Mortgage Glossary 1

Thursday, November 12th, 2009

2/1 Buy Down Mortgage The 2/1 Buy Down Mortgage allows the borrower to qualify at below market rates so they can borrow more. The initial starting interest rate increases by 1% at the end of the firs…

Boost for Fixed-Rate Bonds

Thursday, June 25th, 2009

Savers have had little to cheer about of late as the rates paid on their nest eggs have plummeted lower and lower in line with a string of interest rate cuts. In fact, you could now be earning next to…