Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about prime rates in 5 years: | |||||||||||||||||||||||
Is This a Good Time For an HEL?
7 June 2004 "I have a first mortgage for 161K at 7.125%, a second for 40K at 7.5%, and 50K of credit card debt at 13-19%. We could refinance the first and second mortgages into a fixed-rate loan at 6.25%. But we could also refinance them into a home equity loan at 4% (prime ... more... Tutorial on Selecting Mortgage Features Planning to shop for a mortgage on-line? You need to answer the following questions first, so you know exactly what you are shopping for. 1. What Type of Mortgage Should I Select? 2. Which Mortgage Options Should I Select? 3. How Long a Term Should I Take? 4. ... more... |
|||||||||||||||||||||||
prime rates in 5 years related definitions |
|||||||||||||||||||||||
Adjustable Rate Mortgage, ARM
Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more... Prime Rate Prime Rate In North American banking, the prime rate is the interest rate a banks charge to their best or "prime" customers. Each bank will quote a prime lending rate. Many institutions quote prime rates established by large money center commercial banks such as ... more... |
|||||||||||||||||||||||
More about prime rates in 5 years What You Should Know about Home Loans Option One Mortgage Loans Getting an Option ARM or Option One Mortgage Loan How to Get the Best Auto Loan Rates and Terms with Subprime Credit Buying a Home With Poor Credit Is Easier Than Ever WARNING: Many Home Owners May Be Living Above Their Means! Home Loans For People With Bad Credit - Tips To Getting Approved Online Choosing The Right Mortgage For You Investing in Real Estate Profitably: Eliminating the Need for Mortgage Insurance Real Estate: Will the Mortgage Lending Market Hit the Wall? Option One Mortgage Loans - Getting an Option ARM or Option One Mortgage Loan
|
|
||||||||||||||||||||||
|