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The Worst Mistake of Mortgage Borrowers
February 19, 2001 ?What?s the worst mistake mortgage borrowers make??     The worst mistake by far is making decisions based solely on the affordability of monthly payments, without considering ... more...

Questions About Mortgage Interest Rates
4 October 2001, Revised 11 November 2004, Revised February 22, 2005 "Do declining bond prices cause interest rates to rise?" No, declining bond prices are higher interest rates.  Suppose on Monday the US Government sells a one-year note at 5%, meaning that an ... more...

short term mortgage related definitions

Baloon Mortgage
Baloon Mortgage Baloon Mortgage is usually a short-term fixed-rate loan which involves small payments for a certain period of time and one large payment for the remaining amount of the principal at a time specified in the ... more...

Mortgage Banker
Mortgage Banker Mortgage Banker providing mortgage financing to borrower with its own funds. Some mortgage bankers do provide long term (permanent) financing, the majority specialize in short term financing. However, mortgage companies often loosely apply this term to ... more...

More about short term mortgage

Homebuyer Heaven Cant Possibly Last
With interest rates at record lows over the past year, theres really only one way for them to go, the only question is when. Most experts agree that rates will remain fairly stable in the short term, at least until the end of the year, and some believe they will even decrease slightly. However, the ... more...

Why Starve Your Needs When Payday Loans are there to Gratify Them
The long awaited paycheque is finally here. However, the reverie with the paycheque is not expected to last long, because of the various expenses yelling for their fulfilment. Having spent a major part of his income the individual is left with nothing or very less to tend even to the day-to-day ... more...

Top 10 Things to Consider on Home Loans
Here are our Top 10 most important things to consider when shopping for a Home Loan, Equity Line of Credit, or Refinance, courtesy of Loans-Directory.Org:Down-PaymentFixed Versus Adjustable RateAPRLoan TypesLoan Amount Qualification, IncomeLoan Amount Qualification, ExpensesEmployment and Credit ... more...

Bridging Loans - Fulfilling Financial Shortfall between Real Estate Transactions
You are trying to buy a new property and selling the current one to raise money for the new purchase. It is usually difficult corresponding sale of one property with the buying of another. This almost always leads to financial gap. For this particular circumstance bridging loans are organized ... more...

Home Buyers Face Decisions that Affect Their Long-Term Financial Picture
Taking the step for prospective home buyers.into home ownership is one of the most important financial decisions a person will make in their lifetime. There are many factors to consider when embarking on this venture. Literally hundreds of loan programs are available, and it is important to find ... more...

What is Bridging Finance?
Once you understand what the term, Bridging Finance means, its easy to understand how it got its name. The purpose of a bridging or bridge loan is to provide short term cash for a real estate transaction until permanent financing is secured. Bridge loans are commonly used to bridge the cash gap ... more...

Introductory Offer Vs. Lifetime Low
What is an introductory offer?When you take out a mortgage or move your mortgage, your proposed lender may offer you an introductory home mortgage rate. Introductory offers are normally in the form of a reduced interest rate; the most common form is a set percentage below the standard interest rate ... more...

Bad Credit Refinance 101: The Hows and The Whats
If you are like every other home owner or general consumer out there, you need to pay for your expenses somehow. If you have bad credit, you might be limited in your options as to what you can do (or so you thinkkeep reading!). This can be especially annoying to homeowners who want to refinance ... more...


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