Gulf Shores mortgages, and your ability to qualify for one, will be affected by new servicing rules designed to provide homeowners with more information about their mortgages and their options, should those loans become unaffordable. The new rules affecting Gulf Shores mortgages will force banks to verify a borrower’s ability to repay loans to ward off […]
Gulf Shores Home Mortgage Still Too Hard To Get
A Gulf Shores home mortgage is still too hard to get, according to Federal Reserve Chairman Ben Bernanke. The Fed Chair discussed housing and mortgage finance at the Hope Global Financial Dignity Summit in Atlanta. The Gulf Shores housing market has been experiencing signs of recovery this year, but according to Bernanke, it’s far from […]
Gulf Shores Mortgage Rates: Shop Online With Caution
Gulf Shores mortgage rates can be shopped for online, but you need to be aware of some “tricks of the trade” when using online websites to shop for loans. You might not be seeing the best rates available for a Gulf Shores mortgage if you aren’t aware of this trick used by some websites… To […]
Types of Gulf Shores Home Mortgages
Many types of Gulf Shores home mortgages — such as the “payment-option” loan — have disappeared in the wake of the housing bust. But homebuyers and homeowners who want to refinance still have several types of loans from which to choose. The most basic choices include: fixed-rate mortgages, adjustable- or variable-rate mortgages and hybrid mortgages […]