By: Hunter Lending Team As the cost of houses continues to increase, fewer people are able to afford them. Many creditors have responded to this situation by creating a new class of mortgages that are quite risky.
By: Hunter Lending Team When you've taken out a mortgage you've make a long-term commitment to maintain the monthly repayments for the full duration of the mortgage. That's going to be over many years but you're making that commitment without the benefit of a crystal ball – no one knows how your circumstances are going to change, for good or bad. So that must represent a big risk. Mortgage Payment Protection Insurance (MPPI) is one of a range of insurances that includes life insurance and critical i...
By: Hunter Lending Team If you have looked into wealth building strategies, you have undoubtedly stumbled upon the raging debate over prepaying one’s mortgage. Here is the objective scoop.
By: Hunter Lending Team Reverse mortgages are designed for senior citizens who own their homes and seek to convert part of their home equity into a monthly income.