Mortgage Loans -Refinancing Your Mortgage is on the Rise

Long term mortgages rates are remaining relatively low. The average rate for a thirty year loans is approximately 6.2%. Since home equity loans and lines of credit have their interest most often tied directly to the prime rate, they have gotten more expensive since the prime is now over eight percent.

Many customers prefer to have a fixed rate loan than risk their economic future on fluctuating rates that can continue rising in the future. Freddie Mac says 89% of the loans it owns that were refinanced in the third quarter of 2006 had amounts at least five percent higher than the original mortgage balances.

For more of this article and more visit MortgageLoan

Identity Theft - Ongoing Credit Threat

Several months ago, the personal information of our veterans was compromised. There are approximately 26.5 million names in the database at risk. This means that they could become the victims of identify theft.

In 2005 the average loss experienced by identity theft victims was more than $6,000.00 as determined by a study completed by Javelin Strategy & Research. They indicate it cost the victims approximately $400 to remove inaccurate information, close or change their credit card accounts and complete all the necessary documentation.

For ....more

Nancy Woodward, better known as the million dollar referral lady, is a Real Estate and Mortgage Professional. You can discover how to achieve financial prosperity by subscribing to her online newsletter to help you better manage our mortgage and real estate properties.

Save Money in Your Home Easily

You can save some of both with a little effort. Energy bills rise as the rates move upward. So why not make an effort to conserve your hard earned money and as a byproduct, help the environment at the same time?

1. Reduce wasted energy

Limit showers. Use a simple timer - thirty minutes is the max. Since water heaters suck energy, this will help. Just maintaining the temperature of the water in the water heater drains your energy. When you empty it and refill, you just keep the clock on the meter moving upward.

There are systems on the market today that don't use tanks!! Bosch has a system that creates hot water on demand. These units start at about $500 but there is a tax credit available and the long term savings must be considered.

For the entire article visit ...RealEstateDirectory

Renting and apartment, condo, house might be the right thing for you to do at certain times in your life. Long term, homeownership provides more benefits and may outweigh the advantages of renting.

In general the house market is remaining strong. Real Estate investments are expected to double by the end of the decade. This is the best time to be in the real estate market and is one of the best for the housing market in general .....More

Nancy Woodward better known as The Million Dollar Referral Lady strives to provide you with information to improve your financial position in Real Estate.

Benefits of Incorporation

Benefits of Incorporating Your Own Business

If you have a small business or starting one in the near future, it is important to look into the benefits of incorporation. The government provides benefits to companies that incorporate their businesses with tax breaks, limits in liability and benefits for employees.

The Ease and Benefits of Incorporation:

Incorporating your business is a very simple process that takes a small amount of time and can cost less than $500 to complete with the help of a lawyer. You can also incorporate your business on your own without the help of a lawyer by purchasing an incorporation book. These books show you the exact forms that need to be completed and the process to register your business with your state government. Incorporating on your own can cost less than $200.

Incorporating your business is an extremely safe and secure way to limit the financial liability of its owners. If your incorporated business fails, you the owner are not responsible. Your business, which is seen as a private entity, is responsible for its losses.

Corporations also include great tax benefits. You may be able to save money on business expenses, travel expenses, entertainment and other related expenses by controlling a corporation. If you purchase healthcare, your business can save on the considerable costs to provide it. So if you have a small business or are thinking of creating once, look into incorporation.

You can create a normal corporation, or perhaps consider a Sub-Chapter S corporation. The additional benefit of Subchapter S corporations is that the income and loss pass through to the owners.

For more articles relating to business and real estate visit Nancy’s newsletter at Milliondollarreferrallady or for information on mortgages Mortgages for articles relating to mortgage financing. Nancy is an accountant and real estate professional with an interest in both subjects and currently conducting interviews for future articles.

Credit Scores are so important

Credit scores are so important to your financial health. The subject is daunting. I've written an article to help explain the basic functions.

To read the article and/or sign up for the newsletter, visit RealEstatelady

Real Estate Ownership is the American Dream with Large Debt Attached

The heart of the American Dream is home ownership. You begin by making a conscious decision toward home ownership. This is just the first step in the process.

Of course, for you to reach this goal, you must find a way to pay for your asset. Since most people are unable to save enough to pay for their first home outright, they must find a means of financing it. There are several things you should consider before you start this process:

1. How long have you been employed.
2. Have you created a good credit history.
3. Do you pay your bills in a timely manner.
4. Can you afford to increase your debt level at this time.
5. Have you obtain a current credit report, reviewed the information, and believe it is accurate.

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Nancy Woodward is a Real Estate Professional and business writer. Her online newsletter provides Mortgage and Real Estate Information, Resources and products for your financial prosperity.


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