Here is one view of fixed rate mortgages pros and cons. There are several benefits worth considering when trying deciding if a fixed-rate mortgage is right to you. Unfortunately like many things in life, for every advantage, there seems to be a disadvantage.
The first thing to keep in mind that just because your friend [...]
Posted in Debt Consolidation | Tagged and, cons, fixed, mortgages, of, pros, rate
Some of the most popular products being pitched to seniors today are reverse mortgages. Everywhere you turn there are free seminars, free reports and free DVDs, all touting the amazing benefits these loans offer. Are reverse mortgages the answer to seniors prayers, or are they too good to be true?
It all sounds so [...]
Posted in Debt Consolidation | Tagged mortgages, reverse, seniors, should, use
First time home owners are finding it increasingly difficult to get on to the property ladder due to a 12 year low on the number of mortgages being approved. This combined with the UK housing market slowing down has resulted in purchasing a house for the first time being a bigger challenge than ever.
However, it [...]
Posted in Debt Consolidation | Tagged 12, at, low, mortgages, uk, Year
Are you over 62 years, looking for a little extra money and own most if not all of your home? If the answer is yes, then a reverse mortgage may be exactly what you’re looking for. Here are some of the benefits a reverse mortgage can offer you:
#1: Reverse mortgages pay you. [...]
Posted in Debt Consolidation | Tagged benefits, mortgages, of, reverse, six
Most people understand that the mortgages that they may qualify for are directly related to their credit scores. Common sense dictates that the better your credit scores are the more mortgages you would qualify for, and for better interest rates, as well.
But let’s face it, the number of people who have perfect credit are far [...]
Posted in Debt Consolidation | Tagged and, Credit, mortgages, Score, Understanding, your
