Getting Your Property Priced

Over the past year things have become more confusing for homeowners when it comes to the true value of their home. A variety of reports have been released telling us all sorts of information with regards to how far property prices have fallen. Although there is little doubt that property prices have indeed fallen many [...]

Can You Save Money From The Base Rate Cut?

Many consumers may be looking forward to seeing their borrowing costs fall as a result of the recent base rate cut, with senior officials from the government having announced earlier this month that they were shaving 0.5% off the base rate in a move to aid the flagging economy, increase confidence amongst consumers, and ease [...]

How To Boost Your Odds Of Getting A Great Mortgage Offer

One of the most important financial commitments that you are ever likely to make will be your mortgage, and the responsibility and risks that come with a mortgage make it vital to ensure that you have the right mortgage loan for your needs and your pocket. The current financial crisis that is affecting most people [...]

Cutting Back on Your Mortgage Costs

There are many ways to cut the costs associated with paying off a mortgage. The interest rate you pay on the loan is a significant cost, but it is not the only one. When you sign the final mortgage papers, there are closing costs involved. These include the cost of the legalities of the mortgages, [...]

What happens to a second mortgage when a home is purchased at a foreclosure auction?

buad0118 asked: I am going to bid on a house at foreclosure and it has a 1st mortgage of $280K and a second of $70K. The lender on the first two mortgages is Decision One Mortgage. The lender at foreclosure is Countrywide. Does this mean that if I buy this house at [...]