Huntsville Alabama Real Estate Blog / What is Negative Amortization?Posted by Lenny Kelman After posting an explanation on adjustable rate mortgages, I have been asked what a negative amortization loan is. Here is a brief overview:A negative amortization loan is an adjustable rate mortgage that allows the consumer to tap into home “equity” by offering [...]
Archive for the ‘Huntsville Real Estate’ Category
Huntsville Alabama Real Estate Blog / What is Negative Amortization?
Posted in Huntsville Real Estate on March 17, 2007 | Leave a Comment »
Huntsville Alabama Real Estate / National Economic Conditions
Posted in Huntsville Real Estate on March 8, 2007 | Leave a Comment »
This week brings us the release of four factual economic reports to be concerned with along with the minutes from the last FOMC meeting. Two of the three reports are considered to be only moderately important while one is of low importance to the bond and mortgage markets. Still, the last report of the week [...]
Huntsville Alabama Real Estate; Rates Heading Down This Year?
Posted in Huntsville Real Estate on March 1, 2007 | 3 Comments »
Rates Heading Down This Year?
The recent decline of the stock market may be an early indicator of what is coming for the remainder of the year. If the correlation between the NAHB’s Housing Market Index and the S&P 500 Index holds true, we may see substantial decreases in home mortgage rates in the coming [...]
