You should also check for any other loans or debts against your house. If you have a second mortgage, for example, the balance of that loan should be added to your primary mortgage loan balance to determine the total amount you owe on your home. Similarly, if you have a tax lien or m...
The Home Equity loan Market is experiencing continuous expansion and is anticipated to continue in this direction over the next several years. Homeowners can borrow money using home equity loans as collateral. The equity in the home is the sum of mortgage debt and the value of the home. Due ...
Migrants mainly live in rented houses and in inconvenient locations to work, in one hand the uncontrolled rental housing market leads to pressures on migrants such as the high fee for rent, electricity, water, and cramped accommodation condition; on the other hand, nearly all migrants do not ...
The payments on this type of mortgage only cover the interest charges, and don’t touch the amount of the original loan. What’s great about an interest only mortgage is that your monthly payments will be much lower than on a repayment mortgage. What isn’t great about this type of mort...