Mortgage articles
Showing page 22 of 23 - There are 669 Mortgage articles
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- 2007-11-13 22:16:19 - Guide to interest only mortgages
- Here is a useful guide to interest only mortgages. An interest only mortgage is one where your regular payments only go to pay off the interest on the money you borrow. You will invest to pay off the capital sum at the end of the mortgage term.An interest only mortgage means your monthly payments cover only the interest on the loan. They do not pay off the amount you owe. So, at the end of ...
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- 2007-11-13 22:16:19 - What is an interest only mortgage?
- An Interest Only Mortgage is one where the repayments are made up entirely of the interest on the loan. When the mortgage term is complete, the capital originally borrowed is still outstanding.To cover the balance, borrowers are advised to make regular contributions into an investment policy alongside their mortgage repayments. This can be arranged by the mortgage provider, most commonly in...
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- 2007-11-13 22:16:19 - Thought you can go all alone in mortgages! mortgage advice beneficial in all important decisions
- Mortgages are easy as long as you understand them well. But how many borrowers can be confident of their knowledge of mortgages.With the list of terms and terminologies related to mortgages growing fastly, it is difficult to keep pace with it. However, the legal maxim goes as follows ? "ignorantia juris non excusat" (ignorance of law is no excuse). Therefore, it is necessary to be...
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- 2007-11-13 22:16:19 - What is a repayment mortgage?
- A repayment mortgage is the type of mortgage that most people think about. The idea behind a repayment mortgage is that you pay monthly for a set period and each payment consists of an element of capital and interest.A repayment mortgage is one for which each monthly payment contributes to the capital and the interest that is to be repaid over the term of the mortgage. Assuming that the con...
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- 2007-11-13 22:16:19 - Types of mortgage interest rate
- Here is a useful guide to the different types of Mortgage Interest Rates that are available. Mortgage Lenders offer all kinds of different deals when it comes to the interest you pay on your mortgage. Sometimes you may have a choice, sometimes you may not.Your mortgage is probably the biggest loan you will ever take out, so it is important to get a mortgage with an interest rate that suits ...
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- 2007-11-13 22:16:19 - Repayment of loans ? lessening the bitterness of the process
- So how have you planned the repayment? Don't tell if you haven't started the plannings yet. It is high time the plannings and the decisions be made regarding the repayment of the loan. The amount of loan is a sizeable figure and planning for the repayment on the D-day will only make the repayment difficult.There are basically four different ways of paying off loans. Depending on the availab...
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- 2007-11-13 22:16:19 - Mortgage loans explained in plain english
- With the many different kinds of mortgage loans out there, choosing the right one for your needs can be a difficult task. The following points will help you understand the pros and cons of the different types of mortgage loans available to you.What are the main types of mortgage loans?There are two main types of mortgage loans-fixed-rate and adjustable-rate mortgages.A fixed-r...
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- 2007-11-13 22:16:19 - Advantages and disadvantages of a reverse mortgage
- Betty and John, are in their mid-seventies and are currently weighing the advantages and disadvantages of a reverse mortgage as a way of freeing up some cash. The couple purchased their home 45 years ago for about $14,000 since then home values have skyrocketed and recent single family homes in their neighborhood have been selling for a minimum of $160,000.Like Betty and John, if you're con...
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- 2007-11-13 22:16:19 - What is a current account mortgage?
- Current account mortgages are fairly new to the sector. They are quite different to other types of mortgage as they enable you to set off all your savings and debts in one single account.Several lenders offer this type of flexible mortgage that is linked to a current account, and is called a current account mortgage. Your mortgage account and your bank account are merged into one and you ar...
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- 2007-11-13 22:16:19 - Escrow accounts, do you absolutely need one?
- With escrow accounts the money for your home insurance and property tax is added to your monthly mortgage payment and is paid out each year. With that said, you may think that having an escrow account takes the responsibility off your shoulders because the bank will make the payment for you each year from your escrow savings account. But beware, because many people have found that their property t...
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- 2007-11-13 22:16:19 - What exactly is a reverse mortgage and how does it work?
- A reverse mortgage is a certain loan that allows the older generation to take their home equity and turn it into cash. With this type of loan the bank is actually paying you monthly out of the equity in your home. The funds from reverse mortgages can be used for whatever you like. Many people like to use it for taking a trip, home renovations, buying new furniture, or just for day to day living. M...
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- 2007-11-13 22:16:19 - What is an offset mortgage?
- An offset mortgage is very similar to a current account mortgage - but instead of having everything all in one account, all accounts are held separately.The offset mortgage concept treats your money as one giant pot, with each element (mortgage, savings, current account etc) separate to the rest. The result is basically a giant overdraft, although it behaves differently.Offset mortga...
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- 2007-04-01 18:29:58 - You might want a mobile home
- Why Look At Mobile Homes For Sale?
There are mobile homes for sale, for much less than stick-built houses, in most areas of the country. Despite the persistent predjudice against them, and sometimes against their residents, mobile homes are the cheap housing choice of millions. The advantages are not always obvious, but they are real.
First of all, let's acknowledge t...
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- 2007-04-01 18:29:58 - "women and divorce: how women should protect themselves financially regarding divorce"
- Women who believe a divorce is a possibility or who think that their husband will be asking about getting a divorce at some point should put their emotions aside and plan "just in case" their intuition is correct that a divorce may be coming in the near future. If women who believe that the "divorce discussion" may be lurking, they should make it a point to look for solid signs that their husband ...
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- 2007-04-01 18:29:58 - Top 10+ ways to jumpstart your new years finances!
- Of course, these don't have to be done in any particular order!
Just pick one or two that particularly apply to your situation.
* Create your 2004 filing system. This might include new file folders, a new box to hold them or space in a filing cabinet with easy access.
* Set up a folder to collect all the important 2003 tax documents which will be arriving soon....
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- 2007-04-01 18:29:58 - Top 10+ ways to jumpstart your new year's finances!
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Of course, these don't have to be done in any particular order!
Just pick one or two that particularly apply to your situation.
* Create your 2004 filing system. This might include new file folders, a new box to hold them or space in a filing cabinet with easy access.
* Set up a folder to collect all the important 2003 tax documents which will b...
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- 2007-04-01 18:29:58 - "the power to succeed"
- It's amazing how we fool ourselves... while at the same time believing we are doing what's best.
Let me give you an example. I overheard a guy telling a group of friends, over drinks, how he had become fed-up with work. Guys being guys, they immediately started to come up with options to fix the problem ? ideas like changing company and changing jobs. That was when the guy got all l...
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- 2007-04-01 18:29:58 - The honeymoon's over now what?
- After your honeymoon, that's it for luxurious vacations right? You've now got your mortgage to think about, car payments, utilities, saving for children if you plan to have them, insurance, credit card debt and then there's everyday expenses like food. With all those expenses how could you ever think about a vacation again, well you can!
Timeshares
Tim...
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- 2007-04-01 18:29:58 - The history of the christmas card
- The Christmas card, as we know it, originated in England in the year 1843. An artist named John Calcott Horsley was commissioned by Sir Henry Cole, a wealthy and successful London businessman, to create a card that could be sent out to his friends and clients to wish them a merry Christmas.
Sir Henry Cole was very well known at the time, for a number of reasons. He had a helping han...
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- 2007-04-01 18:29:58 - Prenuptial agreements: protecting your financial security
- The decision to get married is a big one in anyone's life. Nowadays, it is common for people, men and women alike, to secure themselves a career and a stable financial background. No one wants to be poor, and everyone wants to provide for their family. This method of thinking is very positive, producing quality families that are self-reliant and responsible.
With the responsibility ...
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- 2007-04-01 18:29:58 - Planning for your financial future
- Two heads are better than one, so sit down with your spouse and plan out your financial future together.
Prioritize your bills.
By determining which bills to pay in which order, you'll get in the habit of making sure your essentials are always paid first.
Be careful using credit. Sometimes a financial crisis will come not because of a layoff, but becaus...
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- 2007-04-01 18:29:58 - Paoers for divorce
- Paoers for your divorce are very important as they deal with legal matters. You should always have the right paoers for divorce to prevent any legal complications in the future. Your paoers for divorce should include provisions for child support, custody and property settlements. You need to focus on protecting your future by making sure that your divorce paoers are drawn up carefully.
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- 2007-04-01 18:29:58 - Organize your move with a moving checklist
- Moving is a chaotic and stressful time. There's so many things to arrange, having utilities switched, signing up the kids for a new school, scheduling the movers, packing the house. With all the other things you do it's not easy to find the time to get everything done!
Using a checklist of tasks, can help keep you organized and make sure you don't leave out an important moving task....
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- 2007-04-01 18:29:58 - Not every debt negotiation company is right for you - and that's the truth
- For those outside of the 'wide breadth of consumer and credit card debt knowledge' inner circle, the debt negotiation truth is this: not even the best debt negotiation companies may be right for you.
For starters, debtors have differing situations ? one may be falling behind on his monthly mortgage payments, while another debtor is teetering on the edge of bankruptcy after seven ren...
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- 2007-04-01 18:29:58 - Mortgage tips from me to you
- At some point in your adult life, you are likely to purchase a house of your own. Whether you are sick of renting, or you have decided to settle down and start a family, purchasing your first home can be an exhilarating and nerve-wracking adventure. In researching the best practices for new home buying, we decided to give you three of the most important tips.
Our first suggestion is...
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- 2007-04-01 18:29:58 - Mortgage refinance: 4 ways to know its time to refinance your house.
- You may want to refinance your home for several reasons.
1)Mortgage Rates might be lower now. The biggest reason that people refinance their mortgages is to save money. No matter what has happened to you, there is always a good reason to start saving money. A lower rate on your mortgage can help you stretch out the payments so that every month you are paying less to live in your hou...
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- 2007-04-01 18:29:58 - Mortgage after bankruptcy - bankruptcy discharged yesterday? purchase a home today!
- So you have been through a bankruptcy and surely have been told to wait at least two years before applying for a home loan. Waiting two long years without any guarantee of being approved for a mortgage after bankruptcy can be disheartening. Fortunately, this advice no longer holds true.
Today, there is a growing realization of the need to offer home loan products that are specifical...
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- 2007-04-01 18:29:58 - Life insurance ? wise investment in personal finance or excessive caution?
- Life insurance is typically taken out to offer valuable financial protection for your family in the event of your death, upon which a payment is made to your financial beneficiaries, heirs or family members. The extent of this payment will depend on your insured sum and earnings. Life insurance and life assurance may be interlinked in advertisements, though bear in mind the two policies are differ...
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- 2007-04-01 18:29:58 - Life insurance: why theres no need to be a desperate housewife
- Contemplating what may happen to your wife (or husband) and children if you die is not likely to be a thought you wish to contemplate. However, avoiding the issue may make life more difficult for your family after your death.
Life insurance looks set to make a comeback in the UK, after a period of neglect by consumers who were simply occupied with affording a home. The stabilising o...
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- 2007-04-01 18:29:58 - Is there any such thing as affordable life insurance?
- Do you need affordable term life insurance? This seems to be the million-dollar question. When you want to purchase life insurance you often do not know how much you need or if there is such a thing as having too much life insurance. What constitutes affordable life insurance and how much you need is totally dependant upon your own situation.
Don't be fooled into determining the amo...