Many people have bad credit these days. Since cheap and easy credit has become so common, more and more people have bad credit. This has led to the subprime mortgage phenomenon.
But just because you have bad credit does not mean you will...
Remortgages make up almost half of all mortgage applications. Here are some things you can do to get ready if you want to refinance your home loan:
Find out what the interest rates are now.
Tradition says that you should...
People are always complaining about how much things cost these days. The socialist-student-worker-miser thinks that capitalism is bad on its own. Someone wants to mess him up. Yes, someone does want to screw you over, and they will if you let...
The terms of a mortgage or loan depend on:
How much was loaned;
The rate of interest;
The type of rate (whether it's fixed or changes);
The loan's term, which is measured in years;
Rate of discount...
Here are some tips on how not to get a loan, followed by what you should do instead.
Ignore the cost of borrowing.
Some examples are insurance plans and fees for paying ahead of time. Make sure you understand all of them and...
When you remortgage your home, you get a new mortgage to replace the one you already have. This usually happens when the interest rates on the market drop below what you are paying. Most of the time, this is something that people with fixed-rate...