Posts Tagged‘mortgage’

Found Your Dream Home? Then Buy it!

Source Imagine finding the perfect city to live in, and the perfect home with it as well. It is located close to your work, your children’s schools and activities, your friends, and your family. If that opportunity comes along, you need to grab on to it and never let go. If you are looking for it, then you may want to consider Florida as a destination. Florida? You may wonder why you should consider Florida in the first place. But think about the fact that the weather is beautiful all year long, and those fantastic shore lines, and you will…

Why would you reduce your mortgage term, and how much can you save?

During the term of a mortgage, 30-year mortgage might not seem like such a good idea anymore. A more careful deliberation of current economic and personal income realities can make a longer term mortgage less feasible than a shorter term one. In such cases, reducing your mortgage term would be a more preferable option. There are a few reasons why you would want to reduce your mortgage term and each one offers distinct advantages.  Cheaper interest rates The major advantage of shorter term mortgages is that the interest rates charged on shorter term mortgages are lower than longer terms mortgages.…