Category Archives: Finance

General financial category

Don’t Get Caught Flat-Footed When Mortgage Interest Rates Start Climbing

We’re always on the lookout for new products and services for our customers.  Here is another service for our NJ customers.  Call him and tell him that The Iwaniw Team sent you. My name is Greg Vrecenak and I am … Continue reading

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Upcoming FHA Changes Affecting Home Buyers

If you own a home and have an FHA insured mortgage, you should look into refinancing before the changes go into effect. If you wait until after the changes take place, your refinanced loan will likely carry mortgage insurance (MIP) … Continue reading

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What Lenders Want: How To Negotiate Better Prepayment Options

By Stephen B Weissman Real estate lenders frequently use techniques known as a “yield maintenance prepayment premium” and “defeasance” to limit the financial risks they otherwise would face from prepayments of their loans. A yield maintenance provision in a commercial … Continue reading

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