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George Purdy's Articles in Mortgages

  • Home Mortgage: Learnings From The Sub-prime Financial Crisis
    Today’s sub prime mortgage problem brings attention to the need to be better informed when signing a mortgage. It is essential that you fully understand the complete document you are signing, including the type of mortgage and the taxes involved. When you have a good understanding, you are better able to make a wise choice.
  • Home Mortgage Know How For New Buyers And Refinancers
    Home mortgages have been in the fore front of the news recently. There are significant problems in the mortgage industry caused by rising rates. Many home owners signed for loans they could not afford. These loans had an adjustable rate. There are an increasing number of home owners defaulting and going into foreclosure. Some home owners are refinancing just to keep their home.

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