New Refinancing and HELOC Rules for 2011 in Mortgages

LeahCoss.ca Hi everyone, how are you? It’s Leah Coss with The Mortgage Center. Wanted to go through the new rule changes, as of, or, as of announced for January, 2011, but don’t actually come into effect until March, 2011. So, wanted to go through rule change number two and three. And kind of just summarize [...]

Summary of New Mortgage Rules 2011 March

LeahCoss.ca Hi, everyone, how are you? It’s Leah Coss with The Mortgage Center. Finally, I’m going to do a blog post on the new rules that just came out and that is as of January 2011. However, they don’t come into actual where they are going to be enforced until about mid March, OK? But, [...]

Changes in mortgage finance rules could hurt housing recovery

Changes in mortgage finance rules could hurt housing recovery The government is proposing to limit the best interest rates and terms to buyers who can put 20% down, meet stringent debt limits and have sterling credit. You may have seen reports that the federal government is proposing new mortgage finance rules under which only home [...]

4 Traditional Money Rules to Break Now

4 Traditional Money Rules to Break Now Borrowing against a 401(k) and getting more credit cards makes sense now. Read more on Smart Money

Critics hit Fed’s appraisal rules

Critics hit Fed’s appraisal rules You might have missed it, but the Federal Reserve proposed far-reaching new rules Oct. 18 that could affect home… Read more on Boston Herald

New rules for mortgages boost safety, delays and costs

New rules for mortgages boost safety, delays and costs Columnist Jim Gallagher analyzes the changes. Read more on St. Louis Post-Dispatch

Money Management & Personal Finance : About Home Equity Loan Rules

The rules of home equity loans include not extracting all of the equity on a house, getting the home to appraise well and being able to repay the debt with a healthy income. Work with a financial institution to understand the rules of home equity loans usinginformation from a registered financial consultant in this free [...]