The Rise and Fall of 100% Mortgages

100% mortgages rose to a level of great popularity particularly for first time buyers, during the UK property boom. However, once the credit crunch bit in 2008 this type of mortgage product entered a period of very rapid decline ending in a complete withdrawal of this type of product from the market. This article examines the rise and fall of 100% mortgage products.
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Home Refinancing And Second Mortgages

Home refinancing and second mortgages are two ways in which an individual can get some additional funds. Refinancing lowers monthly payments, saving you money that you can use towards other causes. A second mortgage is a secured loan against your property. You are borrowing against the equity in your home. The following discusses the purposes of both.
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Should I Have Taken Money Out Of My House During The Boom?

There are many different opinions about whether or not taking money out of your home during the boom was a good decision. The answer actually depends on the long and short term goals you have regarding your investments and mortgages.
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Do We Need New Mortgage Rules or Should We Enforce the Old Ones?

The Dodd-Frank law, proposed by the Federal Reserve, requires minimum standards for all consumer mortgages with the exception of equity lines of credit, timeshare loans and reverse mortgages. The proposal has created a lot of buzz.
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Second Mortgages And Equity Financing

When discussing home-mortgage financing, consumers will often hear the terms “first” and “second” mortgages. A first mortgage loan generally refers to the main mortgage on the property, which often represents up to eighty percent of the value. A second mortgage is usually additional financing, which can be put in place for various reasons.
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Differences Between Residential and Commercial Mortgage Deals

Differences between Residential and commercial mortgages. Main factors dividing the two.
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Watch Out For Adjustable Rate and Sub Prime Mortgages

The purchase of a home is a very important and possibly the largest purchase that most people will undertake in their lives, so it is vitally important that all the facts of the process be known before completing the purchase. There are dangers involved in adjustable rate mortgages and sub-prime mortgages that should be fully explored, before accepting such terms in a mortgage agreement. Sub-prime mortgages are offered by lending institutions and banks to borrowers who are not able to qualify for standard mortgage loans, for any number of reasons.
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