MAJOR KINDS OF MORTGAGE LOANS

MAJOR KINDS OF MORTGAGE LOANS

To buy a house is probably one of the largest and most complex financial expenditure that a person can make. Because it requires huge amount of money, most buyers do not own enough amount to fully pay for the house … Continue reading

DIFFERENT TYPES OF MORTGAGE, FIXED AND ADJUSTABLE RATE

DIFFERENT TYPES OF MORTGAGE, FIXED AND ADJUSTABLE RATE

The fixed rate mortgage: Fixed rate mortgage is among the commonly used type of mortgage. Many prefer this because the interest rate is predetermined and it remains the same throughout the life of the mortgage. This makes it predictable. Thus, … Continue reading