FHA may be new best bet for “sub-prime” mortgage

By Jack, on March 17th, 2007%

Sub-prime lenders have largely replaced the FHA (Federal Housing Administration) in providing mortgages to less than prime-risk borrowers because they offered better terms and less paperwork. But with many of those sub-prime loans in [...]; . . . → Click Here to Read the Full Article

Comments are closed   Debt, Mortgages

New debit card protections still not enough.

By Jack, on March 15th, 2007%

As we have said many times, credit cards are a much better deal for you than debt cards IF you pay them off every month. Credit cards offer far more protection that debit cards if [...]; . . . → Click Here to Read the Full Article

Comments are closed   Credit cards

Declining property values could save your house.

By Jack, on March 7th, 2007%

In the last decade or so, standards for granting mortgages have become much looser. People who could not qualify for mortgages before have been able to get so-called “sub-prime” mortgages at higher rates. In [...]; . . . → Click Here to Read the Full Article

Comments are closed   Credit, Mortgages