Short-Term Interest Rates on the Rise; Adjustable Rate Mortgage Holders Prepare for Increase in Rate
Interest rates are on the rise and many home owners who have adjustable rate mortgages may see increases in their forthcoming annual adjustments.Federal Reserve Chairman Alan Greenspan made it clear in 2004 that the Federal Reserve would be increasing short-term interest rates at a measured pace. ... more...

Home Loan Interest Rates What Are The Key Features Of Fixed Rate And ARM's?
When you're choosing a home loan, there are two big decisions you need to make, namely whether to take a fixed interest rate or an adjustable interest rate mortgage.It is important for you to be aware of what these different type of home loan interest rates encompass and also know which one would ... more...

Adjustable Rate Mortgage Use Rising Interest Rates to Your Advantage
You found your dream house; however, qualifying for a traditional fixed rate mortgage is proving to be difficult. Your debt-to-income ratio may be too high or your credit score might be too low. The same might be true of the existing mortgage holder that wants to refinance and cash out equity in ... more...

Best Mortgage Deal UK - Put Your Best Foot Forward!
As a borrower for mortgage in UK it is your right to find the best finance deal available. Is that a challenge? Not if you know where to look and what to look at while contemplating mortgage. You have to follow a strategy in order to get best mortgage deal in UK.The constant lowering of the ... more...

Refinancing Your Mortgage Can Open Up A Lot Of Options For You And Your Family
It can happen to anyone, the roof is leaking, the credit card bills are pilling up and it is almost time for a new car. But where are you going to get the money to do all of these things? The need for extra cash can be very frustrating and worrisome, however if you are a home owner you have a ... more...

What is a Capped Mortgage?
A capped mortgage is a variable rate mortgage with a capped limit beyond which the rate paid will not exceed.Mortgages are available in a number of different interest rate options, one of which is the capped rate.A cap means that there will be a limit to any increase in the variable rates for a ... more...

Some of the Available Loan Types
There are many mortgage products available on the market today. We can help you find out which one is right for you. Here are the most common options.Fixed Rate Mortgages (FRMs)* Interest rates stay constant for the life of the loan.* Offered in 10, 15, 20, or 30 year terms.* Payments are made up ... more...

Mortgage Terms Explained
When you are hunting for a mortgage, you will find that there are many different types of mortgages available. I will list some of the more common ones and their uses.15 vs 30 YearsYour mortgage term can be just about anything you choose. 15 and 30 year terms are popular these days, although 10 ... more...

Thought Fixed Rate Will Give You a Respite from the Perils of Variable Rates! Think Again
Slight increases in the interest rates raise your hackles. Tension grips your mind as to how you are going to make the extra payment. Preparations begin right then to provide for the repayment, though it requires a huge cut in the monthly expenses.Cautious is what describes your state. A fixed rate ... more...