Different Mortgage Alternatives

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8 Responses

  1. Buck, it is always interesting to read what goes on in other countries. Interest-only mortgages are definitely present in the US, and “remortgages” sound pretty similar to refinancing here. Cool stuff!

  2. Arlee Bird says:

    My wife and I are currently in the process of refinancing. We bought our house in 1997 and had a pretty good deal compared to what some people had later, but the interest rate is now going to be cut in half and will be paid off in less time. That interest sure does add up over time.

    Lee
    An A to Z Co-Host
    Tossing It Out

  3. Lanaya says:

    If you are in the market for a mortgage for a second home or a rental property, there are a variety of tools and mortgages available to you. Before you begin your search, you may want to consult a mortgage calculator to see the mortgage amount you can afford.

  4. I’m in the process of a remortgage now! I’ve found out that my appraisal came back favorably (cue huge sigh of relief), so I’m one step closer to saving over $350/MONTH. Let the closing begin!

  5. Shilpan says:

    Buck, I didn’t know about ‘Buy to Let Mortgage’. Is this offered by most major banks? It sounds very interesting. I own commercial properties, so I’d love to know more about it.

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