Mortgage interest rates continue to stay low, causing mortgage companies to expect a rise in new mortgage applications. However, that isn’t happening, at least right now. It seems that for whatever reason, many people want to stay in their current …Read More
Foreclosure is an issue that affects Rhode Islanders all across the state. Although the number of homes that are foreclosed on varies by county and town, every community in Rhode Island is affected by foreclosure. In Rhode Island, foreclosure happens …Read More
If you are looking into whether a mortgage or loan modification is right for you, you may be wondering how they work. If you are approved for one, a loan modification could possibly lower your mortgage payment. At the very …Read More
Not everyone qualifies for a mortgage or loan modification. However, if you are behind on your mortgage payments, and you do qualify, there are many benefits to a mortgage modification. Your monthly payment may be lowered if you qualify for …Read More
What Will This Year Bring for Your Mortgage? Now that 2019 is here, many people will be making their New Year’s Resolutions. Further, many resolutions will be related to finances. If you want to stop feeling stress about your mortgage, …Read More
What is a Loan Modification? If you live in Rhode Island and are having a hard time making your mortgage payment, you may be wondering about a loan modification. A loan modification is the same thing as a mortgage modification …Read More
What Should I Do? If you recently received a foreclosure notice, you may be wondering what to do. One thing that you should definitely not do is ignore the notice. If you ignore the notice, that will probably reduce the …Read More
Once you realize that you are having difficulty making your mortgage payment, you should reach out for help as soon as possible, possibly by contacting your mortgage company. This will help to minimize whatever interest or fees may accrue because …Read More
You probably know that if you miss a mortgage payment, your mortgage will enter into default. If your mortgage is in default, then this can lead to foreclosure. But what does mortgage default mean, and how will it affect you? …Read More
Due to current market conditions, mortgage companies have started offering loans that are considered “risky” because they are different from conventional or traditional loans. They do not follow the regulations of the Consumer Financial Protection Bureau. This may lead to …Read More