Shoprate.com's Mortgage Learning Center

Thanks for visting ShopRate.com's Mortage Learning Center. Here you will find great content and information to help you understand everything you need to know about mortgages and interest rates. Scroll down to see our new articles, use categories on the left to navigate to an area of interest or use are convenient search feature below to quickly find what you are looking for.  Search Learning Center:

New Articles:

Alabama State Foreclosure Information
Alabama Foreclosure Information: -  Non-Judicial Foreclosure: Yes -  Foreclosure Action: Publication -  Security Instruments: Mortgage -  Timeline: 7 Months -  Right of Redemption: 1 Year (12 Months) -  Homestead State: Yes -  Standard Attorney Fees: $550.00

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Should I sell my home on my own?
Thinking of selling your home but not sure whether to hire an agent or “do it yourself”? There are advantages and disadvantages to both. Sure, you could save about 7% in fees by selling on your own but is the stress really worth it? Selling on your own also leaves most of the advertising costs, marketing, paperwork and legal forms on the shoulders of the seller. Unfortunately not properly filling out paperwork or not fully disclosing information or overlooking something may often times end up in legal suits from buyers.

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How to Pick the Best Sales Price to List Your Home and Sell it Quickly
If you are looking to sell your home, how do you determine at what price you are going to list the property for sale? If you are working with a Realtor, you would be wise to listen to their suggestions. You also have to consider numerous other factors involved in the pricing process.

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What Makes Commercial Loans Different from Residential Loans
The basic difference between commerical and residential loans is the main use of the property.  Residential loans are used to typically finance homes in which you reside, owner occupied.  Commercial loans are used for typically income producing properties that are typically non-owner occupied. 



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Senate passes the Housing and Economic Recovery Act
The Senate passed the Housing and Economic Recovery Act by a vote of 72-13.  This landmark legislation is designed to help thousands of Americans who are struggling with the looming threat of foreclosure to keep their homes. It also will help the homeowners and communities who are struggling with the devasting effects of foreclosures recover more quickly.

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