Tracker Mortgages Still An Attractive Choice

First time buyers are still being advised to seriously consider opting for a tracker mortgage, despite growing rumours of a rise in interest rates before the end of the year.

Although the Bank of England moved to hold interest rates at 4.5 per cent recently, speculation is mounting that a quarter point rise will be enacted before the start of 2007.

However, Moneysupermaket argues that those currently looking for mortgages should not automatically discount the idea of a …

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Act Now to Forgo Foreclosure

The subprime mortgage crisis has been on the tip of everyone’s tongue lately, and the housing market has cooled. Rather than being discouraged by this, smart investors realize that this is the time for deals to be had. We’re in a buyer’s market, which is an enormous relief for buyers who have watched the market balloon over the last decade.

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An Introduction To Mortgages

If you�ve just started working and saving but you desire to have your own house and own car, you may not need to wait for a decade or so for your dreams to come true. But that�s only possible if your mortgage application gets approved.

Mortgage has been viewed by many as a form of lifesaver especially today. It�s getting harder and harder to come up with payments for monthly bills so how else can ordinary consumers afford to have their dreams come true? With the help of mo…

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Canadian Mortgage Rates

In today�s market, renters and even homeowners in Canada are seized by the desire to save enough funds for down payments. The reason is simple. Canadian mortgage rates are going down and real estate prices are in full swing.

To cover the heavy demand for more mortgages, lenders have adapted flexible techniques, like lowering down their Canadian mortgage rates and coming up with new products all the time.

A traditional Canadian mortgage rate would be a loan requiring the…

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Balloon Mortgages Explained

A balloon mortgage is a loan that is provided for a short period of time for a set amount of money. Balloon mortgages will often involve periodic payments that are made at a fixed interest rate. During this period, the loan may not be amortized. The balance of the loan has to be paid in full at a specific time.

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