Sub-prime mortgages – think twice
by Michael Challiner.The fastest growing sector of home loans market is what we class as specialist mortgages. Specialist mortgages have developed to serve the mortgage needs of people who don’t fit into the more conventional model buyer. In the case of self-employed b...
Second Mortgage a Good First Step
by Mike Hamel.A second mortgage can be the first step to climbing out of debt, especially for homeowners who have bad credit. A second mortgage is a loan taken out in “second position” on a property that already has a mortgage. There are fixed-rate loans, adju...
Similar Editorials : Step by Step
Inside Lending
by Rodney Anderson."INFLATION HAS MADE ME SO POOR, I CAN'T EVEN AFFORD TO PAY ATTENTION" (Anonymous) ...But the Fed's sure been paying attention to inflation. It's been called unwanted, unwelcome and uncomfortable - but a little inflation is a not a bad thing, accordin...
Similar Editorials : Subprime Lending
Re-Mortgages – get up to date
by Michael Challiner.If you’re thinking of improving your home, investing in buy-to-let or holiday property or maybe consolidating your debts, you’re probably thinking of re-mortgaging. If your current mortgage is now some years old, you’re probably out of date on ...
Foreign Mortgages - New horizons?
by Michael Challiner.There has been a tremendous boom in overseas property ownership. Whether for personal use as a family, holiday or retirement property or as an investment property, the market shows no sign of slowing down.In the excitement of making the decision to g...
Similar Editorials : Foreign Currency
Your mortgage – time to switch?
by Michael Challiner.Would you like to save money on your mortgage? Over 50% of homebuyers are wasting money by paying over the odds for their mortgage every month. This is normally due to the fact that they’re paying their lender’s standard variable mortgage rate.Th...
Similar Editorials : Still Under A Mortgage
Four Truths About Mortgage Refinancing
by Mike Hamel.Many home buyers close their loans, make their payments and don't think about their mortgages again. They don't consider refinancing when they should. If you are among these inattentive homeowners, here are four truths about mortgage refinancing that...
Similar Editorials : Mortgage Refinancing