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from Monstermoving.com |
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| Financial News | August 21, 2001 |
Should I Pay Off My Loan Early?
It's a great time to refinance -- but what if you only have a decade or so remaining on you current loan? Is there a way to refinance and not extend your loan term? Benny Kass explains. (Realty Times) | Fee Fi Fo Fum, Why Lenders Have So Many Charges
Since rates are largely similar for like mortgages, lenders need to somehow raise revenues without appearing to have higher rates. One approach is to have competitive rates -- and also fees. Lots of fees, as David Reed explains. (Realty Times) | Tax Benefits Flow To The Well-Located
It's not just that the richest taxpayers get the biggest write-offs, some states also do far better than others when it comes to mortgage deductions. As Lew Sichelman explains, you're likely to do well if you live in Hawaii, California, the District of Columbia, Connecticut, New Jersey, New York, Massachusetts, and Maryland. (Realty Times) | Hello, Mr. Brokow?
Mortgage lender Jim Nabors says folks in his business are entitled to a profit. Some consumer groups argue that lender profits are often too high and not fairly disclosed. Lew Sichelman looks at this growing controversy. (Realty Times) | What Does 'Due On Sale' Mean?
In the usual case someone cannot assume your mortgage without the lender's consent. But as Benny Kass points out, under federal rules there are at least nine situations where your loan can be assumed without a lender's permission. (Realty Times) |
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