Can you sell a house if you are on the title but not the mortgage? Two names were on the title, but only one was on the mortgage when one spouse died. Q: My stepfather bought a house in Miami in 1999 and he included my mom on the title of the property at that [...]
Mortgage delinquency rates spike in 2020 due to COVID-19 pandemic. The latest loan insights show a 3.1 percent jump in overall delinquencies in just one year. Mortgage Delinquency Rates Spike in 2020 Due to COVID-19 Pandemic Having trouble paying your mortgage? If so, you’re not alone. Looking back in the early days of the pandemic, [...]
What you should know about refinancing your mortgage before retirement. Four things to consider when refinancing your mortgage before retirement. We recently received a long comment on one of our questions regarding a homeowner who was deciding whether to refinance their home before retiring. Our correspondent is a mortgage industry veteran of many years and [...]
How do you know if it’s worth it to refinance your mortgage? These homeowners want to know if they’re getting a good deal with their best offer. Q: When we bought our house, I read several of Ilyce's books and it not only empowered me to stand up to mortgage agents, it saved us tens [...]
What are the pros and cons of paying cash for a home? What to consider when deciding if it’s better to take out a low-interest mortgage or pay in cash. Q: I know mortgage interest rates are hovering at an all-time low. But, is there anything wrong with paying cash for a home? A: There’s [...]
Understanding COVID-19 homeowner relief resources. How to find coronavirus relief for homeowners offered by mortgage lenders, banks and the government. There’s a lot of confusion about what types of coronavirus relief resources are available for homeowners and who’s eligible for them. Over 60 percent of homeowners have no knowledge of COVID-19 resources or are unsure [...]
Coronavirus homeowner relief resources 2020. How lenders are helping homeowners who can’t make their mortgage payments because of the coronavirus. Coronavirus Homeowner Relief Resources 2020 This week, the government took steps to try to ensure millions of Americans wouldn’t lose their homes, cars, and credit due to the Coronavirus pandemic. Fannie Mae and Freddie Mac, [...]
How do I prove I paid off my mortgage? What documents do I need to prove I paid off my mortgage loan and can I shred the rest of the paperwork? Q: I got your email from your Expert Real Estate Tips YouTube channel. I have a small condo which I just paid off. After [...]
Will mortgage rates continue to drop in 2020? Should you refinance your mortgage now or wait and see what happens with the real estate market next? The coronavirus is wreaking havoc on the global economy, but there is one bright spot here in America. Thirty-year mortgage rates in the U.S. dipped to 3.29 percent earlier [...]
Should I pay cash or get a mortgage? This home buyer wants to know if it’s better to pay in cash or get a mortgage to take advantage of low rates. Q: We are considering purchasing a new home in a national home builder’s development. We could go through their loan people or pay cash. [...]
