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What is an adjustable rate mortgage or ARM?

April 23, 2006 EST | Mortgage

An adjustable rate mortgage is a mortgage loan that is fixed for a set period of time and then adjusts based on the rates during the adjustment period. Some common adjustable rate mortgage loans terms are 1/1, 3/1, 5/1, 7/1,...

The right time for mortgage refinancing

February 07, 2006 EST | Mortgage

Mortgage refinancing can be the easiest way to improve a bad credit situation. Hereís why. If interest rates have dropped by a percentage point or more since you got your first mortgage, refinancing could save you big bucks. And...

Good mortgage broker vs. bad mortgage broker

January 25, 2006 EST | Mortgage

According to the NAMB (National Association of Mortgage Brokers), two out of three Americans work with a mortgage broker to purchase a home because of the brokerís expertise and wide selection of loan products and lenders. However, with so many...

Interest-only loans can buy more house and more trouble

January 25, 2006 EST | Mortgage , Real Estate

They're spreading like wildfire--interest-only mortgages appear to be the panacea for rising home prices and the incomes that canít quite catch up. You can buy "more house" and have a low mortgage payment and a big tax deduction. Who wouldnít...

Mortgage lending "A through D"

January 06, 2006 EST | Mortgage

What was once a small segment of residential lending is now becoming one of the fastest growing areas in mortgage banking. Nearly every major institution is entering the non-traditional lending market. These lenders are providing loans to borrowers that do...

Right time for you to re-mortgage?

October 26, 2005 EST | Mortgage

At certain times and in certain circumstances it actually makes more sense for someone to re-mortgage than to stay with their current lender and ride the waves of ever changing interest rates. This article looks at five specific reasons to...

Mortgage company settles information security charges

October 11, 2005 EST | Consumer Info , Mortgage

Superior Mortgage Corp., a lender with 40 branch offices in 10 states and multiple Web sites, has agreed to settle Federal Trade Commission charges that it violated federal law by failing to provide reasonable security for sensitive customer data and...

Compare loans among different lenders

September 25, 2005 EST | Mortgage

Comparing loans of different lenders is often the most difficult part of mortgage shopping.Firstly, it is important to keep in mind that mortgage packages consist of more than interest rates. They consist of a quoted rate, points and closing costs....

Home mortgage loan refinance

September 18, 2005 EST | Mortgage

Before you find a lender to refinance your current mortgage, there are a few key factors to know. Itís a good idea to decide how long youíre going to stay in your home, your current interest rate, credit rating and...

In A Hurry to Pay Off Your Home Loan?

August 01, 2005 EST | Mortgage

It is possible that after a few years you might get sick of making monthly payments on your home. Then it occurs to you, why not put all your extra cash into paying off the home loan. It certainly sounds...

Find the best mortgage company

July 29, 2005 EST | Mortgage

If you do not wish to commit to living in one place for at least a few years, then owning a house is probably not for you, at least not yet. With the transaction costs of buying and selling a...

Get the best refinance home loan

July 19, 2005 EST | Mortgage

When going to refinance or get a mortgage loan quote, the internet can be a useful tool to shop around for the best interest rate. The reason the internet is a good place to start applying, is because most mortgage...

Refinancing in New York

July 12, 2005 EST | Mortgage

If you are looking to refinance in New York, it helps to get the facts before you begin the refinancing process. If you have an existing high interest mortgage, refinancing now could be the best choice for you. You can...

No money down home loan

July 12, 2005 EST | Mortgage

Are you in the market to purchase a home but are concerned about not having enough money for the down payment? No down payment home loans or 100% financing for your mortgage loan used to be only advertised during late...

Guide to flexible mortgages

June 25, 2005 EST | Mortgage

Outlined below is a useful guide to flexible mortgages. Flexible mortgages are also known as Australian Mortgages because they usually feature something which is common in Australia - interest recalculation on a daily basis. Daily interest rate calculation means that...

Do biweekly mortgages save you money?

June 12, 2005 EST | Mortgage

You may have heard people, especially mortgage lenders, extolling the virtues of biweekly payments, saying that you can save thousands of dollars and take 5-7 years off your mortgage - and then offering to set up a biweekly plan for...

Guide to homeowner loans

May 27, 2005 EST | Mortgage

Here is a useful guide to Homeowner Loans. A Homeowner Loan is a loan secured against your home. Homeowner loans can help you unlock capital tied up in your home. They offer solutions that many other loans do not offer,...

The power of eLoans and mortgages

May 25, 2005 EST | Mortgage

If you will be needing a loan or mortgage, there is no greater way to shop and compare prices than online. One of the great benefits of the internet is letting the average consumer (like you and me) share information...

Wealth creation and mortgage planning

May 20, 2005 EST | Mortgage

What if I were to tell you that almost everything you have been told about what to do with your home has been absolutely wrong and that one of the worst ways to build wealth is through your home? And...

Key to first time buyer mortgage

May 10, 2005 EST | Mortgage

Ever thought how much have you paid in total. If accumulated, the rent would have been enough to buy you a house. If the idea dawns upon you, then continue reading for more information on the first time home buyers...