August 22nd, 2008
According to experts, it has never been more important to seek mortgage advice, whether a consumer is buying for the first time or trying to refinance. Without proper mortgage advice, consumers may end up paying too much or may get stuck in foreclosure proceedings when it is too late to change the outcome. By seeking mortgage advice, this experts aver that disaster can be averted in most cases, and at the very least, money can be saved. Without it, the exact opposite may occur for many consumers.
“More people are struggling to meet their mortgage payments and it is vital that firms treat them fairly,” said Lesley Titcomb, of the FSA. “This means paying attention to their individual circumstances and not repossessing their homes when there may be an alternative solution. Repossession has to be the last resort.”
Andrew Strange, policy director for the Association of Mortgage Intermediaries, said: “Although the number of products available on the market has dropped, there are still a large number of mortgages to choose from. During difficult periods in the market, consumers need advice more than ever and the risk of making the wrong decision is wide reaching.”
Related reading : Mortgages Advice
August 15th, 2008
Right now, the state of the housing market has left many to offer mortgage advice that a wait and see mentality is best. Recovery has been slow and although comparisons have been made to problems in the past, more recent mortgage advice indicates that we are now dealing with an entirely different problem that could […]
Related reading : Mortgages Advice
August 8th, 2008
Several experts have weighed in with their mortgage advice as news hit that the interest rate would not be changing. Many of these experts believe that inflation is a real possibility and their mortgage advice includes urging consumers to seek a refinance if at all possible in an effort to get better rates and stay […]
Related reading : Mortgages Advice
August 1st, 2008
The FSA is warning that there are some fraudulent businesses out there that are offering bad mortgage advice. Mortgage fraud is the talk of the town this week and some new efforts are being put in place to make sure that consumers are getting good mortgage advice. While most brokers and mortgage advice centers are […]
Related reading : Mortgages Advice
July 18th, 2008
Although the markets for equity release mortgages are still doing well, many experts are dispensing mortgage advice to seniors that this may not be a great idea. They urge caution and seeking professional mortgage advice before proceeding with any change in their home mortgage. Without the proper mortgage advice, many could end up losing their […]
Related reading : Mortgages Advice
July 10th, 2008
As bank rates skyrocket, it has become essential for homebuyers and owners to seek mortgage advice in order to save money. Fixed rate deals are often seen as the best type of loan, but without mortgage advice, consumers may end up spending too much money. Banks are now charging hefty fees with their applications and […]
Related reading : Mortgages Advice
June 26th, 2008
The need to get quality mortgage advice is growing as more homeowners face foreclosure. The rates for loans continue to climb, but quality mortgage advice may help homeowners avoid defaulting and provide them with new opportunities for paying off their loans.
Darren Cook of MoneyFacts stated, “Last year, there were over 15,000 mortgage products on offer […]
Related reading : Mortgages Advice
June 19th, 2008
In lieu of the current housing market, consumers are being encouraged to seek out professional mortgage advice as quickly as possible. Defaults are occurring more commonly and rates for mortgages are going up, necessitating the need to get the help of professional mortgage advice. Without, homeowners may not be able to save their homes.
Moneyfacts Mortgage […]
Related reading : Mortgages Advice
June 13th, 2008
Consumers seeking mortgage advice should make sure that they are getting the right kind of help that they need. According to experts, good mortgage advice will take into account the current state of the housing market and trend towards getting more people to refinance. Despite the best mortgage advice however, banks are not quite ready […]
Related reading : Mortgages Advice
June 4th, 2008
Experts are urging consumers to seek mortgage advice before it is too late, citing that foreclosures are increasing and property values are still on the decline. For those that do not seek mortgage advice in time, the results may be disastrous. Numerous mortgage advice programs are being sponsored by the government to assist consumers.
“There are […]
Related reading : Mortgages Advice
