A lot of people who plan to buy a house often wonder what kind of mortgage is right for them: an adjustable rate mortgage or a fixed rate mortgage. To be able to determine the suitability of a mortgage type, potential buyers should familiarize themselves with the advantages and disadvantages. This way, they enable themselves [...]
Posts Tagged ‘Fixed’
A Bamboozling Dilemma: Fixed Rate or Adjustable Rate Mortgage?
Posted by admin on December 31st, 2009
Posted in Articles 
Tags: Adjustable, Adjustable Rate Mortgage, Bamboozling, Borrowers, Dilemma, Economic Index, Fixed, Fixed Rate Mortgage, Homebuyers, Initial Principal, Initial Rate, Interest Rate, Interest Rates, mortgage, Mortgage Interest, Mortgage Payment, Mortgage Payments, Mortgage Rate, Mortgage Type, Principal Reason, Rate, Suitability, Taking A Risk, Two Kinds, Variable Rate Mortgage 
No Comments »Fixed or Variable-rate Mortgage?
Posted by admin on December 10th, 2009
“Wow!” you say to your spouse as you hit the brakes on the car. “Did you see the mortgage rate those guys are advertising?” Your worries are over, you’re thinking. Just lock in a rate like that for the next ten years, and you’ve got it made. Not so fast. That rate may not [...]
Posted in Articles Tags: Adjustable Rate Mortgage, Brakes, Closer Look, Financial Institution, Financial Risk, First Time Buyers, Fixed, Fixed Rate Mortgages, Flexible Budget, mortgage, Mortgage Rate, Ontario Mortgage, Ouija Board, Period Of Time, Rate Increases, Risk Tolerance, Roller Coaster, Those Guys, Ups, Ups And Downs, Variable Rate Mortgage, Variablerate, Worries No Comments »