Government Foreclosure Prevention Measures Changes Announced

In a bid to keep homeowners in their homes even if they are unable to meet repayments, the Obama government had unveiled foreclosure prevention measures a few months back. The expectation was that once the housing market is given a helping hand to stabilize, by preventing foreclosures and supporting homeowners, it would help the economy regain its footing too.

However, it appears as though the government’s foreclosure prevention measures will not achieve the targets originally set. [Read more…]

Best Home Mortgage Loans

It’s good to know that you can own a residential property with the assistance of numerous financial solutions available in the market. However, because of the increase in the use of non-conventional home mortgage loans, specifically among borrowers with far from perfect credit rating, many lenders squeezed their requirements but with higher interest rates for new loan applicants. This article will provide you the tips and tricks to enhance the odds of acquiring your preferred loan. [Read more…]