Subprime Mortgage Loans - New Article Posted

Subprime lending and subprime mortgages have been in the news a lot lately. They usually piggyback on a news story about the current spike in home foreclosures.

People default on mortgage loans (and go into foreclosure) for many reasons, so it's possible to put blame onto any one item. But one thing is perfectly clear -- there is certainly a connection between the number of foreclosures in this country and the rise in subprime mortgage lending a few years ago (and still going on).

So what are subprime mortgage loans, and how do they relate to foreclosures? And if you find yourself in a subprime lending situation, how can you protect yourself from becoming another foreclosure statistic?

These are the questions we have tried to answer in our latest home-buying tutorial:
A Guide to Subprime Mortgage Loans

Happy home buying!

~Brandon