Mortgages for Dummies: Option Adjustable Rate Mortgages
Housing prices are at record highs. This has made purchasing a new home a very expensive proposition. In response to this mortgage lenders began offering products with lower monthly payments; this allowed people to qualify for larger loan amounts.The problem with these new loans is that they come ... more...

Microsoft Great Plains in Agriculture implementation highlights
In this small article well concentrate on farmers associations and non-profit state-sponsored organizations, dealing with subsidized state and federal programs distribution and management loans to farmers and rural communities. As we realized this is relatively narrow market niche and it is ... more...

Home Mortgages: How About Those 1.75% Loans?
Youve undoubtedly heard or seen ads for mortgages with very low interest rates such as 1.75%. For example, one mortgage company in the city where I live is advertising a 40-year mortgage with a 1.75% interest rate. That sounds like a pretty good deal, doesnt it? After all, if you were to buy a ... more...

What is the 1% or 1250% Mortgage Interest Rate All About?
Is this real, are you kidding? Yes and No. There really are programs such as this available but a report issued by a Wall street firm suggests that some low-payment loans in todays hot market could cause problems for borrowers who dont really understand the risks they are going into. This low start ... more...

Paying Rent or Pay a Mortgage? Here AreThe Benefits You Have With A Mortgage!
This is what a mortgage can do for you!AND Why you shouldn't get hung up on the interest rate!Let me show you the bottom line or the total dollar amount you will pay when paying a mortgage and paying rent and what the benefits of a mortgage are:Let's say John bought a home and has a $75,000 ... more...

Refinancing Mortgage Loan Options - How to Refinance and Keep Your Terms
Refinancing can save you money, but the downside is that you have to restart amortization. Once again you are paying mostly interest at the beginning of your loan. But there are ways you can get around this, keeping your original pay off period and saving on interest charges.Short-Term Refinance ... more...

Mortgages for Dummies: Mortgage Cycling Exposed
Mortgage cycling is a repayment strategy that promises to cut years of repayment off your mortgage and save you thousands of dollars. Payoff your mortgage in 10 years without refinancing your current mortgage. How does it work and is it worth the risk?Amortization is the process by which part of ... more...

How to Compare Fixed Rate Mortgages and Adjustable Rate Mortgages
There are many types of mortgages, and the more you know about them before you start, the better. To compare one Adjustable Rate Mortgage with another or with a fixed-rate mortgage, you need to know about indexes, margins, discounts, caps, negative amortization, and convertibility. You need to ... more...

Credit Card Debt Statute Of Limitation - What You Should Know
Each state has a statute of limitations on old credit card debts. The statute of limitations refers to the period after which, creditors cannot sue you to collect the debt. The length of time is calculated from your last payment date or last activity date (this is when you last used the card).Refer ... more...