Archive for the 'News' Category

2010 Maximum FHA Mortgage Limit Hartford CT

What is the Maximum FHA Mortgage Loan in Hartford, CT The maximum FHA Mortgage Loans is different for each county and also for a 1, 2, 3 or 4 family/unit house. So here are the current maximum FHA Mortgage Loan limits for Hartford, CT: Single Family Home $440,000 Two Unit Home $563,250 Three Unit Home [...]

Cimarron Mortgage Foreclosure and Loss Mitigation

Cimarron Mortgage Company of Jackson Mississippi may not be the biggest mortgage company out there, but if they are servicing your loan and you are worried about facing foreclosure size doesn’t matter, you need to know who to talk with about how to work out your situation. photo credit: TheTruthAbout… Mortgage Lender List of Loss [...]

What a bargain, $10.4M for a foreclosure!

Not sure but I bet that there might not be that many home buyers there are out there with 10.4 million available to bid on an auction, let alone a home with an eclectic interior…  Just saying, maybe a lower opening bid might have provided a better chance of finding a bidder.buy-nic-cage-money-pit: Personal Finance News [...]

USA Consumer Debt Declining But Still over $2.4 Trillion

One of the few good recent results of the economy has been a continuous decline in consumer debt. Consumer debt fell for the 8th consecutive month, for the first time, in September, declining by $15 billion. Consumer debt grew by about $100 each year from 2004 through 2007. In 2008 it increased $40 billion. In [...]

4.5% Mortgage Rates Why Not To Wait

There has been plenty of talk recently about 4.5% rates for mortgages.  While right now it is nothing but a campaign promise, or a blast of hot air.  The talk has been helpful at lowering rates, but not to 4.5%.  Rates are as low as they have ever been period.  But, waiting for the fantasy [...]