Screen Loan and Mortgage Rates
Getting a great loan or mortgage rate is one of the easiest ways to free up some serious cash to fund your investments.
Buying a house may be the largest one-time investment you ever make, and the total interest you pay on your house mortgage is most likely into six-figure territory. Of course, you can save some money with astute housing research and tough negotiating, but you can save thousands of dollars quite easily just by finding a mortgage with a great rate, up-front points you can live with, and low fees. HSH Associates, an independent publisher of mortgage and consumer loan information, is truly a one-stop shop for saving thousands on your mortgage and other consumer loans. Their web site (http://www.hsh.com) includes articles and pamphlets that explain what you need to know to pick the right loan or mortgage, and calculators that turn your newfound knowledge into hard numbers. The HSH Mortgage Survey provides data, updated weekly in most cases, for mortgages available around the country. If your credit rating isn’t as good as it could be [Hack #98] , HSH also provides data for mortgages for borrowers with less than perfect credit.
Unraveling Mortgage Costs
A lower interest rate on a loan or mortgage means you pay less interest on the money you borrow. Sure, lower rates on consumer loans save you money, but the amount you typically borrow to buy a house and the longer terms for mortgages make the savings from lower rates quite dramatic. ...
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