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Fixing the Mortgage System So It Works For Borrowers
September 5, 2005 In some respects, the United States housing finance system is the best in the world. In other respects, it is unworthy of a banana republic. Our housing finance system has a primary market and a secondary market. The primary market is the market the borrower ... more...

Fixed-Rate vs Adjustable Rate vs Balloon Mortgages
November 11, 2001 "My broker has offered me the following 6% loans: a 30-year fixed-rate at 1.125 points; a 7/1 ARM at 1 point; a 7-year balloon at 0.375 points; a 5/1 ARM at .875 points; and a 5-year balloon at 0 points. How do I decide which mortgage is best for me ... more...

low fixed 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 low fixed rate

Get Free low fixed rate Quotes and Estimates
Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Are You Ready for a Home Mortgage Loan?
Buying a Home and committing to a Mortgage can be very scary! A home mortgage loan is the largest debt that most Americans will take on in their lifetime. As such, making the decision to take out a mortgage is not one that most first time homebuyers take lightly. Not only will your monthly mortgage ... more...

Discover the Best Home Mortgage Rates
There are many people out there today that are looking to buy either their first home or their dream home. But in order for most people to do this, they need to get a home mortgage (also known as a home loan). There are many places to go in order to get a home mortgage. But before purchasing a ... more...

Some Things To Remember While Buying A House For The First Time
With the rise in prices of property, owning a property is going further out of the reach of many first-time buyers. Owning a home is considered a daunting task, requiring loads of money which first time buyers often are unable to shell out. But to accomplish this daunting task there is a ... more...

Houston Mortgage Rates
A mortgage rates vary according to the type and the duration of the loan. There are three types of mortgage rates:1. Adjustable Mortgage Rate 2. Fixed Interest Rate 3. Variable Interest RateA mortgage with an adjustable interest rate takes into consideration that an interest rate may change ... more...

Balance Transfer Credit Card - Debt Consolidation
Balance transfer credit cards can provide an excellent option for debt consolidation. Many Americans are currently in debt and struggling for a way out. Some choose to use a home equity loan to help get themselves out of debt, but not everyone has a home with built up equity to use for this ... more...

Conditions Are Right For Buying The Higher Priced Home YouVe Always Wanted
Higher interest rates and home prices in the past have kept home owners from purchasing larger homes. The current real estate market conditions, however, are encouraging for many home owners who want to buy up to higher priced homes with more to offer.If you are considering trading up for a larger ... more...

Lesser Known Facts About Home Equity Loans
Refinancing your debt via a home equity loan shifts your debts loan to your home. The flip side to such a move is that your home is on the line. However, tax deductions on interest repayments make it an attractive proposition. Moreover, in such a case of loan consolidation, it makes financial sense ... more...

Poor Credit Mortgage Refinance - How to Avoid a Bad Loan?
In the market for a mortgage refinance but have poor credit? Then avoid bad loans by being a smart shopper. Dont accept the first offer you get in the mail because it could be the worst deal. Instead, compare financing packages for sensible rates. Asking questions of financing companies will also ... more...

Are Interest Rates Up, Up and Away?
Interest rates have been at their lowest levels in over 40 years. U.S. consumers have been able to purchase previously unaffordable homes, cars and other toys. Many have used cheap home equity loans to remodel, take vacations and pay off credit cards. Students have taken advantage of the ... more...

Fixed Rate Mortgage or ARM? Which is Better?
The fixed rate mortgage offers the certainty of a constant monthly payment, but an adjustable may seduce you with its lower payment. Security or affordability? Which do you choose? Just what is a home buyer to do?Which loan you eventually choose may depend more upon your personality than a careful ... more...

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