Mortgage Insights

Get the latest mortgage news and other insights into the home loan industry from the at Bank of Internet USA.

 

First Time Home Buyers Getting More Help From The Great State Of Texas

Nov 14, 2012 - The state of Texas is offering $600 million to its residents to help them buy their first home. This is the largest amount ever offered by the state to fund a new mortgage program for first-time home buyers. Through this program there are several ways to help people finance a home. One option...

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What to Do After a Foreclosure

Nov 14, 2012 - The majority of these jobs came from the service producing sector, while medium businesses outpaced large and small businesses. Manufacturing was the only business that saw negative growth. "The job market held firm in December despite the intensifying fiscal cliff negotiations in Washington,"...

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Be Careful about Refinancing Close to Retirement

Nov 14, 2012 - Late October 2012, mortgage rates are still at an all time low and a surge of refinancing occurred. That does not mean that refinancing is good for every homeowner. Those who are close to retirement should think twice before making that choice.Since they will no longer have a salary, they should...

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Three Huge Home Buying Mistakes

Nov 14, 2012 - Buying a home is one of the top three biggest commitments in your life. Just like marriage and child-rearing, you cannot afford to make a wrong turn in buying a home. Only patience, research and long term planning can assure you a better deal. These three tricks will make things easier as...

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Three Easy Ways to Increase Your Down Payment

Nov 14, 2012 - Mortgage lenders, in an attempt to avoid a second mortgage, have begun requiring a higher down payment. While this makes obtaining a house a little more difficult, with the right strategy, it is not at all impossible. Here are some ways to save money and increase your down payment.Hopefully,...

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