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A 15 year Mortgage Yields Faster Returns but Payments Rise |
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Written by Tamara Schmitt
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Tuesday, 03 January 2006 |
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Everything is fast in our society. We have instant messaging, one-hour dry cleaning and fast food. How about a fast mortgage? Well, even though a 15-year mortgage might not seem fast, it's twice as fast as the standard 30-year loan. And the savings are amazing, as is the speed with which you build equity in your home. |
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Last Updated ( Wednesday, 23 August 2006 )
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ARMs Can Build Equity Faster than Conventional Mortgage Loans |
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Written by Tamara Schmitt
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Tuesday, 03 January 2006 |
Adjustable Rate Mortgages (ARMs) are usually chosen by people who know they will be moving in a few years, and by those who are willing to gamble on what mortgage rates will be when the ARM adjusts. What few people think about, however, is that an ARM also lets you build equity in your home more quickly than you would with most fixed-rate loans.
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Last Updated ( Wednesday, 23 August 2006 )
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What kind of mortgage loan program is best for you |
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Written by Tamara Schmitt
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Wednesday, 02 November 2005 |
So what kind of mortgage is best for you? Fixed rate? Adjustable rate? Government loans? The truth is, there is no one correct answer. Given the many different types of loans and term lengths, the choice can be difficult. It is an extremely important choice and you can definitely benefit from research before you make your decision.
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Last Updated ( Wednesday, 23 August 2006 )
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