Mortgage Articles

• Choosing Between Mortgages — Helps you to decide which kind of mortgage is right for you: 15- or 30-year.
• Equity and Re-mortgages — Defines equity, provides advice on how to build it, and discusses how to use existing equity to fund a second mortgage.
• It’s Worth it - How Much Life Insurance is Enough? — The statistics are staggering and getting worse. Today, only four in ten adults own an individual life insurance policy. And out of those that do have coverage, it is often far less than they actually need.
• Mortgage Buy Down Programs — Explains the processes involved in mortgage buy downs and whether or not you should consider such programs; pros and cons of mortgage buy downs are discussed.
• Mortgage Frequently Asked Questions — Answers some frequently asked questions about mortgages.
• Mortgage Insurance — Defines mortgage insurance, goes over the differences between mortgage insurance and property insurance, discusses how mortgage insurance is paid, and helps you decide if it will be necessary or beneficial for you to purchase mortgage insurance.
• Mortgage Option ARM's — Talks about adjustable rate mortgages and provides an analysis of the differences between ARMs and fixed rate mortgages.
• No Rest for the Mortgage and IRA Weary — Gray Matters' columns last month on reverse mortgages and IRA rollovers seemed to have raised as many questions as they answered. So let us pause for some of the comments and questions from readers, and clarifications from experts.
• Questions You Should Ask When Obtaining a Mortgage Loan — Provides you with some guidance when securing a mortgage loan; tells you what to look for in a lender and how to evaluate the quality of your lender.
• Understanding Mortgage Terms — Lists a number of frequently used terms you will encounter when seeking a mortgage and provides useful definitions.
• Use Your Home To Stay At Home — Reverse mortgages can provide seniors with much-needed cash for funding their long-term care requirements.
• What Is a Reverse Mortgage? — Discusses reverse mortgages and when and how to use them; helps you to avoid pitfalls associated with reverse mortgages.