Two of the most common choices you’ll find in the mortgage market are variable rate mortgages and fixed rate mortgages. Fixed rate mortgages are the most traditional type of home mortgage, offering a fixed interest rate that does not change throughout the life of your mortgage term.
There are a number of important advantages associated with [...]
Entries Tagged as 'Mortgage Advice'
Fixed Rate Mortgages vs. Variable Rate Mortgages
September 23rd, 2008 · 1 Comment · Mortgage Advice, Mortgage Money Saving Tips, Mortgage Rates
Tags: fixed rate mortgages variable rate mortgages
First Time Home Buyers Advice
September 23rd, 2008 · No Comments · Mortgage Advice, Mortgage Money Saving Tips
First time home buyers are especially vulnerable to taking out unsuitable or expensive mortgages – simply because they haven’t the experience to know any better. This can lead to years of higher than required payments or penalties. Sso if you’re just taking your first steps onto the property ladder it’s worth looking around and comparing [...]
Tags: first time home buyers advice
Thinking of Repaying Your Mortgage Early?
September 22nd, 2008 · No Comments · Mortgage Advice, Mortgage Money Saving Tips
So when you’re repaying your mortgage should you rush to pay it early or take your time? Let’s think about it…
For years, banks and financial advisors have been recommending that you pay extra cash into your mortgage, to cut down the huge interest amount and reduce the period over which you pay back the loan.
For [...]
Tags: repaying mortgage early
Let Me Explain What a Mortgage Broker Is
September 22nd, 2008 · No Comments · Mortgage Advice, Mortgage Brokers, Mortgage Companies
Mortgage brokers are professionals who play an important role in mediating between a lender and a borrower. Brokers collect personal information about the client for the lender including employment and medical history. They also provide the clients’ financial and credit information to the lender.
What Mortgage Brokers Do
Mortgage brokers guide customers through the process of selecting [...]
Tags: explain what a mortgage broker is·find mortgage brokers
What to Look for When Choosing a Mortgage Lender
September 22nd, 2008 · No Comments · Mortgage Advice, Mortgage Companies
Here’s some of your borrowing options when getting a mortgage…
Very few people are able to purchase a home without taking out a mortgage. first time homeowners may not know exactly where to go to get one, and with the huge amount of competition in the marketplace the many available lenders and mortgage types can get [...]
Tags: what to look for when choosing a mortgage lender
An Introduction to Mortgage Home Loans
September 20th, 2008 · No Comments · Mortgage Advice
It’s now estimated that mortgage payments in western countries such as USA, UK, and Western Europe account for 40% of monthly household expenses.
There is no doubt that your Mortgage will be one of the most serious commitments you will ever make in your life – and with the huge range of mortgage types available these [...]
Tags: mortgage home loans