Why Now is the Worst Time for an ARM Mortgage

/
With the mortgage meltdown still fresh in our minds, it seems unlikely that anyone would take an adjustable-rate mortgage (ARM). Yet ARM loans are back, and yes, homebuyers are opting to take them. Here's what you need to know.

When Should You Pay Off Your Mortgage?

/
How do you know when, or even if, it makes sense to pay off your mortgage early? There are several emotional and financial factors to consider, depending on your financial goals and personal preferences . . . .

How to Save Money on Your Mortgage

/
Saving money on your mortgage is an important way for homeowners to ease the effects of economic stagnation on household budgets. Several techniques allow those who hold mortgages to reduce the cost of borrowing in order to stretch the paycheck. We’ll focus on five options that are available to most homeowners.

Are Fixed Rate Home Loans Actually Risky?

/
One of the first questions you will have to answer when you are in the market for a home loan is whether you want a fixed or a variable interest rate. There are different types of home loan interest rates because there are different types of borrowers, and to help you work out whether you are a borrower who is suited to a fixed rate loan, learn more about them now.