Types of High Risk Mortgage
As the cost of houses continues to increase, fewer people are able to afford them. Many creditors have responded to this situation by creating a new class of mortgages that are quite risky.

As the cost of houses continues to increase, fewer people are able to afford them. Many creditors have responded to this situation by creating a new class of mortgages that are quite risky.

When you've taken out a mortgage you've make a long-term commitment to maintain the monthly repayments for the full duration of the mortgage. That's going to be over many years but you're making that commitment without the benefit of a crystal ball – no one knows how your circumstances are going to change, for good or bad. So that must represent a big risk. Mortgage Payment Protection Insurance (MPPI) is one of a range of insurances that includes life insurance and critical i...

If you have looked into wealth building strategies, you have undoubtedly stumbled upon the raging debate over prepaying one’s mortgage. Here is the objective scoop.

Reverse mortgages are designed for senior citizens who own their homes and seek to convert part of their home equity into a monthly income.
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