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 Money Saving Tips'
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
Top 6 Ways To Save Money On Mortgages
September 20th, 2008 · No Comments · Mortgage Money Saving Tips
For most people, a mortgage represents their deepest financial commitment, yet many do not take a few moments to pull up a plan in order to slash their mortgage costs. That’s a shame, because thousands of people could significantly reduce their mortgage commitments by following the below advice:
1. Understand What Type Of Mortgage Is [...]
Tags: save money on mortgages