Are Reverse Mortgages really that good a choice? The major concern with a Reverse Mortgage is that of high costs. There are various reasons for which people decide to take this financial
Read more ...-
-
Jumbo Mortgage Rates
Comment Off 98 ViewsWhat is a jumbo loan? As the very name suggests a Jumbo Loan is one that exceeds the conforming loan limit. The amount of money that you can borrow is above the average: hence the name
Read more ... -
Fixed Rate Mortgages
Comment Off 51 ViewsIf we pay so much importance to trying on shoes before we buy them to make sure they fit, we should pay all the more attention to loans. “Trying on” various loan types means shopping around,
Read more ... -
Adjustable Rate Mortgages
Comment Off 33 ViewsOne way of classifying mortgages is by the type of interest rate, i.e. fixed or adjustable. For an adjustable rate mortgage or ARM, the interest rate varies, which means that your due monthly payment
Read more ...