by: Adil Esmail.
What is the difference between the fixed rate vs. variable rate mortgages? For most people looking to buy their next home this questions comes up all the time. When you look at the bank's posted rates you usually see interest rates for m...
by: Syd Johnson.
This is a question that keeps coming up when customers start looking at purchasing or refinancing their home. If you look at the average 30 or 15 year mortgage, it seems that the better mortgage depends on the type of customer.The best m...
by: Luke Ashworth.
The Council of Mortgage Lenders (CML) reported in April that almost nine out of 10 first-time home buyers chose a fixed-rate mortgage loan in February.Its report added to reports that record numbers of first-time buyers were taking up fi...
by: Christopher Carter.
There are several benefits on getting a Fixed Mortgage Rate versus the quick and easy Adjustable Rate Mortgage (ARM). Probably the most attractive part is the simple comfortable feeling that most homeowners get by knowing their monthly mo...
by: Martyn Barberry.
Fixed rate mortgages are a great way to fix your mortgage payments, removing the worry of potentially increasing interest rates. The problem occurs when the fixed rate period at the start of a mortgage comes to an end, unless the borrower...
by: Peter Kenny.
The fixed rate mortgage has a long history and is considered the standard of home loan financing instruments. Long before the adjustable rate mortgage came along the fixed rate mortgage was being used and is still being used by many home ...
by: Joseph Kenny.
Amongst the two most popular types of mortgages taken out in the UK today are the standard variable rate mortgage and the fixed rate mortgage. There are other mortgage products available that also come under the umbrella of a variable rat...
by: Alan Lim.
If you are getting yourself a home mortgage loan, you will most likely encounter a phase where you are torn between choosing a fixed rate or an adjustable type of mortgage. No one can really say that one loan is better than the other. The...
by: Andrew Poletto.
I’m sure the question “Why should I get an Adjustable Rate Mortgage when I can get a 30 year fixed rate at XX interest rate?” has been asked about a zillion times ever since the two types of mortgage were pitted against each other....
by: Patricia Hodge-Rendall.
What is the difference between the fixed rate vs. variable rate mortgages? For most people looking to buy their next home this questions comes up all the time. When you look at the bank's posted rates you usually see interest rates for ma...
by: James Copper.
The term fixed remortgage, or fixed rate refinancing of your home is nearly redundant. The primary point, unless you are in dire straits and just need the money, is to save money by replacing your first mortgage with its high interest rat...
by: Kinan Beck.
"If you've started looking into getting a home loan, you've probably already discovered that there are a number of decisions to be made. One of the biggest ones is whether to get a fixed rate home loan or to go with a variable rate home l...
by: Andrew Baker.
Cautious is what describes your state. A fixed rate mortgage will be the solution to the stress that they are facing as to the repayment. A Fixed rate mortgage, as the name suggests limits the interest rate to a particular level. The bor...
by: James Copper.
There are many types of mortgages. One type that potential home owners will hear a lot about is a fixed rate mortgage. When looking for a mortgage it helps to understand the differences in each mortgage and what certain terms, like fixe...
by: Ajeet Khurana.
With the current mortgage crisis in the United States many people are wondering if the fixed rate loan is the best deal for them.Despite all of the negative press that is out there about sub prime and adjustable rate mortgages these are g...