What Different Types of Repayment Mortgages Are There?

standard variable rate mortgage Standard Variable Rate or SVR is a type of mortgage where the interest rate can change, influenced by the Bank of England’s base rate. Each bank sets its own standard variable interest rate which is usually a few percentage points above the Bank of England’s base rate. SVRs are one of … Read more

Government Takes Steps Toward Preventing Reverse Mortgage Fraud

More homeowners age 62 and older are starting to take advantage of the many benefits that a reverse mortgage offers them, including the elimination of monthly mortgage payments and access to their home’s equity. Unfortunately, as these loans have become a more popular form of financing, the ways in which older homeowners are being defrauded … Read more

No Debt Is Good: Aiming For A Debt-Free Life

Do you know that you are being cheated? Now, everywhere. on TV. in the newspaper. On the radio. in magazines. You’re getting the same message over and over again: “Buy now, pay later”; “Consolidate your loans into one easy monthly payment”; “Get a Secured Line of Credit”. Or the perennial favorite, “Don’t worry, it’s good … Read more

Home Mortgage Rates | How to Get the Best Deal 2023

Home Mortgage Rates – At some point in their lives, most people will need to obtain a mortgage to purchase a home. However, getting the best mortgage rate can be a challenge. The mortgage industry is complex, with many different lenders offering a wide range of rates, terms, and conditions. In this article, we will … Read more