Categories
Archives
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- October 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
Info
Erik asked:
I can afford the 30 year fixed regular mortgage, but I’m considering getting a mortgage that is interest only for the first 10 years to save about $350/month. I have other student loan debt that is costing about 9%, while the mortgage would cost about 6.5%……I could apply the additional $350/month towards the higher interest rate debt. Thoughts?
I can afford the 30 year fixed regular mortgage, but I’m considering getting a mortgage that is interest only for the first 10 years to save about $350/month. I have other student loan debt that is costing about 9%, while the mortgage would cost about 6.5%……I could apply the additional $350/month towards the higher interest rate debt. Thoughts?
Posted in: Personal Finance : : Comments (136)
Mosquito asked:
I’m in a dilemma here.
I’m in a dilemma here.
My father works for a mortgage company. My fiance doesn’t want him knowing how much is in her bank account, or how much she makes in general. She asked that we go to a bank in addition to his place.
Is it normal to do that?
I feel like I’d be going behind my father’s back by doing this.
Posted in: Personal Finance : : Comments (31)
jayjay asked:
This is a question for those in the UK.
My fixed rate mortgage has come to an end. Do you think interest rates will continue to fall, or is it more likely that they’ll begin to rise? Should I get another fixed rate mortgage now or stay where I am on the provider’s variable rate (slightly higher than what they’ve offered as a fixed rate) and hope interest rates continue to fall?
Thanks!
This is a question for those in the UK.
My fixed rate mortgage has come to an end. Do you think interest rates will continue to fall, or is it more likely that they’ll begin to rise? Should I get another fixed rate mortgage now or stay where I am on the provider’s variable rate (slightly higher than what they’ve offered as a fixed rate) and hope interest rates continue to fall?
Thanks!
Posted in: Personal Finance : : Comments (4)
What does it mean if your mortgage loan is in the closing department? Does that mean it’s approved?
15/01/10
VH asked:
My mortgage broker told me that the loan is now in the closing department. What happens next?
My mortgage broker told me that the loan is now in the closing department. What happens next?
Posted in: Personal Finance : : Comments (4)
greyhoundjen asked:
We’re going to be living on a single income this year as I take an extended maternity leave. We’d like to find a way to lower our mortgage payments during this period. Any suggestions?
We’re going to be living on a single income this year as I take an extended maternity leave. We’d like to find a way to lower our mortgage payments during this period. Any suggestions?
Posted in: Personal Finance : : Comments (7)




