Having Mortgage Calculators Calculating The Best Loan Option
You need to use more than a mortgage calculator to find out which is the best plan for your needs. Here you have a quick guide to help you decide on the best plan for you.The Different Types Of Mortgage Loan OptionsSo you have decided to purchase your own home and you need to find out which type of ... more...

Mortgages For Dummies: Mortgage Term Length
Mortgages are the most intimidating aspect of home ownership. Choosing the wrong mortgage can cost you thousands of dollars and possibly one day, your home. You need to do your homework before shopping for a mortgage loan.Term length is an important aspect of your mortgage. The term will ... more...

First Mortgage Rates
Mortgage rates vary depending on several factors; this article will discuss how they vary depending on the type of mortgage one chooses.Mortgage rates that depend on the lump sum of down payment vary according to this amount. Going for loan at a higher interest rate will cost one less now, but ... more...

Home Mortgages: Does a No-Closing-Cost Loan Make Sense for You?
I have heard a number of radio ads and have seen many newspaper ads offering no closing cost home mortgages. These ads will tell you that you can get a new mortgage or refinance your existing mortgage at absolutely with absolutely no closing costs.. There are no points, no charges for an appraisal, ... more...

Why Refinance Back into a 30-Year Loan?
One of the biggest reasons homeowners refinance their mortgage is to obtain a lower interest rate and lower monthly payments. By refinancing, the borrower pays off their existing mortgage and replaces it with a new one. This can often be accomplished with a no-points no-fees loan program, which ... more...

Can The Home Loan That is Best For Your Bank Also Be Best Mortgage For You?
A Bank is a Business and they make their money on Markup just like any other business. In the Case of a Bank Loan the Markup is really the Spread (Difference) in the interest rate the bank pays and the interest rate the bank receives. So the loans with the biggest Spreads are best for your bank. ... more...

Florida Mortgage Rates
Mortgage rates in any market typically vary weekly or even daily. For the month of October 2005, interest rates for a 30-year fixed rate mortgage averaged slightly below six percent, which is comparable to the national average for the same period. Average interest rates for a one-year adjustable ... more...

Home Loans and Mortgages The Selection Can Be Bewildering
For years, when someone wanted to purchase or refinance a home, the choices were simple. The buyer chose either a 15-year fixed-rate mortgage or a 30 year fixed-rate mortgage. That was it. Of course, those were also the days of twenty percent down payments, which seriously hindered the ability ... more...

40-Year Mortgages: An Alternative to Interest-only Loans?
Interest-only loans are quickly becoming a mainstream loan product. Borrowers who were initially turned-off by the perceived risk associated with an interest-only loan are now starting to see the benefits: Lower payments, less money tied up in equity, more flexibility, etc.For the savvy borrower, ... more...