An online mortgage calculator can be one of the best and easiest ways to help you calculate your various mortgage expenses. It will help you determine what combination of elements must come together in order for you to get the best home loan for your financial situation. … [Read more...] about Online Mortgage Calculators
Mortgages
Finding a Mortgage Broker
All right, you want to buy a home. You have decent credit, very few debts, and no outstanding bills. You have a good job that pays well, with a decent employment history to review. You have the money for a down payment... you've got it all, right? Nope. You need a mortgage … [Read more...] about Finding a Mortgage Broker
Beware of Longer Term Mortgages
As you know, there are a lot of different mortgages on the market these days, and it can be tough to know which one is right for you. Some people swear by the traditional 25 year mortgage, meaning that your house will be completely paid off in a quarter of a century. But … [Read more...] about Beware of Longer Term Mortgages
How Much Down Payment?
In the old days, the question of how much you should put down for a down payment on a home was simple – ten percent. But these days, ten percent of a home’s value is a lot of money, and many homebuyers searching for their new home simply do not have that kind of money lying … [Read more...] about How Much Down Payment?
Fixed or Adjustable?
If you are looking for your first new home and are reviewing mortgage materials, you might be wondering if you should sign up for a fixed rate mortgage or an adjustable rate mortgage. Which one makes the most sense? A fixed rate mortgage means that your rates are fixed in place … [Read more...] about Fixed or Adjustable?
Time to Expose and Debunk Refinance Myths
Many times, what we know about refinancing (and mortgages in general) comes from what our family, friends, and coworkers are continually telling us. While it's a good idea to seek advice from people you trust, be careful to avoid outdated information and, more importantly, … [Read more...] about Time to Expose and Debunk Refinance Myths
