There are various reasons why you should refinance your mortgage, including lowering your monthly payments, switching to a fixed rate, or borrowing against your home equity to get a cash out. The refinance process is a bit different from the…
Category: Mortgage
Understanding commercial mortgages A commercial mortgage refers to any loan you take on a property that is not you primary place of residence. Although the term is mostly used to refer to property meant for business purposes, it also includes…
On the whole, this is probably a good time to switch mortgages. But it’s also important to proceed with great care. We’ve all probably read about the likelihood of interest rates and, therefore, mortgage rates increasing gradually in the not…
Getting a mortgage is a huge time in a person’s life, but it’s never straight forward or easy. Securing a mortgage can take a lot of time and effort. It can also mean a lot of rejected attempts before you…
Buying a home is one of the expensive investments that people ever make. Purchasing a home typically involves approval of a mortgage loan which can cost thousands of dollars in interest over the life of the loan. If you are…
One of the largest financial commitments you’re likely ever to make, it is essential that you’re aware of how to find a good mortgage. A rarely discussed skill, there are certain things you need to account for before you tie…
Considering that most people cannot afford to buy property such as a house or apartment in cash alone, the obvious answer is to take out a mortgage and borrow the money to fund their property purchase. However, in 2014, lenders…
It’s expected that 14 per cent of people will be getting a new home this year. If you’ve been sitting on the fence about refinancing your mortgage, now might be a good time to hop off. For years, the loan…
Are you a first time mortgage buyer? Then this must be quite a challenging time for you. Getting a mortgage and a new home can be a big step, so feeling nervous is quite natural. However, there are some tips…
Real estate property market in US is all set to embrace a new change. It has no way but to adapt itself to the proposed changes by the Obama government. The government has decided to back away from its more…