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How To Compare Mortgage Quotes

By Team iBizExpert On April 05, 2022 04:36 PM No Comments
So, you want to buy a house and are looking online at home mortgages. Whether you want a fixed-rate mortgage, an adjustable-rate mortgage, or any of the other types of mortgages available, there are a few things you should look at when comparing...

Good Things And Bad Things About ARM Loans

By Team iBizExpert On April 01, 2022 12:12 PM No Comments
Like the saying "Every rose has its thorns," every mortgage has its own risks and benefits. The type of mortgage you get will depend on your personal situation and what you think you "really" need. Here, it's important to think about what a...

An Adjustable Rate Mortgage Can Be The Best Option

By Team iBizExpert On March 14, 2022 10:11 AM No Comments
A mortgage with a rate that changes over time is called an adjustable rate mortgage, or ARM. This can be a very good choice for a lot of people. The mortgage interest rate changes every so often based on an index. Because...

Adjustable Rate Mortgages: Good Or Bad?

By Team iBizExpert On March 14, 2022 07:34 PM No Comments
Choosing between an adjustable rate mortgage and a fixed rate mortgage for your home loan is a very important choice. Each of these choices has both good and bad things about it. But in the end, the choice comes down to how much personal and...

Adjustable Rate Mortgage Snafu

By Team iBizExpert On March 14, 2022 07:27 PM No Comments
We all know about the problems in the mortgage industry and with sub-prime loans. When they try to blame independent mortgage brokers, it makes me a little angry. I think it's a way for the banking industry to try to put out of business...

30 Year Fixed Rate Refinancing

By Team iBizExpert On March 12, 2022 11:33 AM No Comments
In America, the "classic" mortgage is a 30-year fixed-rate mortgage. This isn't the first mortgage, though; the idea started during FDR's presidency, more than 60 years ago. Fixed rate mortgages have been very popular in the United States for...

More California Homeowners Turn To Pay Option ARM Loans When Refinancing

By Team iBizExpert On February 28, 2022 01:42 AM No Comments
When they want to get cash out of their home or lower their monthly payments, more and more California homeowners are refinancing with a Pay Option adjustable rate mortgage (ARM) loan. People in California are refinancing their homes more...

What Do Interest Rate Hikes Mean For Your Mortgage?

By Team iBizExpert On February 16, 2022 10:12 PM No Comments
If you've read a newspaper or watched the news in the last few weeks, you've probably seen something about mortgage rates and the Federal Reserve banking system. Like many borrowers, you might be curious about how the Fed sets interest rates and...

The Pros and Cons of Adjustable Rate Mortgage

By Team iBizExpert On February 15, 2022 10:20 AM No Comments
An ARM, which stands for "adjustable rate mortgage," is a type of mortgage where the interest rate on the loan changes on a set schedule based on an index. Most of the time, the following are used to figure out interest rates: Treasury...

Protecting Your Credit During Divorce

By Team iBizExpert On February 14, 2022 07:07 AM No Comments
Unfortunately, the opposite is true for a lot of people. Most of the time, at least one spouse's credit is ruined because of broken promises to pay bills, maxed-out credit cards, and a total lack of communication. Depending on how the money is...

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