The answer depends on several factors including your financial situation. Lets take a look at the main differences between the two types of mortgages.Fixed Rate MortgageTwo major components that are needed to compare fixed rate mortgages are the interest rate and the points. Points are fees paid to the lender... Read More
If you've got a few things around the house that you'd like to spruce up but don't have the money for, you might want to consider getting a home improvement loan. As the name implies, a home improvement loan is designed to pay for improvements to a house or other... Read More
When going to refinance or get a mortgage loan quote, the internet can be a useful tool to shop around for the best interest rate. The reason the internet is a good place to start applying, is because most mortgage applications online do not typically pull your credit with the... Read More
A home equity loan can be an excellent way to obtain money in order to pay off high interest bills or consolidate your current debt into one monthly payment. A home equity line of credit is a form of revolving credit in which your home serves as collateral. Because the... Read More
Hopefully your ego has never had to experience the words, "It's okay honey. Size doesn't matter." After all, what's important is the quality right? In a perfect world, perhaps this is true, but in the realm of mortgage refinancing, what is best is usually based on length. Let me explain.The... Read More
With the low interest rates being offered by lenders today, now can be the perfect time to refinance your existing mortgage. Remember that you do not have to refinance your home through the same lender that provided your initial mortgage. Lending institutions are offering competitive terms and rates, with some... Read More
Here is a useful guide to the different types of Mortgage Interest Rates that are available. Mortgage Lenders offer all kinds of different deals when it comes to the interest you pay on your mortgage. Sometimes you may have a choice, sometimes you may not.Your mortgage is probably the biggest... Read More
Have your home's appreciation grow twice as fast.For Seniors over the age of 62 a Reverse Mortgage is a tool that, while new to many, is increasingly being used to maximize their retirement income. A Reverse Mortgage frees up large amounts of equity to be used in investment vehicles, insurance... Read More
Interest rates and fees vary between subprime lenders just like regular mortgage lenders. Just because you have bad credit, that doesn't mean you should accept the first financing offer from a subprime lender. Take the time to do your research, and you can make sure you are getting the best... Read More
Your goal is not only to find the best rates and programs, by searching through a huge number of lenders products, and save yourself thousands of dollars on mortgage payments every year, but also, to save time and hassle by simplifying the loan process and reducing the paperwork. Here are... Read More
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Okay, you've decided to buy a home and are trying... Read More
You've been thinking about buying your own home for quite... Read More
In previous decades, when a borrower missed a payment on... Read More
If you watch enough late night television, you'll see advertisements... Read More
Private mortgage insurance, or PMI, is the safety net of... Read More
You bought a house and you were promoted to the... Read More
There are currently more than 50 million home mortgages in... Read More
The prospect of mortgage debt elimination is something that many... Read More
When looking at tips for first time home buyers, you've... Read More
Buying a home with bad credit doesn't have to stop... Read More
I have a lot of friends and family who are... Read More
Buy-to-let took off during the 1990s with the increasing availability... Read More
Home prices have reached record levels, and in many parts... Read More
Since the demise of the stock market in 2000, the... Read More
A new survey reveals that in the last five years,... Read More
Anyone planning to take out a mortgage for the first... Read More
Why is it that some homes sit on the market... Read More
A quickly growing trend in lending is the online homeowner... Read More
A capped mortgage is a variable rate mortgage with a... Read More
In today's overheated housing market, lenders are making it easier... Read More
A mortgage lead is an exciting thing because you are... Read More
Bridging finance is a short-term loan that is used as... Read More
Before you start looking for a home, figure out what... Read More
A pension mortgage may seem lucrative at the first sight.... Read More
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When you are hunting for a mortgage, you will find... Read More
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Imagine paying your mortgage off in 15 years! Think of... Read More
There are many reasons to use the internet to take... Read More
What could you do with $10,000? Well, you can have... Read More
If you in the process of looking for your first... Read More
Buying a Home for the first time can be a... Read More
As loan officers, the word "lead" is by far one... Read More
If your mortgage company is threatening foreclosure, there are things... Read More
A house is just perfect with chipped walls and broken... Read More
I read a press release the other day which points... Read More
Real estate lenders now offer mortgage loan quotes and application... Read More
Most people choose a home owner loan as it can... Read More
Some people in the real estate industry have a terrible... Read More
"Instant Approval For Home Loans" is a common refrain for... Read More
If you have bad credit history, no down payment or... Read More
Using a home equity loan really depends on what your... Read More
Mortgage cycling is a system that relies on solid budgeting,... Read More
A secured home loan differs from an unsecured loan in... Read More
Being a creature of habit can cost you plenty when... Read More
Before you consider taking out an interest-only mortgage, you should... Read More
A pension mortgage may seem lucrative at the first sight.... Read More
I have written many articles on refinancing a fixed rate... Read More
A home equity loan allows you to cash-in on the... Read More
As a first time home buyer, there are several things... Read More
A 2nd mortgage loan after a bankruptcy is possible in... Read More
At some point as you're writing out your rent check,... Read More
Okay, you've decided to buy a home and are trying... Read More
If you as an investor understand the process, you will... Read More
Reverse mortgages used to be considered the last resort of... Read More
If you buy new windows, you'll not only pay for... Read More
Financing your new home loan online can save you time... Read More
To paraphrase an old familiar quote that goes "there's gold... Read More
Almost two thirds of first time buyers accept the first... Read More
A VA guaranteed mortgage is the usually the best way... Read More
Mortgage advice overwhelming you? Many people get advice from everyone... Read More
Home equity loans are a popular way for homeowners to... Read More
With the many different kinds of mortgage loans out there,... Read More
A pre-approved mortgage is a must in a competitive housing... Read More
A few years ago, if you had a bankruptcy or... Read More
As interest rates have risen in the last six weeks... Read More
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