While offices and factories are important for any business, purchase or construction of these premises will divert the ever-important capital from regular business expenses. If you are thinking of extending the lease period of your property then wait. Rental of leased properties put a much higher cost on the business. Even after years of paying the lease, you continue to…
Tag: Mortgages
Mortgage Length Calculating Which Is Best
For many people, purchasing a home is one of the largest and most important investments they will make after their education. It is important to make sure you choose the right mortgage, one you will be able to pay off within a reasonable amount of time. You also want to make sure you choose a mortgage which has the right…
Finding Holiday Buy To Let Mortgages
When it comes to holiday buy to let mortgages you should have done your homework well before you get to this stage. You should have looked into all the possibilities including the good and bad of owning a holiday home for letting. You should have taken into consideration the property prices and how much rent you would be likely to…
Second Mortgages Can Cap Housing Costs
In these times of rising interest rates, second mortgages or first mortgage refinancing might be just the thing to keep your housing costs from going through the roof. In a recent article in Parade magazine, How To Save on Your Mortgage, Lynn Brenner considered the question, “Will Your Mortgage Rate Go Up?” “If you have a fixed-rate mortgage, you have…
Trends V Fads
Writing for online publishing can be a tricky undertaking especially considering that what may be popular today may not be so in a month or two, thereby making what you wrote irrelevant. To overcome the possibility of your words falling to the ground instead of being received by your customers’ eyes you need to determine if the subject matter is…
Pay Back Time For That Mortgage
We all have our own dream homes and wish we could get out there and buy it. After years of living in rented houses, with messy apartment mates, it must feel very thrilling to actually have a house that belongs to you and not to someone else. But most of us still cannot call that lovely cottage, or that snazzy…
Reverse Mortgages Funding Retirement
With people living longer and longer, funding retirement can become a stressful situation. Reverse mortgages can help home owners avoid worries about cash flow. Reverse Mortgages Reverse mortgages are essentially a method for turning the equity in your home into cash. Although there are various options, a typical reverse mortgage will provide you with a lump sum, monthly payments or…
Endowment Mortgages
What Is An Endowment Mortgage? An endowment mortgage, in theory, is supposed to lower your mortgage payment. Ideally, endowment mortgages are much cheaper than standard mortgage policies such as repayment mortgages. When you get an endowment mortgage, you pay only the interest on the amount borrowed. In addition to this, you pay an addition small sum into a policy that…
Reasons To Refinance When Rates Are Moving Up
Interest rates have enjoyed record lows during the last few years allowing many people to refinance and enjoy lower mortgage payments. Now, interest rates are moving in the other direction. The average 30 year fixed rate, according to mortgage giant, Freddie Mac, was 6.31% last week. Still, during this same period, refinancing accounted for 43.6% of mortgage applications. Why would…
Compare Fixed Rate Mortgages And Find Out About 50 Year Mortgages
If you plan on staying in your home for 10 or more years and want your mortgage payments to stay at one stable rate, you should consider a fixed rate mortgage. Available for 10, 15, and 30 years, fixed rate mortgages give you the comfort of knowing your monthly payments will never increase. This is especially advantageous when interest rates…