Jul 27 2010
Invest in yourself – Invest in Your Own mortgage and reduce those interest charges.
Let’s begin with the premise that you are a homeowner, have a mortgage and have at least a small amount of money left each month to invest. Where do you invest it? You’ll want a safe investment that pays more than those [...]
May 25 2010
An interest only mortgage is a type of mortgage where you will pay only the interest and does not repay the principal amount for a period of time and during this period; the loan balance will remain the same.
In twenties this type of loan was normal, as it worked fine as the home did not [...]
Apr 13 2010
Interest Only Mortgages
Interest Only Mortgage is a means to payback a certain mortgage. On availment of interest-only mortgage, monthly amortization does not include any partial payment of the loan. The borrower has to pay only the fixed monthly interest of the loan. The principal amount of the loan is payable at one time and based [...]