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Tag Archives: Mortgage Refinancing

The Basics of Mortgage Refinancing

A recent run of low interest rates fueled a huge boom in refinancing that allowed many people to accomplish two things. They were able to take money out of their houses to use for other things and lower their interest rates on their mortgage. Here is a brief on mortgage refinancing.

Definition of Predatory Lenders (Ethics and Tactics)

Predatory Lenders is a term to describe so-called banks, private lenders, or lending institutions that take part in shady lending. These predatory lenders take advantage of “low information” borrowers (which is actually the majority of borrowers) who don’t understand the contents of a loan agreement which has hidden clauses in it. These clauses set up [...]