When interest rates fall, there are savings to be made. This is true for everyone, not just people currently looking for a new home or mortgage. This means that even if you have already bought your home or already committed to a mortgage, you can take real advantage of lower interest rates. For many people this will not be necessary,…
Tag: Mortgages
Online Mortgages Get Wise To The Web
The boom in online banking and the success of some of the bigger online banks looks likely to revolutionise the way we manage our finances. Mortgages are no exception – now that virtually all lenders have an online presence and many will allow you to access your account on the web, new innovations are making mortgages ever more flexible and…
Assortments Of Mortgage Loans
House buying has become quite a regular activity. People everywhere are cashing in on the real estate boom. Some are making the most of the opportunity and buying their dream homes. Others are looking at house buying as a lucrative investment option. Still others are hoping to purchase real estate in order to let it out on high rent. There…
Offset Mortgage Explained
An offset mortgage basically uses the interest from your savings account against the interest charged on your mortgage. Usually your mortgage lender will link your mortgage and savings account into a single account, with the same financial institution. Each month, the amount you owe on your mortgage is reduced by the amount you have in your account, before working out…
Seek The Advice Of A Specialist Website When It Comes To Second Property Mortgages
Looking into second property mortgages and taking one on is an enormous step to take, in doing so you are probably going to be stretching your finances to their very limit and as such need the best possible advice and, of course, the best deal when it comes to taking your second property mortgage. With this in mind it is…
Mortgage At Garage Sale Prices
Everybody seems to be hankering to buy property these days. And rightly so. After all, property prices seem to be on a permanent upswing and there is little risk involved. If one owns a house, one also has security for the future. One does not need to worry about shifting from one rented apartment to another. Buying a house is…
Mortgage Options For Self Employed Buyers
Self-employed homebuyers generally have more difficulty getting a mortgage, because of the way their income is reported and because they are often perceived as not having the job security of others – if they get sick, for example, their whole operation may be down for the duration. Even self-employed real estate agents and mortgage loan officers encounter this roadblock en…
Flexible Mortgage Uk Mortgages To Specially Suit The Self Employed
While a person drawing a fixed salary every month finds it easy to repay loan in fixed monthly instalments, those with a fluctuating income will find it otherwise. In order to tap the potential of the latter group, which principally consists of self employed people and people whose income is largely contributed by commissions, flexible mortgages have cropped up. A…
Reverse Mortgage Is It A Big Risk
A reverse mortgage is a special type of loan that home owners can sometimes get to convert the equity in their homes to cash. Simply, a reverse mortgage is a type of loan that provides you with a monthly income, a lump sum of cash, or a line of credit. Or a combination of both This was originally structured for…
Managed Funds Growing Your Wealth Without The Headaches
Managed funds are an easy way to invest wisely and with low risk. Investment in a fixed term deposit – especially with a fund that invests in real estate – is an easy way to grow to your wealth. Apart from being a great way to have your money managed by investment professionals, managed funds also simplify the process of…