Getting rid of the mortgage early is something that many home owners in the UK aspire to achieve. Being free of the principal financial debt in most people's lives at the earliest stage possible offers financial security and peace of mind for later on in life...

In these times of rising interest rates, second mortgages or first mortgage refinancing might be just the thing to keep your housing costs from going through the roof. In a recent article in Parade magazine, How To Save on Your Mortgage, Lynn Brenner considered the question, “Will Your Mortgage Rate Go Up?” “If you have a fixed-rate mortgage, you have nothing to worry about...

For people considering buying a home for the first time, things can be a bit intimidating. You just have to keep in mind the benefits far outweigh the risks. Benefits to Homeownership Outweigh Risks There are many benefits to owning a home...

Mortgages are a common real estate means for individuals to finance the purchase of their home. Mortgages can be issued to those who buy new homes or for those individuals who already own homes yet wish to obtain a different mortgage known as a remortgage...

So you've lived in your home for some time now and have been content mailing off your mortgage payment every month. Yet when you turn on the nightly news you see that mortgage rates are 1% lower than what you locked into 10 or 15 years ago and realize quickly that you may be paying more money than you have to in interest rates on your mortgage...

Located in the upper Chesapeake Bay region, Baltimore is a city rich in American history. During the War of 1812, Baltimore’s Fort McHenry came under attack by British forces which had just completed the burning of Washington, DC some forty miles to its south...

The first time that many of us will think about life assurance is when buying our first home. Many mortgage lenders insist that life cover is taken out when offering a mortgage, to ensure the loan will be repaid if the borrower dies...

Before choosing to refinance a mortgage, each homeowner should take into account the pros and cons. As a result of declining interest rates, many people reason that now’s the time to refinance. For many, this is a smart move...

Undoubtedly, you’ve heard the radio commercial claiming you can get a mortgage despite having bad credit. Bad credit mortgages are better known as subprime mortgages. Subprime “Subprime” is a euphemism for a borrower who simply doesn’t qualify for a traditional home mortgage...

The housing boom of the last seven years has been one of the biggest ever. Mortgage-backed securities are one reason for the torrid pace of real estate growth. Understanding Mortgage-Backed Securities A mortgage-backed security is essentially a bond...

For many people, purchasing a home is one of the largest and most important investments they will make after their education. It is important to make sure you choose the right mortgage, one you will be able to pay off within a reasonable amount of time...

Bankruptcy can make getting any kind of financing much more difficult. However, it's not impossible anymore to get financing, even a few days after the discharge of a bankruptcy. But, is getting a loan soon after a bankruptcy a smart thing to do? It can be tempting to buy a new home, new car, etc...

Many of us tend to form a relationship with our bank even in these times of big banks. This does not mean, however, you should look to your personal bank for a mortgage. Will Your Bank Give You The Best Mortgage? It is a common misconception for people to assume that their bank will give them the best mortgage...

Homeownership is the key to building wealth for most people because it is an involuntary savings account. As you pay down your mortgage each month, the value of your interest in the home rises. Build Equity By Choosing The Right Mortgage Equity is a beautiful word as every homeowner knows...

Your house is a potentially large source of ready money if you are willing to sacrifice some of your equity in return for liquidity. Cash-out mortgage refinancing is one way to access this cash. What is cash-out mortgage refinancing? Cash-out refinancing involves refinancing your mortgage for more than you currently owe and pocketing the difference...