How much more do you think the interest rates will drop on fixed rate mortgages?

Question by pieface: How much more do you think the interest rates will drop on fixed rate mortgages? Also what do you think the lowest they will go is? Best answer: Answer by REIBrokerThere is no indication that fixed rates will go down at all. Unfortunately there is a misunderstanding of the “rate” reported on [...]

Q&A: How much more do you think the interest rates will drop on fixed rate mortgages?

Question by pieface: How much more do you think the interest rates will drop on fixed rate mortgages? Also what do you think the lowest they will go is? Best answer: Answer by REIBrokerThere is no indication that fixed rates will go down at all. Unfortunately there is a misunderstanding of the “rate” reported on [...]

Q&A: Why do we have to bail out banks and reduce payments on peoples mortgages?

Question by merciless: Why do we have to bail out banks and reduce payments on peoples mortgages? Let it work itself out. It’s not fair for me to pay to reduce someones mortgage because they bought a house they can’t afford so what’s in it for me? i just get to pay my mortgage and [...]

What are the average rates for mortgages today?

Question by jenniferlemoine2007: What are the average rates for mortgages today? Is their a good website to look at these? Trying to figure out when a good time might be to lock in our rate. If they are going to drop in a few weeks I just might wait. Best answer: Answer by Bernie KHere [...]

What do you think of Obama wanting to eliminate the tax deduction for mortgages?

Question by HANDI MAN: What do you think of Obama wanting to eliminate the tax deduction for mortgages? His proposed budget uses this as a way to offset some of his giveaways. Is this what needs to be done. Best answer: Answer by bobemacObama and his agendas are WRONG for America!! Give your answer to [...]

Is there a correlation between failed mortgages, job loss and illegal aliens in the same area?

Question by Naturescent: Is there a correlation between failed mortgages, job loss and illegal aliens in the same area? What areas have been most affected by job loss to illegals vs job loss from companies moving their manufacturing work to another country? And which countries have these jobs moved to? HUD: Five Million Fraudulent Mortgages [...]

Q&A: Could you tell me how accelerted mortgages work?

Question by Boston Deb: Could you tell me how accelerted mortgages work? Are there any calculators on line that I could review? Best answer: Answer by werner.herzogI think what you mean is: how do you accelerate the payments on an existing mortgage? Basically, you just make extra payments. If you make one extra payment per [...]

Could you tell me how accelerted mortgages work?

Question by Boston Deb: Could you tell me how accelerted mortgages work? Are there any calculators on line that I could review? Best answer: Answer by werner.herzogI think what you mean is: how do you accelerate the payments on an existing mortgage? Basically, you just make extra payments. If you make one extra payment per [...]

Q&A: Is it possible to get two separate mortgages on one two family house?

Question by curious: Is it possible to get two separate mortgages on one two family house? If the house has two floors and a basement, can one floor be assessed separatly and separate mortgage obtained? Best answer: Answer by Lauren Ldon’t think so… but u can get a 2nd mortgage on the one whole house [...]

Why did so many Americans sign mortgages that they could not afford?

Question by Proust: Why did so many Americans sign mortgages that they could not afford? Were they stupid or something? Why were they so dumb? Why would you ever sign for a mortgage that you might default on? Best answer: Answer by kevinsnatchatorithey all wanted to live like a celebrity Add your own answer in [...]