A fixed-rate mortgages means the interest rate of the loan is fixed throughout the loan term. So if your loan is 15 years, 20 years, 30 years or 40 years in length, your payment will be fixed. The only change will be if your property taxes or insurance payments go up or down, and the lender requires you pay more or less into your tax escrow account. Is a fixed-rate mortgage the right option for you?
Is Refinancing Your 30-Year Mortgage Really a Good Decision?
Is refinancing your 30-year, or 15-year, mortgage really a good decision? Depending on the market and refinancing fees, this change may save you a bundle! Q: If you have a fixed rate mortgage why would you ever want to refinance if you plan to stay in the home for the duration of the mortgage? [...]
Ilyce Glink on WSB Radio – December 24, 2008
Today on the Clark Howard Show, Ilyce Glink filled in. Ilyce talked mortgage rates, Christmas Miracles and had a chat with Santa. Also, there was a conversation about the cost and legal requirements for dental care. Sherri called the show to say that she tried to get her teeth cleaned, but was told she would also have to see the dentist and get x-rays, increasing the cost of her visit. Ilyce thinks it would be great to be able to pick the services you want or can afford right now. Another caller, Denise, an office manager in a dentist's office said there is a law that requires you to see a dentist if you're there for a cleaning. You can download the podcast here or at iTunes.com. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog . Sign up for Ilyce's free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. Subscribe to her YouTube channel: www.youtube.com/expertrealestatetips and friend her to be notified about new videos.
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Are you working on Monday, July 3rd?
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