interest: Understanding Mortgage Interest Rates
- 08/31/12 06:53 AM
One of the most frustrating aspects of boning up on how to buy a home – especially for the first-time homebuyer – is the lack of clear information. Articles all over the Internet claim that the homebuyer should “shop around for the best mortgage.” If this is your first time trying to obtain a mortgage, how are you supposed to know what to look for when you “shop around?” A little more information in these articles would go a long way in helping the newbie wrap his or her head around the process, right? Help is right here, my friend. Let’s … (1 comments)
interest: What are the Costs Involved in a Home Equity Loan?
- 02/09/12 05:32 AM
Strapped for cash? Depending on the current real estate market, you may just have the money you need right there in your home. No, not a hidden safe you forgot about, but the equity you’re sitting on. A home equity loan is one way of taking advantage of that equity without having to sell the home to get your hands on it. The home equity loan places a second mortgage on the home and, like the first mortgage, there are fees associated with the loan. These fees vary between lenders, so it pays to shop around for the best rates and … (1 comments)
One of the most frustrating aspects of boning up on how to buy a home – especially for the first-time homebuyer – is the lack of clear information. Articles all over the Internet claim that the homebuyer should “shop around for the best mortgage.”
;)
;)
;)
