Home Loan Associates – Recent Posts
Interest Only Mortgages
Interest only mortgages became extremely popular during the early 2000's when the economy was booming and housing prices were rising higher with every … [Read More...]
Adjustable Rate Mortgages – ARM
What is an Adjustable Rate Mortgage? Mortgages are sometimes difficult to understand and if you don’t know what you’re getting into, you could … [Read More...]
Private Mortgage Insurance – PMI
When Do You Need Private Mortgage Insurance? Private Mortgage Insurance (PMI) needs to be obtained from the lender in any case where the down payment … [Read More...]
Mortgage Interest Rates
One of the most important factors to be considered when applying for a home mortgage loan is the interest rate. The monthly installment that you will … [Read More...]
BiWeekly Mortgages
When you own your home and are making monthly mortgage payments, you may receive a lot of offers to obtain a home equity loan, or to refinance … [Read More...]
Mortgage Discount Points
What are Mortgage Points? If you've been shopping around for a mortgage you have undoubtedly heard the term "points" mentioned many times. But if you … [Read More...]
Balloon Mortgages
What is a Balloon Mortgage? The mere mention of the words "balloon mortgage" is enough to make some people's hair stand on edge. They have likely … [Read More...]