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Mortgage Refinancing Articles
Adjustable Rate Mortgage
July 16, 2007
Interest only mortgage loans are as their name implies loans where the payment is based only on the interest due for a given month. This type of loan has payments that are interest only for a specified period of time, typically five to ten years. At the end of the interest only period your loan [...]
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June 5, 2007
Adjustable Rate Mortgages are as the name implies loans that have an interest rate that changes over time. You will often see these loans abbreviated as ARM loans. The interest rate you pay at any given time is based to two factors. The index your loan is tied to changes over time based on any [...]
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May 26, 2007
In recent years homeowners had little choice when refinancing their loans beyond the traditional 30 year fixed interest rate mortgage. Today, Adjustable Rate Mortgages offer a variety of choices for every financial situation. Personal finances in the United States are different today than in the past; homeowners move and change jobs much more frequently than [...]
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May 14, 2007
Mortgage refinancing offers several ways to pay off debts and reduce the burden on your monthly budget. Refinancing your mortgage could allow you to lower your monthly payments and pay off your credit cards and other high interest debts. Borrowing against the equity in your home could even allow you to purchase a new car. [...]
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March 2, 2007
The shorter the amount of time you plan on keeping your home, the more sense it makes to refinance with an Adjustable Rate Mortgage. If you plan on selling your home within seven years, you can’t beat the introductory rates offered by 5/25 and 7/23 Adjustable Rate Mortgages. These types of Adjustable Rate Mortgages have [...]
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My name is Robert Regehr and I’m a personal finance blogger with a chip on my shoulder for banks and mortgage brokers that take advantage of my friends and neighbors.
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