The credit crunch has bought good and bad news for home buyers. The good news is that house prices are sliding, bringing homes within the reach of first-time buyers. The bad news is that mortgage loan conditions have tightened up so much that only those with the largest deposits and the cleanest of credit records stand a good chance of getting exactly the loan they need.

In fact despite no change in base rate since t Read the rest of this entry »

FHA mortgage Florida, FHA Loan Florida

 For first time home buyers and other Florida mortgage applicants the FHA  loan can have key advantages:

 Other Read the rest of this entry »

Variable rate mortgages have their advantages, but when interest rates are low it’s common to see banks and lenders advertising fixed rate mortgages and fixed rate refinancing. Refinancing in this circumstance can be a smart financial move for certain consumers.

What is a Fixed Rate Refinance?

A fixed rate refinance entails exchanging your current variable rate mortgage for a new one at a fixed in Read the rest of this entry »

Deciding on a home mortgage in today’s market can look like a daunting task. The borrower can be faced with several of options. Every lender presents their own claims to the enquiring borrower in an effort to lure them to use their home mortgage product. Each one declares the borrower that their product is the best home mortgage that they can get. This is not always the case. Terms for home mortgages can differ extensively from Read the rest of this entry »