Category Archives: Interest rate
By Pablo Gibson, financial writer for Safe Financing. Everyone dreams of owning a house of their own at some point of time in life. In order to fulfill this dream, people take out mortgage loans to purchase a house. These loans come at varying rate of interest as well as terms of repayment. There are […]
if you are a home owner hoping to take advantage of historically low interest rates for debt relief, your best hope is for a government change of policy.
When something drastically happens to a loan agreement the usual consequence is that the injured party will shy away from loan and credit agreement, thinking that such incidence will result to a low credit score that would result in turn a ‘no-interested’ lending party.
Many homeowners make the mistake of thinking refinancing is always a viable option. However, this is not true and homeowners can actually make a significant financial mistake by refinancing at an inopportune time. There a couple of classic example of when refinancing is a mistake.
Thinking of buying or building that perfect home? Before you sign on the dotted line some research into home loan interest rates will be needed. This will give you a much better chance of obtaining some interest rate savings.
Refinancing is a term in the finance industry that refers to the process of paying off a current or present loan with a second loan. If the situation is right, refinancing can be very beneficial for those who engage in it.
An interest-only loan has become a very popular choice of the many Washington home loans that are available. What is making this type of loan so popular? What other options are available to potential Washington home buyers.
In the past decades, it was believed that a mortgage loan is a mortgage loan no matter whichever is chosen. But this theory is not workable anymore because of the many mortgage loan products available in the market.
The first thing that lenders will check when you apply for credit – whether a loan, mortgage, or a credit card purchase – is your credit score.
Basically, a home refinance is paying off one home loan with another loan. So the question is, should you refinance or not? How do you know when it is right for you to get a home refinance mortgage? In other words, when does home refinance make sense for you?