When you’re choosing a home loan, there are two big decisions you need to make, namely whether to take a fixed interest rate or an adjustable interest rate mortgage. It is important for you to be aware of what these different type of home loan interest rates encompass and also know which one would be [...]
Archive for October, 2010
Home Loan Interest Rates – What Are The Key Features Of Fixed Rate And ARM’s?
Posted by admin on October 20th, 2010
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Comparing Fixed Rate, Hybrid Arm, Pay Option Arm And Hybrid Option Arm Mortgages
Posted by admin on October 20th, 2010
With all of the options available to homeowners today, adjustable rate financing is a common topic of discussion at our offices. The 3 most popular Adjustable Rate Mortgage (ARM) types today are Hybrid ARMs, Option ARMs, and Hybrid Option ARMs. Sound pretty similar don’t they? There are similarities, that’s for sure, but there are differences [...]
Four Benefits of a Fixed Rate Mortgage
Posted by admin on October 20th, 2010
With all of the unconventional mortgages that lenders are offering these days, it’s good to know that you can still get a fixed-rate mortgage. Fixed-rate mortgages have several advantages over adjustable-rate mortgages, interest-only mortgages and other non-traditional loans that are getting people in trouble. Following is four benefits that you can enjoy if you qualify [...]