Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about interest rate: | |||||||||||||||||||||||
How Does Negative Amortization on a Mortgage Work?
September 15, 1998 Negative Amortization and Related Concepts Ordinarily, the mortgage payment you make to the lender has two parts: interest due the lender for the month, and amortization of principal. Amortization means ... more... Interest-Only Mortgage Tutorial Here is what you will learn in this tutorial: 1. What is an interest-only mortgage? 2. For what types of borrowers is it suitable? 3. What are the hazards you should watch out for? 4. What information do you need to assess an IO mortgage? 5. How ... more... |
|||||||||||||||||||||||
interest rate related definitions |
|||||||||||||||||||||||
Adjustable Rate Mortgage, ARM
Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more... Variable Rate Mortgage Variable Rate Mortgage The variable rate mortgage, affectionately know as Adjusatuble rate mortgage or ARM is a mortgage with a rate that will adjust over time. You may be familiar with the term three year ARM, or five-year ARM. ... more... |
|||||||||||||||||||||||
More about interest rate Best Mortgage Deal UK - Put Your Best Foot Forward! Apartment Loan 101 Home Mortgage Loan Information - Which Type of Home Loan is Best For You? Refinance Mortgage Rate Calculators - Valuable Tools For Getting The Best Loan Remortgage To Release Equity By Improving Interest Rate Adjustable Rate Mortgage Information Basics Bad Credit Remortgage Loan: When Bad Credit Plays Mischief With Your Mortgage The 'Shop Until They Drop' Mantra Wont Guarantee You the Lowest Interest Rate When Your Bills Are Piling Up Here Are 6 Different Ways to Consolidate Decision Time: Home Equity Loan or Home Equity Line of Credit?
|
|
||||||||||||||||||||||
|