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» Mortgage
Mortgage
Split Rate Loans
A borrower can enjoy the advantages of both the fixed and variable rates with a split rate home loan. This set-up lets you handle two loans in one deal. Borrowers may even fix the fixed-variable split according to their preference. They can choose to have a split deal that is 60% variable, 40% fixed or 70% variable, 30% fixed or an equal 50-50 deal.
September 6, 2010 - by admin · Filed Under Mortgage Leave a Comment
Mortgage Protection and Mortgage Insurance – What’s the Difference?
Mortgage protection insurance is not the same as Lenders Mortgage Insurance. Mortgage protection is made to protect the one that is insured. If the insured person died or become permanently disabled, the insurance company will pay out a lump sum benefit payment to the person which they can use to pay the mortgage.
August 20, 2010 - by admin · Filed Under Mortgage Leave a Comment
Managing Mortgage Stress
Everyone can be affected by mortgage stress what is important though is Managing your mortgage stress. Though interest rates play a big role, there are some uncontrollable factors that can contribute such as illness, unemployment and a breakdown of a relationship.
May 11, 2010 - by admin · Filed Under Mortgage, Uncategorized Leave a Comment
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