Monthly Archives: December 2003

When did 15 and 30 year mortgages become common in the USA?

I am just curious as to when 15 and 30 year mortgages started becoming common in the USA.

Posted in Renting & Real Estate|2 Comments

Why do mortgages interest rates change?

I am confused. I know there are ARM’s, and that lending companies sell their mortgages to others to collect payments and so that their books look good at the end of the year. I just don’t understand a few things: … Continue reading

Posted in Renting & Real Estate|3 Comments

Is there an benefit that my bank lost all my closing papers, the day I refinanced?

a week ago I contacted my bank to request a copy of my closing documents since I dont remeber where I placed them, they sent me a letter saying that there are sorry but they have not copy of this … Continue reading

Posted in Renting & Real Estate|Tagged , , |3 Comments