In this post, we look at a ten dollar word associated with mortgages: amortization.
WHAT’S THAT? VARIABLE RATE? An adjustable rate may be right for you. Last time around we talked about fixed interest rates. In our simple example we borrowed $100 for a year, and paid 4.0% interest (or $4) to do so. The total amount owing after 12 months was $104. Variable rate mortgages on the other…
What does “fixed rate” mean? In this post, we talk about what this might mean to a home buyer
To protect both parties, it’s recommended that an independent third party, such as a notary public, be hired.