Exotic Mortgage
With real estate prices ever on the rise, first-time home buyers are facing more difficulties in buying a home. Who ever thought they'd buy a $500,000 starter home?Mortgage lenders have acknowledged the problem by creating new and innovative mortgage products, mostly designed to lower the ... more...

How to Secure the Best Mortgage Deal and Save Yourself Thousands in Interest
When you consider that the average home owner will pay out far more in interest over the lifetime of their mortgage than their home actually cost in the first place, you can see why working to secure yourself the best possible mortgage deal now could save you tens of thousands of dollars in ... 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...

Mortgage Glossary of Terms
A brief list of some of the most common Mortgage terms.Adverse Credit The term used if the borrower has a poor credit history. This could include previous mortgage or loan arrears, bankruptcy or CCJ's. Other terms used to describe an adverse credit mortgage include: Bad credit mortgagePoor ... more...

Offset Mortgages: A Dream for Well Off Homeowners
Offset mortgages represent one of the biggest mortgage innovations seen in recent years. Six years ago there was hardly an offset mortgage to be seen. Now they and the current account mortgage, to which they are closely related, account for 10 out of every 100 of new lending.Whats more, one of the ... more...

How Caps Can Protect You From Paying High Monthly Mortgage Payments
Adjustable rate mortgages can be a great choice for first time home buyers. As opposed to a fixed rate mortgage, which the interest rate remains the same for the entire life of the loan, an adjustable rate mortgage changes according to an index rate, usually chosen by the mortgage lender.This index ... more...

Refinance Mortgage - The Most Effective Option For Consolidating Bills
Have you ever wondered what exactly is the benefit with refinancing your mortgage? This informative article can give you an insight into everything you've ever wanted to know about refinance mortgage and how you too can consolidate your monthly bills.There are several reasons why a refinance ... more...

A Second Mortgage Vs. A Home Equity Loan
Second Mortgage Tip #1 One Time ExpensesA second mortgage is the preferred option if you have a one time big expense you need to cover. Examples of this include remodeling your kitchen, paying for a wedding, or buying a new car. In these instances a second mortgage will probably work best for you; ... more...

A Critical Guide to Home Loans: Your Options and How They Affect Your Future
Understanding Mortgage Loans-An Insiders GuideThere was a time in the not-so-distant past when financing the purchase of a home was relatively uncomplicated. You went to your local savings and loan and signed up for a 30-year, fixed-rate mortgage loan. Those days are gone, probably forever. Today, ... more...