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Fidelity Mortgage

Fidelity Mortgage - Grand Junction Colorado

Fidelity Mortgage Grand Junction was founded with the philosophy that the customer should always come first in mortgage lending. Since our doors ...

What to consider when deciding whether to rent or buy

It's important to know how long you plan on staying in the area. When buying and selling a home, the fees, including appraisal, inspection and mortgage origination, can add a few thousand dollars to the price. The longer you remain in the house, the better your chances of your home's value appreciating enough to offset those costs.

According to Trulia, homeownership is less expensive than renting in the 100 largest metropolitan areas - assuming you stay in your home for seven years, can afford to put 20 percent of the purchase price down and secure a 30-year fixed-rate mortgage.

Nadel did not have a lot of money to put down, but she qualified for assistance on her down payment and closing costs through the state. But does the financial advantage of owning still hold up without a 20 percent down payment?

"In most places, even if you put 10 percent down or 5 percent down, it still is going to be a better deal to buy," said Ralph McLaughlin, chief economist at Trulia. "Even if you have to pay private mortgage insurance and even if your interest rate is higher, the equity you gain from paying down principal and appreciating house prices means that at the end of seven years, you come out ahead.

FNF Group of Fidelity National Financial (FNF) Scheduled to Post Quarterly Earnings on Tuesday

FNF has been the topic of several recent research reports. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $44.00 price objective on shares of FNF Group of Fidelity National Financial in a research note on Monday, December 18th. ValuEngine raised FNF Group of Fidelity National Financial from a “hold” rating to a “buy” rating in a research note on Friday, November 10th. Zacks Investment Research raised FNF Group of Fidelity National Financial from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a research note on Friday, December 29th. SunTrust Banks reissued a “buy” rating and set a $41.00 target price on shares of FNF Group of Fidelity National Financial in a research note on Friday, October 20th. Finally, Barclays set a $46.00 target price on FNF Group of Fidelity National Financial and gave the company a “buy” rating in a research note on Friday, January 12th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $44.00.

Fidelity Mortgage sells a mortgage on Doug's home to Enterprise Bank.Enterprise erroneously pays the real esta

te taxes on the home. When Enterprise demands reimbursment, Doug refuses, arguing that no contract exists that obligates him to reimburse the bank. What legal theory might Enterprise use to get its money from Doug?


Was there an escrow account set up for taxes in the original loan with Fidelity? If not, chances are Doug also paid the taxes to the county unless Enterprise brought it to Doug's attention that they had already paid them.