Home Loans

5 Money-Saving Tips to Reduce Your Mortgage

Home Loans

Saving money on your mortgage is possible. With just the right mindset and some professional pieces of advice, you may be able to save up in your home loan interest even when you least expect it. Paying off home loans can be absolutely stressful, especially when you think of the money you will be shelling […]

Financing Foundations: What Type of Mortgage Loan is Right for You?

Debt

Fixed, variable, interest-only. What type of loan should you get? There are so many choices out there in the marketplace. Fortunately, you don’t have to go it alone. Most lenders will tell you exactly what they sell, but it’s the real estate agent that is probably going to be your best friend when it comes […]

Would You Take An ARM Mortgage In This Rate Environment?

Home Loans

If you need to take a mortgage in order to buy a new home, or refinance the one that you have, would you consider an adjustable rate mortgage (ARM), or will you stick with the good, old reliable fixed rate loan? Most people have an overwhelming preference for fixed-rate mortgages, but there are still a […]

Should I Pay Off My Mortgage Early?

Home Loans

Financial advisers have definite opinions when clients ask the age-old question about repaying the mortgage ahead of schedule. Five short years ago, most advisers would have encouraged every client to pay off mortgage early and live a debt-free lifestyle. Current economic conditions have caused many people to rethink carrying a mortgage in the climate of […]

Is Renting to Own Right for You?

Home Loans

Investing in real estate can be a gamble. That is unless one plans to stay in the home or nearby area for long term. If this is the case, renting to own real estate is a great way for first time buyers to dip their feet into the pool of the American dream. Renting to […]

Personal Loans Making a Comeback

Credit

Following several years of very strict lending, several lenders and banks across the country have begun to open up their wallets and make it simpler for consumers to get approved for unsecured personal loans. According to SmartMoney.com, TD bank has reported a 6% increase in the amount of personal loans issued in 2011 while SunTrust Bank reports a 25% increase! In […]

The Ins and Outs of Mortgage Refinancing

Home Loans

The current economic environment is making it a great time to refinance an existing home loan. Interest rates are as low as they have been in a long time, and with good credit borrowers are qualifying for great deals. Refinancing makes a whole lot of sense for anyone stuck with a high interest loan or that […]

What You Need to Know About ARM Mortgage Rates

Home Loans

An ARM, or Adjustable Rate Mortgage, is a home loan that features an adjustable interest rate. This rate depends on the current economic index. Many homeowners choose an ARM mortgage because these loans offer very low interest rates for a certain amount of time, called the initial rate period. After the initial rate period is […]

Mortgage Broker or Banks: Who Should Be Your Mortgage Lender?

Home Loans

Buying a home is not something you should embark on alone, and so many of us rely on the advice from those in the business of selling home loans each and every day. It is invaluable to be able to ask your mortgage lender not only about your down payment, but also to seek advice on […]

Should You Pay Off Mortgage Early – Or Invest?

Debt

Ever ask yourself this question? What’s better – to pay off the mortgage early or to save and invest more money? My guess is that we’ve all asked this question at some point or another. Maybe you’re thinking about refinancing your mortgage and looking at how you could pay off your mortgage early. Paying off […]

A Helpful Mortgage Refinance Calculator

Home Loans

Should I Refinance My Mortgage? That’s the question we want to answer today. Mortgage rates are still very, very low.  Who would’ve ever thought we’d see mortgage rates this low for this period of time. I remember thinking back in August when we first started building our house and mortgage rates were at their lows that […]

The Essential Guide for First Time Home Buyer Loans

Home Loans

Questions for First Time Home Buyers Don’t put one of the biggest financial decisions of your life at jeopardy by getting the wrong advice when finding a first time home buyer loan. For many first home buyers, this can waste both time and money as they end up choosing the wrong loan for their hard earned […]