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Getting a Home Mortgage

So, you're interested to get a mortgage for your dream house. In order to do this, there are some steps you need to get the right home mortgage for you.

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Basic Mortgage Terms

If it is your first time applying for a mortgage, there are a number of terms you should know. Educating yourself on the various mortgage terms you will run into will help you make better decisions when deciding which home you want to purchase. When you sign a mortgage contract, your home is used for collateral and it is your responsibility to make sure your payments are made on time each month.

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Directory


msnbc.com: Real estate

Msnbc.com is a leader in breaking news and original journalism.

Empire State Building wants no competition

Wed, 25 Aug 2010 02:02:33 GMT

The owner of the Empire State Building says the height of a proposed tower near the iconic skyscraper would forever alter the skyline of New York City.


Empire State Building - Skyscraper - New York - United States - Building Types


Foreclosure trims number of underwater homes

Thu, 26 Aug 2010 23:20:16 GMT

Foreclosures are helping to thin the ranks of U.S. homes with mortgages that exceed what the properties are worth, new data shows.


Foreclosure - Mortgage - United States - Real estate - Business


New home sales hit slowest pace on record

Wed, 25 Aug 2010 19:47:02 GMT

Sales of new homes dropped sharply last month to the slowest pace on record, the latest sign that the economic recovery is fading.





United States - U.S. Housing Market - Business - United States Department of Commerce - Real estate


In weak housing market, can sellers stand out?

Tue, 24 Aug 2010 22:55:46 GMT

Msnbc.com asked real estate agents in several markets for five tips to  sell your home in a sluggish market.





Real estate - Real estate economics - Market - Business - Business and Economy


Homeowners feel stress of life 'underwater'

Wed, 1 Sep 2010 19:43:18 GMT

A broad swath of homeowners â?? those not headed for the worst-case scenario of foreclosure â?? are nonetheless grappling with the impact of lost home equity.





Foreclosure - Real estate - Business - Investing - Mortgage loan


Sponsored By:

Sun, 29 Aug 2010 19:04:01 GMT


48 percent leave Obama mortgage-aid program

Fri, 20 Aug 2010 17:12:02 GMT

Nearly half of homeowners seeking help from the Obama administration's flagship effort to help those at risk of foreclosure have fallen out of the program.


Foreclosure - Presidency of Barack Obama - Barack Obama - President - United States


One in 10 mortgage holders faces foreclosure

Thu, 26 Aug 2010 14:56:37 GMT

One in 10 American households with a mortgage was at risk of foreclosure this summer as the government's efforts to help have had little impact stemming the housing crisis.


Foreclosure - Mortgage - Business - Real estate - United States


Mortgage fraud thrives in good and bad times

Fri, 20 Aug 2010 11:34:47 GMT

The house on the 53rd block of South Wood Street in Chicago's Back of the Yards doesn't look like a $355,000 home. There is no front door and most of the windows are boarded up.





Chicago - Business - United States - New City Chicago - Construction and Maintenance


Cozy homes by the sea just snapped up

Mon, 23 Aug 2010 12:52:45 GMT

Summer is still in full swing and the homes in this edition of Closing Costs let you enjoy every second of it.


Swing - Arts - Dance - Performing Arts - United States


Mortgage applications rise 2.7% on low rates

Wed, 1 Sep 2010 16:08:26 GMT

Mortgage applications rose 2.7 percent last week as more borrowers took advantage of the lowest rates in decades to reduce their monthly loan payments.


Mortgage - Loan - Business - Financial services - United States


Recent mortgage modifications seem to help

Tue, 24 Aug 2010 21:03:24 GMT

Borrowers who had their mortgages modified recently are faring better than those who had them altered earlier in the housing crisis.


Mortgage - Business - Loan - Financial Services - United States


Empire State Building to get new, tall, neighbor

Wed, 25 Aug 2010 23:45:38 GMT

The Empire State Building's owner has lost his bid to stop a new skyscraper from rising in the neighborhood.





Empire State Building - Skyscraper - United States - Building Types - Arts


Administration undecided on housing credit

Sun, 29 Aug 2010 19:04:01 GMT

The Obama administration has not decided whether it should resurrect a popular tax credit for first-time homebuyers, Housing and Urban Development Secretary Shaun Donovan said.


Shaun Donovan - Presidency of Barack Obama - United States Department of Housing and Urban Development - United States - Business


Banks to allow local groups to buy foreclosures

Wed, 1 Sep 2010 16:23:02 GMT

Major banks are agreeing to give local governments and nonprofit groups the ability to buy foreclosed homes before they are sold to private investors.


Foreclosure - United States - Local government - Non-profit organization - Real estate


Sales of existing homes plunged in July

Tue, 24 Aug 2010 22:56:56 GMT

Sales of previously occupied homes plunged last month to the lowest level in 15 years, despite the lowest mortgage rates in decades and bargain prices in many areas.





National Association of Realtors - Business - Real estate - Associations - Construction and Maintenance


Ever so humble, but housing is more expensive

Tue, 31 Aug 2010 18:13:14 GMT

You look back 10 years, what did you get? A little bit cleaner and deeper in debt. With apologies to Tennessee Ernie Ford, thatâ??s a brief synopsis of how U.S. home life has changed during the past decade.


United States - Tennessee Ernie Ford - Tennessee - Government - Shopping


Pending home sales rise 5.2% in July

Thu, 2 Sep 2010 14:30:10 GMT

The number of buyers who signed contracts to purchase previously occupied homes increased in July but remained well below last year's levels, a sign that demand for housing remains weak.


Contract - Business - National Association of Realtors - Residential Housing - Construction and Maintenance


Burst of buying drove up June home prices

Tue, 31 Aug 2010 14:23:44 GMT

Home prices rose in June for a third straight month as now-expired tax credits inspired a burst of home-buying.


Home - United States - Accounting - Tax - Conferences




A Guide to Finding the Best Personal Loan Rate

Finding the best personal loan rate that you can get isn't always easy... it does, however, save you a lot of money in comparison to simply taking the first interest rate that you're offered for a loan.

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