Variable rate mortgage deals include a large range of mortgages including tracker mortgages, capped mortgages and discount mortgages. The defining factor for variable rate mortgages is that the interest rate is variable, as opposed to a fixed-rate mortgage, where the interest rate stays the same over time. Here are the top five factors you need [...]
We?ll start with the all-time dilemma; the question of whether you should purchase a Term Life Insurance or another type of Life Insurance that accumulates cash value. One way or another, everybody is aware of the main reason why this question constantly surfaces; monthly premiums! Term Insurance happens to be the least expensive, and most [...]
During the 1993 housing recession it was estimated that one and a half million homeowners had negative equity. The Council of Mortgage Lenders has announced that approximately 900,000 homeowners currently have some degree of negative equity. They believe around 600,000 of these homeowners have seen modest shortfalls of around 10%. When compared with the previous [...]
