Types of High Risk Mortgage

Types of High Risk Mortgage

Published on: 27/08/2024

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.

Mortgage Payment Protection Insurance The Do's And Don'ts

Mortgage Payment Protection Insurance The Do's And Don'ts

Published on: 27/08/2024

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...

Prepaying Your Mortgage – The Pros and Cons

Prepaying Your Mortgage – The Pros and Cons

Published on: 07/08/2024

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.

What Is A Reverse Mortgage And Should You Get One?

What Is A Reverse Mortgage And Should You Get One?

Published on: 18/07/2024

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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