Category Archives: Adjustable-Rate Mortgage

The Decision to refinance

The decision to refinance a home mortgage is a serious decision which should not be taken lightly. Homeowners should give this decision a great deal of consideration to ensure they are making the best possible decision for their financial situation and personal needs

Mortgage Company

There are several mortgage companies that offer a rich array of loan products of services. Below is short list of these mortgage companies.

Mortgage Interest Rates

As a general rule, mortgage interest rates are low when economy is good. When economy goes down, the feds would jack up mortgage interest rates in an effort to stimulate the economy.

Adjustable Rate Mortgage

Choosing the right mortgage involves knowing how mortgage rates work. Mortgage rates are affected by several factors. One of them is the type of mortgage consumers take.

First Mortgage Loan

Every person who has ever bought a home with a mortgage knows that by the time the pay off is made on the mortgage more is paid to cover interest costs than the actual purchase price of the house.

Variable Rate Mortgage

Variable rate mortgage is another term for adjustable-rate mortgage. Variable rate mortgage is a type of loan where the initial payments are low. After some time though, the interest rates of variable rate mortgage changes on a regular basis.

Fixed Rate Mortgage

here are several types of mortgages offered by lenders in the market. The most common of these types is fixed rate mortgages.

Adjustable-Rate Mortgage Payment

People are asking if home loans in newspaper ads showing astonishingly low rates are for real. These ads are what we call adjustable-rate mortgage payments. Loans with an adjustable-rate mortgage payment type usually have low rates only for a short time. Rates of adjustable-rate mortgage payment are adjusted on a regular basis, usually after the […]