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Mortgage News for Saturday - March 5, 2005

More Mortgage News
• Savings are under your nose -- at home
• Questions for house buying
• Credit reports offered for free
• Identity theft easy; repairing its harm nearly impossible
• Weather soaks home sales
• Details: Comparing costs of home loan options
• Aspiring homebuyers should protect themselves
• As housing booms, creativity blooms in mortgage market
Mortgage News
Aspiring homebuyers should protect themselves - 2005-03-05
Whatever type of loan a homebuyer shops for, lenders and credit counselers agree that the borrower needs to understand the terms of the loan and that it is both the borrower's and lender's responsibility to ensure that happens.

With the strong housing market, mortgage lenders have "come out of the woodwork," and Grieger said she has heard stories about unscrupulous lenders misleading borrowers. While she thinks that's rare, she said she believes it does happen.
Read the full story at Lincoln Journal Star
 
As housing booms, creativity blooms in mortgage market - 2005-03-05
Want to purchase a home before interest rates go up, but there's no money for a down payment.? No problem. Got your heart set on a home that's a little out of your price range? No sweat.

Depending on your situation, there's most likely a mortgage product out there for you, say local mortgage lenders.
Read the full story at Lincoln Journal Star
 






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