Mortgage

Mortgage myths

Mortgage myths Following a good discussion on the topic of mortgage, I would like to share a few myths: The first year the payment is almost all interest. Your friends and your brokers keep telling you that the first year you will be paying a high portion of interest on your loan. What does that …

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Money saving tips on home mortgage refinancing.

The steady downward trend in mortgage interest rates in recent years have undoubtedly presented many opportunities to lock in historically low rates.¬†With the downward trend anticipated to continue for the foreseeable near future, there are bound to be more opportunities to refinance into a lower interest rate loan. This article offers a lesser known tip …

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