Tag Archives : Mortgages rates

Fundamentals of Repayment Letters

Fundamentals of Repayment Letters

You can ask your lender to send you a repay letter as this letter contains all the details and other criteria to repay your loans. There are several ways to get this repay letter and you are required to select of your choice. This letter sometimes is available on charge and sometimes without charge or cost anything. It’s better to ask this letter from your lender before paying loans.

Adjustable Rate Mortgages

Adjustable Rate Mortgages

The Adjustable Rate Mortgages are a type of home loans that are taken by people who wish to buy a house for themselves and their family but are short of funds to be paid as a lump sum amount.

Federal Housing Administration Loans

Federal Housing Administration Loans

Federal housing administration loans are offered by federal government and they are completely financed by federal government. Anyone can avail these loans as they are not limited only to the first time home buyers. There is a limitation of amount in FHA loan and this is the main drawback. There is a long list of required documentation to apply and processing FHA loan. On the whole, FHA loans are the best available option for the first time home purchasers.

Online Home Loan Refinancing

Online Home Loan Refinancing

Online home loan refinancing is one the best options for low income home owners. These refinancing is available with the lower monthly payments and lower interest rates. Before applying for refinancing online home loans one must research the complete information about these online refinancing programs.

Mortgages Rise to 5.25%

Mortgages Rise to 5.25%

According to Freddie Mac’s weekly survey of mortgage rates, again there has been a rise in the home-mortgage rates this week as housing sales continue to pick up…

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