Category: Mortgage Debt

  • Understand Your Options to Avoid Foreclosure

    Even though experts agree there is no chance of a large scale foreclosure crisis, there are a number of homeowners who may be coming face-to-face with foreclosure as a possibility. And while the overall percentage of homeowners at risk is decreasing with time, that’s little comfort to those individuals who are facing challenges today. If…

  • What If I Wait Until Next Year to Buy a Home?

      Good News: Increases in home prices and historically low interest rates means you can be a home buyer now! I recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low. This has allowed many buyers to enter the market. This is good news! As…

  • Is Family Mortgage Debt Out of Control?

    Good News: Family Mortgage Debt is Not Out of Control! Some homeowners have recently done a “cash out” refinance. They have taken a portion of their increased equity from their house. Others have sold their homes. They have purchased more expensive homes with larger mortgages. At the same time, first-time buyers have become homeowners. They…