Archive for the ‘Mortgage’ Category

Finding a mortgage – what you should know

Thursday, January 29th, 2009

A. The principal Mortgage principal is the amount of money you are borrowing in order to buy a house. It's simply the price of a house deducted by a down payment. B. The type of mortgage Mortgages can be divided into two types: • with a fixed interest rate, and • with ...

Posted in Mortgage | Comments Off

Buy or rent a house

Saturday, January 24th, 2009

A house, undoubtedly, is the most expensive purchase many of us may ever make. Either you buy or rent a house, each choice has its own benefits and hazards. Owning a house has a number of advantages over renting a house. For instance, you can exercise your right to tax ...

Posted in Mortgage | Comments Off