A reverse mortgage, as its name says, is a loan wherein the lender pays the borrower instead of the usual setup where the borrower pays the lender as done in traditional regular mortgages. To be ex...
In order to make up your mind you need to fully understand both rate types and their consequences. In the loan process one of the most crucial decisions and usually the most difficult as well, is whe...
Many credit cards come with special introductory rates. These often include low or 0% interest rates for the first months or year. But what happens after the introductory period? This is when most cre...
The question is which credit cards are right for you. Not all credit cards are the same. Some have a fixed rate, which simply means the APR doesn't change, or at least not that often. Most credit c...
In this article, I will be explaining the different types of mortgage products that are available in the mortgage market, hopefully after reading this article you will have a better understanding of m...
In this article, I will be explaining the different types of mortgage products that are available in the mortgage market, hopefully after reading this article you will have a better understanding o...
30 Year Fixed Rate mortgages are now thought of as old fashioned. We use the words "standard" or "classic" or even "conventional" to describe one of the most popular loans in history. You may be surp...
30 year fixed rate mortgages are the "classic" mortgage in America (though they are not quite the original mortgage, in fact the concept originated during FDR's presidency over 60 years ago). Fixed ra...
Closing Costs. Zero Closing Costs. No Out of Pocket Costs, No Points. We hear a lot about this stuff but when it comes time to refinance, do we really know what closing costs we are paying? The t...
Life has a way of piling it on: student loans, credit card debt, your kids' school fees, monthly utility bills, etc. Under these circumstances, it is easy to get overwhelmed. But the way to escape fin...