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Home Loans for First Time Buyers

Posted by on Sep 2, 2013 | 0 comments

Young families are now living their dreams thanks to a range of home loans designed especially for them. Gone are the days when bad credit or lack of funds meant you can’t obtain a home loan to purchase the home of your dreams. While these factors may have been insurmountable factors in the past, they are no longer legitimate obstacles for the first time home buyer who is seeking a home loan.

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Guide to debt consolidation: simple steps to consolidate debt

Posted by on Jul 31, 2013 |

Debt consolidation accompanied by proper money management is a responsible way to get and stay out of debt. Educating yourself about how to get out of debt legally is a vital first step in your journey to manage your debt, more effortlessly. It will not only help you avoid the many debt consolidation scams out there but will surely help you in choosing the most appropriate plan for your situation.

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Home Refinancing Rates – When Is It Worth It To Refi?

Posted by on Jul 26, 2013 |

When interest rates were two points below your current mortgage rate, it was considered a good rule of thumb to refinance. But with today’s low closing costs, a difference of one percent can save you money on your interest costs. Even with low fees, it only worth it to refinance when you can be sure you can recoup the mortgage costs.

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The Perils of Plastic

Posted by on Jul 25, 2013 |

Millions of credit card borrowers are about to face larger monthly payments, a change that represents both good news and bad for consumers.

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Adjustable Rate Mortgage Loans – Understanding The Basics

Posted by on Jul 17, 2013 |

Adjustable rate mortgages (ARM), developed when mortgage interest rates were high, can help you finance the purchase of a home with low interest rates. An ideal choice for those who expect their income to rise or move in a couple of years, an ARM also increases your risk for higher payments. Fortunately, lenders also offer safeguards to limit some of your risk to excessively high interest rates.

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Home Mortgage – Reasons To Refinance Your House

Posted by on Jul 11, 2013 |

Refinancing can have other financial benefits besides lowering rates. Locking in rates can protect you from higher rates, saving you money on future interest costs. You can also change your ARM for better caps to prevent huge monthly increases. Consolidating your bills with your equity saves on credit card rates while providing a tax advantage.

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Mortgage Refinancing In All Its Aspects

Posted by on Jun 28, 2013 |

Mortgage refinance is an option that we have if we would like to get rid of our current secured loan and get a newer one in its place. The same assets act as collateral. This means that you take on another loan to replace the old one with the same property used as security against the new loan. Mortgage refinance is especially advantageous for people who would like a fresh loan with lesser interest costs by refinancing it at a marked down rate.

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Debt Relief Today

Posted by on Jun 19, 2013 |

Incurring huge debts can be great financial burden on a person or a company. Along with the capital that has to be paid back, there are hug interest costs, which must also be paid back. In case you are unable to pay back the interest amount, you would take short-term loans. Therefore to re-pay a loan, you would take additional loan. In this way, you would end up in a debt trap. This can lead to bankruptcy as well as loss of faith and face. As well as a bad credit report, whic…

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Personal Debt Consolidation Loan – The Help You Need For Your Family’s Future

Posted by on Jun 19, 2013 |

You may be struggling under the weight of a high debt burden and wondering if you will need to downsize your lifestyle by moving to a cheaper neighborhood. Before you take your children out of a good school, why not consider the option of a personal debt consolidation loan? By consolidating all non-mortgage debts into one lower interest loan, your monthly debt repayment costs will be dramatically lowered, freeing up money for other things.

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Debt Settlement Strategies

Posted by on Jun 19, 2013 |

Debt settlement can be done in various ways. Negotiate for lower mortgage and refinance rates. You can approach the credit agency or the bank for a lower rate of interest when the government announces a lower rate of interest. In this way, you have to pay lower interest rates. Isn’t that just splendid. This is because if the interest rates move north or increase, then the lenders will just increase the tenure of your debt. They will ensure that you pay up when the rates incre…

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