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Mortgage frauds committed by the lenders are not very rare in the country. Over the past few years, reports of mortgage lenders committing frauds have come to the fore on many occasions.

In the home buying process, both home appraisal and home inspection are very important. These actually help you make the decision whether to purchase a house or not. Home appraisal helps you find out the value of a home.

Medical bills should not be ignored in any way. This is irrespective of whether you are disputing this with your health insurer or doctor. If you ignore your medical bills, you will have to deal with a bad credit later on. In the recent times, medical debt is one of the most common type of collection account in most credit reports. Medical collections will have a severe negative impact on your credit situation. Many consumer advocates have opined that medical bills do not always reflect the credit risk of a person. So, it will be better to completely exclude them from credit reports.

London Interbank Offered Rate (LIBOR) is the average rate of interest at which banks borrow money from other banks in the London Interbank Market. This rate is fixed by the British Bankers' Association on a daily basis.

Energy efficient mortgage (EEM) or green mortgage is a new concept that many environmentally conscious individuals have not even heard of. It's not a marketing effort.

Halloween is one of the most enjoyable times of the year – both for the young and the old. The lovely costumes and the delicious food attracts one and all.

-->Taking out a mortgage loan to finance the purchase of a home is a big investment. In addition to the required down payment amount and the mortgage rate of interest, a mortgage loan involves several other costs. Before taking out a mortgage loan, you should be well aware of all the costs associated in a loan.

The recent economic recession has proved one thing that saving money is important. If you have a good amount of savings, then it will be easier for you to manage sudden medical emergencies like a car repair, traffic violation, medical bill, etc.

For the first time in 17 years, the US government sector has come to an impasse over the discord between the Democrats and the Republicans on the health-care law, dubbed as the Obamacare.

If you are facing trouble in continuing with making mortgage payments and looking for better mortgage terms and conditions, then one option available before you is to opt for mortgage refinancing.