How to Compare Brokerage Firms

Most brokerage firms, big and small, offer online accounts. Large banks and brokerage houses typically offer costumers the option of personal management of the account with a single broker, online services or both. Some discount-oriented firms operate only –or nearly exclusively –online. Ultimately, you need to assess which type of investor you are before settling […]

What Are Points in the Mortgage Procedure?

Non-existent in the mortgage industry till the1970s, points have become a significant income source for banks and other lenders. The ability to charge more points, along with the borrower's openness to pay them, can significantly increase the expense of getting a mortgage. Some borrowers pay more points in return for a lower rate of interest. […]

What Happens at Foreclosure Auctions?

If a homeowner could 'won or t 't keep up with mortgage payments, his house can end up in foreclosure. This means is that the lender holding the mortgage will attempt to repossess the house. Often, the lender then attempts to sell it off, many times in a special foreclosure auction. The majority of the […]