Understanding Mortgage Basics
As common as mortgages are, there are a surprisingly large number of us who are under false impressions about the way they function, and what they actually are. For one thing, though we do commonly call mortgages home loans, this is not at all what they actually are. In fact, mortgages arent ... more...

Understanding Buy to Let Mortgage Rates
If you are a newcomer to the buy to let market; its easy to feel that everybodys speaking a foreign language. Follow our straight-talking guide for a jargon-free look at UK buy to let mortgage rates:Standard Variable Rate Buy to Let Mortgages: The interest on a SVR mortgage is set by the lender and ... more...

Understanding Home Loan Refinancing Costs
Because of declining mortgage rates, many homeowners are choosing to refinance their home loan. If your home was purchased when rates were much higher, you may benefit from a new mortgage. Although refinancing is an attractive mortgage feature, it is not always the best option. Before ... more...

Understanding Fixed-rate Mortgages
A fixed-rate mortgage is a mortgage on which the interest rate is set for the term of the loan. Your interest rate stays the same for the term of the mortgage or for a specified period of time. Most people use a fixed-rate mortgage. In fact, about 75 percent of all home mortgages have fixed rates. ... more...

The Home Buyers' Guide To Understanding Mortgages In Amsterdam New York
Mortgages are not one-size-fits-all propositions. You truly need to do your homework before signing a major contract. If you bite off more than you can chew, you may lose your good credit status, as well as your home. One of the first steps you can take is to audit your finances. Know what you can ... more...

100% Mortgage Financing - Understanding Zero Down Mortgages
100% mortgage financing can help you buy a house with little out of pocket expense. So whether you are a first time homebuyer or an investor, you can easily purchase a home. But not all zero down mortgages are the same. So you need to be careful in compare financing offers and finding ... more...

Understanding Reverse Mortgage Fears
It is estimated there is a target population of some 8.8 million senior households that both qualify for and are good potential candidates for HUD's home equity conversion mortgage (HECM) program. (Under an HECM loan, a lender advances money to a elderly homeowner, in the form of a series of fixed ... more...

Making Sense of Mortgages
Understanding mortgages is no easy task. As a homeowner it is important to do your homework and shop around for the best mortgage. With all the choices available to you for your mortgage you might benefit from using a mortgage broker. A good mortgage broker can evaluate your situation and ... more...

Fixed Rate Mortgage Loans - Understanding The Basics
Fixed rate mortgages are the most common type of mortgage loan for home buyers. With predictable payments, long term homeowners can plan their budgets and guard against rising interest rates. But a fixed rate mortgage is not for everyone with its higher interest rates and a reduction in your buying ... more...