As more people begin panicking over their variable rate or short term fixed mortgages, companies are jumping in to try to allay these fears by offering longer term loans. More customers are choosing 15 and 30 year fixed mortgages in response to the current housing crisis and many others are deciding to refinance their loans. […]
The simple guide to fixed mortgages
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Fixed Mortgages Tips
Posted on April 14th, 2008 by Bright Light
When it comes to buying a home, by far the most popular type of loan is a fixed mortgage. There are many benefits to a home buyer that gets a fixed mortgage and a lot of peace of mind can go with it. Here is how a fixed mortgage works. When you are approved for […]
Fixed Mortgages Advice
Posted on April 14th, 2008 by Bright Light
If you are new to purchasing a home, it is important to understand the two main types of home loans that are available. There are fixed mortgages and variable mortgages and the two are very different. Let’s focus on fixed mortgages first. This type of loan locks in the interest rate at the time of […]
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