Archive for December, 2010

Cheap Fixed Rate Mortgages

Friday, December 31, 2010

What is a fixed rate mortgage? With a fixed rate mortgage, the interest rate, and thus your monthly payment, remains the same for a specific period. After the period for which your mortgage rate is fixed, your mortgage payments will become variable unless you arrange another fixed rate deal. Advantages of fixed rate mortgages * [...]

Best Fixed Mortgage Rates

Thursday, December 30, 2010

I have a fixed 5 year mortgage rate and few days ago my friend mentioned that because interest rates are so low at the moment it means I’m overpaying and therefore it should wipe off a year or so of my mortgage. Is it true?? I’m clueless in mortgage things . Well, I have your [...]

Compare Mortgages

Wednesday, December 29, 2010

If you’re using a mortgage to buy your home but are not sure which one will suit your needs best, read this handy guide to mortgage types in the UK. Taking out a mortgage has never been easier. Fixed Rate Mortgages – the lender will set the APR (Annual Percentage Rate) for the mortgage over [...]