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Who Should Be an Owner Builder in Today’s Economy

By admin on January 16, 2011

Owner builder construction loans are specifically designed for borrowers who wish to take on the construction of their own homes without having to hire a general contractor. In this way, the owner builder not only saves a lot of money but also gets a greater amount of control in the outcome and specifications of his [...]

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Be One Step Ahead With A Mortgage Calculator

By admin on November 16, 2010

Contrary to what some people believe, mortgage is not debt. Rather, it is the transfer of a landowners interest in land to the lender, when the former avails a mortgage loan. If you are seriously considering getting a mortgage loan, keep in mind that you are pledging your house/land as a collateral for that loan. [...]

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Why a Fixed-rate Mortgage May Be Better for First-Time Homebuyer

By admin on June 12, 2010

It’s not uncommon for someone to look for the lowest price on any purchase that they are planning on making – this goes double for a major purchase. People look for the lowest monthly payment they can get on a car, on an apartment and on a house – often the lowest monthly rate, at [...]

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Reverse Mortgage: How Long Will You be in Debt?

By admin on May 16, 2010

Debt can be a very scary thing to face, especially if you have suddenly found yourself unable to keep up with your regular payment schedule. If you are in need of money however, but are scared about taking out a loan, you should know that there are many people out there who have borrowed money [...]

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What Will Be In The Budget For Mortgages In Ireland?

By admin on October 29, 2009

While the recent half of one percent cut in mortgage interest rates was very welcome, the likely increase in personal income taxes along with predicted increases in a range of other taxes is likely to offset any benefit in reduced interest rates. Both the residential and commercial property markets continue to fall dramatically, and there [...]

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