Mar 30 2010
What Is An Endowment Mortgage?
An endowment mortgage, in theory, is supposed to lower your mortgage payment. Ideally, endowment mortgages are much cheaper than standard mortgage policies such as repayment mortgages. When you get an endowment mortgage, you pay only the interest on the amount borrowed. In addition to this, you pay an [...]
Mar 23 2010
Debt consolidation can be a confusing subject. There are many conflicting views on what a consumer buried in credit card debt should do to get back on their feet. These conflicting views have everything to do with the fact that the best solution is always unique to the individual and if youre in trouble you [...]
Mar 16 2010
Recently we have witnessed a boom in the mortgage industry. With increasing real estate values and a very low inflation, interest rates have touched an all time low. Since inflation is running extremely low at present, economists feel that mortgage rates will remain low in the near future also. As an obvious consequence homeowners are [...]
Mar 09 2010
So you’ve been careful with your money all these years and have always put some aside for a rainy day? Good for you! Even when the economy is weak, those who plan ahead can benefit from its downturn by taking advantage of market conditions. Even mortgages can benefit during tough economic times [...]
Mar 02 2010
In the previous week’s Freddie Mac Primary Mortgage Market Survey, the short term mortgage rates that had been rising very sharply during the time of last few weeks suddenly fell slightly last week. Whereas the long term rates almost remained unchanged.
The 30-year fixed rate mortgage (FRM) moved up one basis point with 0.5 point from [...]