Information about ‘mortgage’

A independent financial adviser, is a professional who renders financial services to individuals, businesses and governments, also helps people deal with various personal financial issues through proper planning. This can involve investment advice, which may include financial debt management tips, and/or advice on life insurance and other insurances s, and/or advice on mortgages. Ideally, the independent [...]

If you have bad credit or trouble to proving your income, then a bad credit remortgage could be for you. Bad credit mortgages, also referred to as adverse credit remortgages, are essentially home loans for people with bad credit that consolidate all your debts, and secure them against your home. Even if you have mortgaged [...]

Does lower prime rate effect fixed-rate mortgage rates? How will the new lower prime rate effect (new) fixed rate mortgages? Will mortgage rates drop? Answer by mikeNo

Currently, what’s the lowest interest rate someone can be approved for on a mortgage? Without points? I know the rates change daily but an estimate would help. Someone said that they got approved for a mortgage loan @ 2% without buying points. I just didn’t think that this was possible. I don’t believe the person [...]

Fixed rate mortgage – am I paying more off at the moment due to interst rates being low? I’m a bit confused. I’m on a fixed rate repayment mortgage and with rates being so low at the moment is it just tough on me for paying more or am I actually paying off more off [...]

how to get the lowest rate on out mortgage payments? My husband and I are first time home buyers so of course we dont know much We want a house that is priced at $ 174,000 with 7,000 closing cost. Our rate it 4.7. I beleive we calculated we would be paying around 1,480 if [...]

What is your mortgage rate? I am trying to figure how low can a mortgage rate go to.? Please answer if it is lower than 6%. Please specify the type of mortgage too. Answer by FMine is .35 below prime.

A lender originally quoted a lower mortgage rate than what is on the paperwork. Why is this? Answer by djstwainBait and switch. Time for new lender.

Hedging strategy against variable-rate mortgage? We all know that variable-rate home mortgage usually offers a lower rate than than the fixed-rate one (if compared at the same moment in time). Does it work for an average home buyer to do the following: borrow at a variable (lower) rate, and use a hedging strategy, such as [...]

Anyone know what the best 30 year mortgage rate is NOW? After the news this morning about the rate cut. I was in the “middle” of a refinance at 5.75%, but I haven’t signed any paperwork yet. Of course, the bank (countrywide) is telling me that’s still the lowest rate. I find it hard to [...]