Mortgage life insurance is an insurance policy that is taken out by a home buyer to protect the lender in the event of a death. When a borrower purchases a home, a lender in most cases protects itself with mortgage life insurance on your life. This is commonly the case unless a down payment of...
The increase in interest rates, coupled with rising house prices and the decrease in the average consumers disposable income is increasingly squeezing new buyers out of the market and making it more difficult for existing house owners to trade up, said Howard Archer, Global Insights Chief UK and...
Fierce competition amongst mortgage lenders in recent years has brought about great news for the consumer – The Banks & Building Societies scrapping for business has only resulted in a greater depth of choice and value, for nearly every type of borrower, from those looking to obtain a...
The New Year gives a lot of hope to those who are interested in applying or refinancing a mortgage loan. With interest rates fallen on an average by 0.8% from last year, this is the best opportunity to think about mortgaging your house.
The comparative rate last year was 7%, which now has...
Mortgage Insurance Could Give You The Income You Need To Keep Your Home
If you were to lose your income by coming out of work after suffering from an accident, prolonged illness or through unemployment then you could be left with a serious struggle on your hands to find the money to...
Mortgage Insurance Can Be Your Safety Net But Check The Small Print
Mortgage insurance can be a very valuable safety net on which you can fall but in order for it do the job thats its designed to do then you have to read what is in the small print that comes with a policy and decide...
Although home prices are on the rise in Canada, as much as 10%, there’s good news for being able to afford your house. This news would have a direct impact for home buyers that would fall into the 80% to 100% purchase price for their homes.
What’s New For Mortgage...
Mortgage Debt Elimination How To Save Yourself From Compounding Interest Rate
Mortgage debt elimination, this is the word that rings a bell in many of the home owners out there. Ever imagined paying off your mortgage in one go when you strike a first prize lottery or the day you...
A survey for the homeless charity Shelter has revealed that in 2007, more than one million people in the UK have used a credit card to pay their mortgage.
It seems that young people, including first time buyers are so eager to remain on the property ladder that they have resorted to this...
Mortgage Cover Could Save The Roof Over Your Head If You Were To Become Ill Or Unemployed
Mortgage cover could mean the difference between you losing the roof over your head or keeping it if you were to become ill and unable to work, suffer an accident or become unemployed by such as...
Mortgage cover is perceived as an unnecessary policy by a high percentage of homeowners. This general attitude could be attributed to the fact that the majority of mortgage cover options can be very expensive and that nobody actually sees how it could come in handy in the future. It is this last...
Your dream house may not be everyone else’s idea of “Home, Sweet Home,” but it’s going to be all yours.
Now if you can just figure out how to finance that bit of real estate. Not wanting to leave any stone unturned, you’re on this site to get some background...