Although it is mostly industry practice to charge a variable rate of interest on outstanding credit balances at a certain percentage rate above Prime Lending Rate, it is possible, these days, to obtain a fixed rate credit card. So, when would you want to apply for a fixed rate credit card over a variable rate [...]
Archive for January, 2012
25 Yr Fixed Rate Mortgages
Posted by admin on January 30th, 2012
Posted in Uncategorized 
Tags: banks, cards, change, cost, credit, england, fixed, fixed rate variable rate credit cards, interest, prime, rate, variable 
No Comments »ARM vs. Fixed Rate: Which is better?
Posted by admin on January 30th, 2012
While there are many different types of mortgages, they all fit under two general categories — fixed rate mortgages and ARMs, or adjustable rate mortgages. The rate, or course, refers to the interest rate. In a fixed rate mortgage, the interest rate remains the same throughout the life of the loan. However, in an adjustable [...]
Posted in Uncategorized Tags: debt, debt fixed income stealing candy elderly, disability, fixed income, irs, retired, social security, tax No Comments »Mortgage Rate History, Fixed and Variable Rates Compared
Posted by admin on January 29th, 2012
Is a fixed rate home loan better? No a fixed rate isn’t better or worse than a variable rate. Then maybe you should consider fixing your rate! So fix your loan when rates are low. Fixed Rate Or Variable? One of the tools that you can use for your rate analogies is a mortgage rate [...]