Freddie Mac just released its rates for a 30-year home loan. Guess what? It is on the rise for the third week in a row. What does this mean, it means that you need to stop waiting to get that... (Continue reading)
Why do bank rate mortgages vary? What makes the interest rates of these bank rate mortgages rise? What makes those of bank rate mortgages fall? These questions race through our minds whenever we are faced with a financial situation... (Continue reading)
There are only two things people should keep in mind before taking on an interest-only mortgage. The name interest-only mortgage is misleading. If truth be told, there is no such thing as an interest-only mortgage. In an interest-only mortgage,... (Continue reading)
There are several types of mortgages offered by lenders in the market. The most common of these types is fixed rate mortgages. Fixed rate mortgage loans are characterized by fixed rates and monthly payments that are generally for a... (Continue reading)