buying a home: Getting to know where you stand with your monthly mortgage payment is the first and most important thing when you looking for the right home.
- 08/09/11 03:41 AM
Getting to know where you stand with your monthly mortgage payment is the first and most important thing when you looking for the right home. There are many things that you have to conceder when looking for a home, the right size, right neighborhood, color and affordability. Your monthly payment trumps all when selecting a home. Here is what consists of monthly mortgage payment: •1. Principle & Interest •2. Taxes on the property •3. Mortgage Insurance... If down payment is less that 20% of purchase price •4. Homeowners insurance Did you know if you choose to include your taxes and insurance … (0 comments)
buying a home: .. Why Interest Rates on 15-year Mortgage and 20-year low are at an all time low .... Due to the worst week on Wall Street since the financial meltdown.
- 08/06/11 07:01 AM
The average rate on a 15-year fixed mortgage has fallen to its lowest level in decades. The rate from the popular refinancing option dropped to 3.54 % this week from 3.66 % last week, Freddie Mac said Thursday. That’s the lowest result sing the mortgage buyer began tracking it since 1991. The average rate on the 30 year fixed loan fell to a year low from 4.39% from 4.55% the previous week. Mortgage rates treed to track the yield on the 10 year mortgage note. A weakening US economy had led many investors to shift money from stocks to bond, which … (1 comments)
Getting to know where you stand with your monthly mortgage payment is the first and most important thing when you looking for the right home.
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