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Home buyers – Determine your mortgage affordability

By Pablo Gibson, financial writer for Safe Financing. Everyone dreams of owning a house of their own at some point of time in life. In order to fulfill this dream, people take out mortgage loans to purchase a house. These loans come at varying rate of interest as well as terms of repayment. There are […]

US Government pushing loan forgiveness for “underwater” borrowers

There’s some relief coming from the Obama administration for home owners who ower more on their properties than their homes are worth.

Canada’s housing market- Who might be in trouble and what can be done?

CCPA Research Associate David Macdonald is the author of the study showing that, for the first time in 30 years, six red-hot real estate markets are in a synchronized housing bubble. The Centre’s Trish Hennessy interviewed the study’s author to learn more about the problem.

Conflicting predictions of the Canadian housing market

The CMHC on Tuesday predicted that housing starts in Canada should rise moderately this year, while two research groups, the CCPA and the CD Howe institute have both examined the possibility of a housing bubble in Canada.

Housing bubbles in Canada and the CCPA

the CCPA reports that the housing markets in six major real estate markets in Canada are in danger of a very large adjustment: as much as a 38% drop in value over the next three years.

Home Refinancing Basics

This article describes the advantages and perils associated with refinancing.

Home Loan Mortgage Rates at record low but no relief for home owners

if you are a home owner hoping to take advantage of historically low interest rates for debt relief, your best hope is for a government change of policy.

Refinancing with Shorter Loan Terms

For some homeowners there is the possibility of making a sound refinancing decision even when interest rates are stagnant, the homeowner does not have a great amount of equity in the home and the homeowner’s credit score has not increased significantly. You might wonder how this is possible

Bad Credit Rating in Home Equity Loans

Home equity loans is one of the quickest, fastest and easiest way in obtaining cash for debt payments, home improvements, education, emergencies and medical expenses. However, you might think that your loan will not get approved because of your bad credit rating in home equity loans. Think again.

What is a Home Equity Loan?

Summary: We learn the basics on Home Equity Loans.