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Mortgage Loans

By Elizabeth P. Rosen
May 10, 2010

Before you start applying for home loans, it’s important to understand what a mortgage is and how it works. You should also become familiar with the various types of mortgage loans available, as well as how to get approved for a loan.

 

ARMs and Fixed Mortgages

By Elizabeth P. Rosen
July 28, 2010

Sometimes called a "variable-rate mortgage" or "floating-rate mortgage," an adjustable-rate mortgage (ARM) has an interest rate that adjusts periodically based on current market rates. ARMs were created during a time of high interest rates when many people could not qualify for fixed-rate mortgages.

 

Mortgage Lenders

By Elizabeth P. Rosen
May 10, 2010

One of the most exciting milestones of adulthood is the purchase of a new home. First-time homebuyers are often very eager to settle down and get a place of their own.

 
 

Home Equity Loans (HELs)

By Miranda Marquit
July 28, 2010

If you are looking for a source of cash, it is possible to look in your home. As long as you have built up enough ownership in your home (known as "home equity") you may be able to borrow against it.