It should come as no secret that many consumers are very unhappy with their credit card APRs. However, what is not so commonly known by Americans is that those Americans how have made it a point to pay more than their minimum payments on time every time, have a few options to reduce their credit …

Therefore a mortgage is an encumbrance on the right too the property just as an easement would be, but because most mortgages occur as a condition for new loan money, the word mortgage has become the generic term for a loan secured by such real property. Many other specific characteristics are common to many markets, …

Determining not only your monthly mortgage payment, but also the amount that you will spend over the lifetime of the loan. Consider the payments on a $1,000,000 loan. There are clear reasons to lock in rates help borrowers save money, locking in a rate often comes with a cost. Some lenders charge a mortgage rate …

A debt instrument that is secured by the collateral of specified real estate property and that the borrower is obliged to pay back with a predetermined set of payments. Mortgages are used by individuals and businesses to make large purchases of real estate without paying the entire value of the purchase up front. In a …

A mortgage rate lock is an agreement between a borrower and a lender that guarantees the borrower a specified interest rate on a mortgage. Rate locks are important because interest rates change frequently and the mortgage application process can be time consuming. The rate that was in effect on the mortgage applied for your loan …

Are you one of the many Americans that opened a charge card account bill today only to find that you are paying an interest rate that you don’t feel you deserve? Are you one of the people who feels like they are being taken advantage of by their charge card account company? Many Americans find …