for it over 10 years ago. Currently I have about 150K of equity in the home. I re-financed about 6 years ago so my interest rate is at 5.0% on a 15 year loan. The mortgage including taxes and insurance [...]

McCain’s American Home ownership Resurgence Plan wants the government to buy up bad mortgages to cut homeowners’ monthly payments. Now if I were a homeowner who actually took an interest only loan, with full knowledge that "but for" creative financing I could not afford to live in a home well above my salary pay range [...]

I got a $30,000 total settlement for a recent car accident. I make around $38,000 per year which is low for San francisco. I have no credit card debt and I am 26 by the way. I cant think of how to really spend this money. I live in San Francisco where the average tiny [...]

Government has been the principal factor preventing the “affordable housing” that politicians talk about so much. Amid all the hand-wringing and fingerpointing as housing markets collapse, mortgage foreclosures skyrocket, and financial markets panic, there is very little attention being paid to the fundamental economic and political decisions that led to this mess. The growth in [...]

I live in MA. We are 50K in debt. We can afford a mortgage but only if we eliminate our debt. We also have perfect credit. I know alot of people are getting creative these days to sell their homes. Is there a way we can get cash back at closing to pay off our [...]

The market value of my home dropped significantly with the economy and now I need to move. I am looking for creative ways to make everyone happy, that includes the lender. I talked with the lender and they told me I don’t qualify for the mortgage restructure because all my payments are on time! Do [...]