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Net-Teams - Bookmark Tag mortgage advice
There are 4 articles associated with the tag mortgage advice!
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Mortgage Advice: Home Equity Loans Can Finance an Investment Properties and Second Homes
Many investors feel confident with real estate as a place to secure their future, believing that overall it will outperform cash, fixed interest deposits and other investments, particularly for the medium to long term. Second homes account for a full 40% of all homes sold in America. If you've been paying on your mortgage for more than five years and the interest rate is below market rate, a home equity loan would probably work better for you than a mortgage refinance.
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Endowment Mortgages
Are endowment mortgages, though highly controversial, on the rise again? Made popular in the 80s and used largely in the UK, what are the risks and benefits of having an endowment mortgage?
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Mias Calls On Mortgage Lenders To Fix Their Exit Fees
MIAS, the Mortgage and Insurance Advisory Services (http://www.mias-ltd.co.uk ), is concerned that, despite the recent publicity and various campaigns in the press, borrowers are still being stung by punitive exit fees.Lenders charge exit fees when customers redeem their mortgage in full, for example, by switching their mortgage to a rival lender. Exit fees can also be termed administration charges, sealing fees or deeds-release fees and are raised to cover the cost of ta...
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Mortgage Advice: 7 Tips for Establishing Credit
According to Experian, a credit score is a number lenders use to help them decide: If I give this person a loan or credit card, how likely is it I will get paid back on time? The information from your credit reports is used to create your credit score. Before getting a line of credit, get your free credit report from each of the three major credit reporting agencies (CRAs): Experian, Equifax, TransUnion. Under federal law, you are entitled to one every year.
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