24
Apr
Mortgage-backed securities II
Published in Education
khanacademy asked: Part II of the introduction to mortgage-backed securitiesMY
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23
Apr
The House Team Of Mortgage Intellingence asked: Next to critiquing the decorating taste of your home's previous owner, playing the "adjustable mortgage game" may rank as one of the most popular (and least pleasant) pastimes of Canadian homebuyers.Here's how it works.As you're exploring your mortgage options, you review the long and steady slide of mortgage [...]
Tags: Adjustable Rate Mortgages, Mortgage Options, Mortgage Rate
19
Apr
Understanding Jumbo Mortgages
Published in Business
1st American Mortgage asked: A jumbo mortgages is a home loan that exceeds the limits set by FannieMae and Freddie Mac.How are jumbo loans different?What differentiates jumbo mortgage loans is the loan amount. At present, loan amounts that are higher than $417,000 are usually deemed jumbo mortgages. This determination is made by comparing industry standards [...]
Tags: Dollar Figure, Maximums
11
Apr
The House Team Of Mortgage Intellingence asked: Contrary to what you may think, you don't manage your credit applications and payments in a vacuum. Your credit behavior (as some have learned the hard way) is tracked by credit bureaus such as Equifax Canada and TransUnion of Canada.This information is tabulated, and then you are assigned [...]
Tags: Credit Card Debt, Payment History
