Monday, February 9, 2009

Home Mortgage

Are you looking to buy your own home, whether it first time for you to buy or you are thinking of moving to somewhere bigger than your present house, then it’s likely that you are going to need a home mortgage. Finding a best home mortgages companies is not easy, first we need to know the background of the companies, availability of a customer service 24/7 if we have any question or we can answer our question directly.

There are two types of home mortgage – either a fixed rate mortgage or a tracker mortgage. With fixed rate mortgage, the interest rate stays exactly the same of two, three, four or five years, whichever one you choose. That’s why; you know exactly what your monthly payments will be for the time. And for a tracker mortgage, they are linked to the bank’s interest rate. If the rate of the banks goes down then so will your mortgage rate of course, if that rate of the banks goes up your mortgage goes up too.

Whether you are a first time buyer or thinking of switching from your current lender, why not to find out what can do for you? You can check out how much your mortgage will cost using home mortgage calculator and you can find out more online too….

1 comment:

Gary said...

I arranged my mortgage through a company called Rainbow found at The service was fast and professional and the rates i received were second to none.