Rate

Investment Property Loan Rate

July 25th, 2010

People can make serious money using real estate investments. The only problem with property investments is that you need some serious capital to start such a business. If you dont have enough money, there are several ways to get some.…

What Interest Rate should a Seller Charge for a Seller-Financed Property?

July 24th, 2010

Texas usury laws say that interest rates cannot exceed 18% …which would be the max rate a buyer would pay if they were crazy enough to agree to an 18% interest rate.

As a seller of hundreds of seller-financed notes…

Buyer Beware With Adjustable Rate Mortgages

July 22nd, 2010

Remember when your mom told you that if it sounds too good to be true, it probably is?  The same could be said about Adjustable Rate Mortgages (or ARM in industry lingo).  These guys can be a wolf dressed in…

Fixed Rate Mortgages More Popular Than Ever

July 20th, 2010

The Council of Mortgage lenders recently reported that an amazing 71% of all mortages and remortgages in April 2006 were arranged on fixed rate terms, that’s 17% higher than the same period last year. The increasing attraction of fixed rate…

Effect of Annual Percentage Rate on Mortage Loan

July 18th, 2010

Annual percentage rate (APR) is the simplified counterpart to the effective interest rate the borrower will pay on a loan. In many countries and jurisdictions, lenders (such as banks) are required to disclose the “cost” of borrowing in some standardized…