Kate Ford
Her articles are dedicated to helping homeowners translate the secret language of mortgage lending to find the best mortgage rates at the lowest cost.
Kate's latest website Prime-Real-Estate-Articles.com in addition to supporting homeowners and home buyers is designed for mortgage professionals and the real estate community too.
Articles by Kate Ford
November 02, 2009
Had banks been required to maintain higher loan reserves, similar to the FHA insurance fund, they would have been able to ride out storms. Yet in some instances, banks were lending 20 times more than they had in reserves. Excessive leveraging by banks brought the real estate market to its knees. Talk about living beyond your means. Personally I'm not a big fan of government programs intended to fix business. But I can't argue a fact. FHA is the most successful government program of all time. The reason is because FHA is a program funded by consumers and FHA's insurance fund is there to cover losses.
October 26, 2009
FHA mortgage loans remain the hotbed of housing boasting minimal down payments and affordable closing costs. So what's stopping the public from gobbling up these home loans? The answer can be summed up in these two words: Simply complicated.
October 01, 2009
Global websites Prime-Real-Estate-Articles and Get-Your-Best-Mortgage-Rate both by Kate Ford are going local with the help of iShopNevada where Nevada homeowners and home buyers now have the opportunity to Ask Kate and receive a personal answer. Kate Ford, an industry insider with more than 20 years in real estate and mortgage financing, authors her websites to assist home buyers and sellers in their home ownership endeavors.
July 30, 2009
Announcing the Real Estate Directory USA by Kate Ford, where real estate agents are promoted at no charge. In addition a free link is provided to their site as a way of recognizing their contribution to America during difficult economic times.
June 08, 2009
Mortgage payment protection insurance is a new solution for those who want to buy a house but are afraid of losing a job or getting laid off. The fact is many people know that now is the ideal time for buying a house but are simply afraid of the current economic instability. Builders are leading the pack with this innovative solution to inject confidence back into home buying.
June 08, 2009
Here's why mortgage rate calculators should actually be called amortization calculators. Amortization is simply a way of reducing a mortgage debt through monthly payments of principal and interest. By the time this article concludes, you will have discovered how to put an amortization schedule to work and how to save more than $100,000.
April 19, 2009
Silently, house keys slide across a table. After the home buyer hesitantly asks, "Just like that?" a reassuring voice answers, "Yes, buying a house is just THAT easy." Well, buying a house may have been that easy but how about affording the mortgage? Discover what blew traditional lending practices out of the water and charted a new destiny for America. It's all about the mini skirt.
April 19, 2009
In light of the ease with which Joe received loan approval, there is a lingering attitude I find very disturbing. Now don't think I am advocating for Joe The Homeowner to become a victim. Because in the end, no one is responsible for Joe but Joe! But here's a peek into what mortgage investors were offering to enable qualification.
April 19, 2009
Today's gloom over the mortgage debacle has lengthened skirt hems. Extreme optimism has turned into extreme pessimism. Where did all of the Financial Flappers go with their mini skirts? They are running around pointing the finger at Joe. But I say, Joe don't allow the fear that accompanies current doom and gloom to dominate your thoughts. In fact, I have a proposal for you, Joe. Buy straw hats in the Fall.
April 08, 2009
While everyone in real estate is focusing on internet marketing to generate real estate
leads, flyers seem outdated. Paperless is the way to go! Or is it? Hold
that thought until you read this article. Then you can be the judge.
April 07, 2009
Enslaved by your home mortgage? Imagine an alternative! Think how it would feel to be more in control of your financial destiny. Your amortization schedule is the key to mortgage freedom. Get excited! It's your mortgage after all.
April 06, 2009
Here is my secret for real estate agents and mortgage brokers caught in cyclical markets. Please read carefully. To build a business that will survive no matter how moody the economy, there is one decision you can make to alter the course of your business forever. You can learn how to thrive in spite of the recession.
March 26, 2009
Are you a candidate for the mortgage modification program? Ask yourself these easy five questions to find out. Then discover the difference between paying thousands of dollars to a loan modification service or doing it yourself. Above all remember what I say. It is your home and your mortgage. No one cares more about it than you.
March 04, 2009
Here is my prediction for anyone wondering if buying a home is a smart move today. In five short years, property will be worth more than today and daily mortgage rates will have risen. Home buyers, protect yourself from the coming inflation. Don't pass by this opportunity for locking in low mortgage lending rates such as you will probably never see again during your lifetime.
February 02, 2009
Why should you pay for a home inspection? Recently I read about a couple buying their first home. They decided against hiring a home inspector even though their real estate agent advised them otherwise. They saved a few bucks not paying a professional home inspector but ended up spending thousands of dollars on repairs.
January 28, 2009
Do you know the FHA loan refinance is similar to applying for other mortgages except qualifying standards are easier and protections superior. Here are 6 practical steps the Federal Housing Administration recommends you take to determine if FHA mortgage loans are right for you.
January 20, 2009
Here are 9 steps to pay off your house. Don't panic. If you have never performed this exercise before, it might make you feel a little anxious. But don´t worry. You can start with as little as $15.
January 13, 2009
Know what you want from your home mortgage refinance before contacting a lender. A broker already understands you want the best deal. After all, who would ask for the mediocre interest rate of the day. Now for the catch. If you don´t know what you want, how will you know the questions to ask? Here is the secret to a successful mortgage rate refinance.
January 05, 2009
Your friends are buying a house. You've probably heard them routinely complain how their real estate agent doesn't do enough for them. But if they understood how to signal their agent, it would be easy to to benefit from her expertise. Here are 12 signals to send a real estate agent.
December 22, 2008
Evaluating a refinance is difficult for most homeowners. So when borrowers don't end up with the interest rates quoted over the phone, they often feel they have been misled. Discover the refinancing secret to saving thousands of dollars, the most important question to ask a mortgage lender.
December 20, 2008
Buying a house is all about comparison. In order to compare homes it is wise to have a system. Most likely, you have narrowed down your search to homes similar in price. Now you need this additional criteria other than price to avoid confusion. Good luck and happy home shopping.
December 20, 2008
Everybody wants a deal when buying a house. And why not? For most people it is the biggest purchase of their life. But buyer beware! There is another bargain you need to find before you shop for a house.
December 01, 2008
Avoid this big mistake the next time you are buying a house. Relying alone on your gut feeling can often be misleading. Learn how to prepare a home buyer checklist and keep your search for the perfect house on track.
November 24, 2008
Buying a house provides serious tax shelter advantages. Expenses related to home ownership can be tax deductible. An additional advantage to owning a home is the tax-free sale. The next benefit you can enjoy is the ability to borrow tax-free against home equity without having to sell your house. Home ownership should be a priority of every personal financial plan.
November 18, 2008
Buying a house is probably the biggest purchase you will ever make and largest tax shelter you will ever enjoy. Imagine what it would be like when it came time to sell your house if the money wouldn't have to be designated by the government for any purpose. Well, it doesn't. It is yours to keep and use at your discretion.
November 10, 2008
Here is the best mortgage advice. A house appraised too low is just like everything else in life, an opportunity for something better. This could be your lucky day.
November 09, 2008
Discover how to begin the process of buying a house. Learn to pinpoint what you are really looking for and the two most important people in your quest. Above all, remember to have fun!
November 09, 2008
When buying a house, the basics begin with desire. That's because owning a home is part of the American Dream. Fortunately that dream is attainable for most families. Discover seven steps to transforming desire into the reality of home ownership.
November 09, 2008
Imagine it is 1934. The United States is in the depth of the Depression. Buying a house no longer is a reachable dream for America. Out of every ten households, only four own their own homes. The federal government creates the most successful government program in history, the Federal Housing Administration, also known as FHA mortgage loans. The purpose still today - to revive the dream of home ownership.
November 09, 2008
Everyone knows the housing market is in the dumps. For sellers that hurts. For anyone buying a house, it could be an ideal time to get serious. But here is the question. When is the right time to buy? Those who follow these 5 simple steps will be prepared to purchase a home when the time is right.
November 09, 2008
Use these simple ideas to compare mortgage rates and mortgage companies. Follow my 8 easy steps. You will greatly improve your chances of finding the lender that is best for you.
November 10, 2008
It's time for buying a house. Let's compare new home buying with purchasing a resale. When it comes to older versus newer, taste is the all-important qualifier. The easiest way to decide is to get out and compare. Once you look around, who knows. You may surprise yourself.
November 09, 2008
Here are three little known secrets to refinancing a home for low mortgage payments and your best mortgage rate. These secrets may seem like common sense to you but the best kept secrets are the ones often hidden in plain sight.
November 10, 2008
Consider the 15 year fixed rate mortgage for those of us who prefer the dream of being mortgage free before we die. Sure, your mortgage payment is higher with a 15 year fixed rate mortgage but you'll pay it off in half the time compared to a 30 year term. Now that's no oxymoron!
November 09, 2008
Whether or not you have children, nearby schools are an important consideration for buying a house. So, how do you find out about schools? Learn how to research the quality of schools and where to find the best critics. Because when it comes time to sell your house, you'll be glad you considered the schools.
November 09, 2008
Americans live varied lifestyles so when buying a house, it is important to examine preferences . Beside issues like being near to work and school, there are other important reasons to decide where you want to live. Ask yourself this question before you decide on a location. Do I feel at home here? If you do and it meets your major lifestyle requirements, you have found a great place to live.
November 09, 2008
Discover the incredible tax advantages of buying a house and becoming a home owner. One way to look these deductions is simply that the U.S. Government is helping you pay your mortgage and property taxes.
November 09, 2008
Often the most difficult part of buying a house is knowing where to begin. Focus on deciding your housing needs before you begin your search. Then build a wish list too. Both checklists are important. Above all, decide you are going to have fun.
November 09, 2008
I believe that buying a house should be fun and exciting. After all, it will probably be the most significant and most expensive purchase that you are ever going to make. So why not work with a real estate agent you feel comfortable with since you are likely to be in contact with her on a daily or weekly basis for several months. Make your transaction easier by following these tips on what to look for in an agent.
November 09, 2008
When it comes time for buying a house or to sell your house, here is an important proverb used to define the value of a home. The worth of a home is determined by the price a willing buyer pays a willing seller. You will never get an accurate estimate of value by searching the newspaper. You can do much better than this.
November 09, 2008
FHA home loans are taking off according to National Mortgage News Online. There is a trend developing and there's a good reason why. FHA mortgage loans allow lenders to offer mortgage products with low down payments that a lending institution might not otherwise offer. Here is how FHA lenders decide how much you can afford to borrow.
November 09, 2008
Buying a house is the core of the American Dream. Ultimately, having a place that we call our own makes us happy. Isn't home ownership what our forefathers meant when they wrote in the constitution that we have the right to life, liberty, and the pursuit of happiness.
November 09, 2008
Wouldn't it be amazing if Congress wanted to help you with buying a house. This newest act of our government for the weakened housing market is a reaction to the SOS being sent out by plummeting home prices.