borrowing

Cross-collateral loans are valuable lending tools that can be used to a lender’s advantage. Everyone knows that if you fail to pay your mortgage, the lender has a right to foreclose on a borrower’s property and recoup its money. As an example, if a borrower were unable to pay their mortgage, the lender could be …

Cross-Collateral Loans: What Are They and How Do They Work? Read More »

The Federal Reserve’s increase of interest rates a few weeks ago has spurred many homebuyers into action for fear that the continuous lowering of interest rates may have come to an end. Even so, borrowing costs for banks is at the lowest level since 2008, and even mortgage rates for borrowers with damaged credit have …

Home Buying Demand Increases Due to Interest Rate Fluctuation Read More »