Interest Rates
10 Online Interest Rate Resources
Interest Rates influence the lives of everyone living in the United States. When you use your credit card, borrow money from your bank or take out a mortgage loan, your interest rate determines the amout of your monthly payment and the eventual amount you will have to repay to your lender. Therefore, knowing how interest rates work and what makes them go up and down can save you money. Our list of recourses will help you to get the interest rate facts that you need to know to make a well informed decision on how, when and from whom you should borrow money.
Mortgage News Daily
Mortgage News Daily provides the most wide spread and precise coverage of the mortgage interest rate markets on the web today. They are a major source of breaking news, information, skilled commentary and future interest rates outlook. MND provides training via thousands of pages of information related to mortgages, interest rates and housing matters.
Interest Rate Calculator
Find out what the payments on your future dream house will be with this excellent Mortgage Payment Calculator. Input your criteria and the calculator will put forth the values for your monthly home payment, property taxes and PMI mortgage insurance. Use the advanced calculator to break down your payments into principal and interest.
Understanding Mortgage Rates
Interest rates affect just about everyone person in the United States in one way or other, but few people actually understand how interest rates work. What makes rates go up and down? What determines the current rates? Find out how interest rates work with this excellent tutorial from Quicken Loans.
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HUD
Knowledge is said to open doors. This is especially true when it comes to buying a home. To become a first-time homebuyer, you need to know where and how to begin the home buying process. Hud will give you the basic knowledge on home buying, the steps to take and the right people to talk to.
Understanding Mortgages
The first step to getting a mortgage loan is to learn how mortgages work and the types of mortgages available to you. For the initial step, you will need a clear understanding of your current finances, credit score and budget. The home loan learning center will help you discover the best way for you to reach your home owning goals.
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Prepare Yourself to get the Best Mortgage
Finding the best mortgage rate in today's market can be tricky, whether you are buying your first new home or trying to refinance your existing one. A little preparation can save you both time and money in the long run. Here are some great tips for getting the best mortgage rate possible.
Should I Refinance?
The interest rate on your mortgage is directly tied to how much you pay on your mortgage each month--lower rates usually mean lower payments. You may be able to get a lower rate because of changes in the market conditions or because your credit score has improved. A lower interest rate also may allow you to build equity in your home more quickly.
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Types of Mortgage Loans
Searching for the lowest interest rate on your mortgage loan? Learn the differences between loan types before it's too late. It could be the deciding factor of you living a long life in your own home or being on the street due to foreclosure. Choosing the lowest interest rate may not be in your favor, especially if it's an adjustable loan.
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Save your Home
The Making Home Affordable Program (MHA) can help your lower your payments and save your home from foreclosure. Get on the road to financial recovery by taking advantage of the lowest interest rates in history. If you are struggling with your home loan payments don't delay, call or visit them today.
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Department of Housing
The Department of Housing and Urban Development (HUD) is the U.S. governments housing agency. Everything that you need to know about the home buying process can be found here. Learn how to make an offer for the home of your dreams, how to avoid scams and fraud, know your rights under the law and eventually find high quality home inspectors and more.