How to Build a Portfolio? Who wouldn’t like to have a profitable share portfolio? However, it is easier said than done, so don’t get taken in by the “get-rich quickly schemes” that have sprung up all over the place, which guarantee a profitable portfolio within hours! You have to factor in your long-term goals and objectives before building a successful portfolio. … [Read more...]
How much can I afford to borrow?
How Much Can You Borrow while Buying a Home? Who wouldn’t want to own a property that can be called home? Unfortunately, there are lots of factors to consider such as mortgage – for a fair deal, you need to have a good credit score, be more or less debt free, save cash for down payment, and so on. Keep in mind that mortgage companies will always verify if you have the ability to pay back what you are borrowing from them. … [Read more...]
How soon can I eliminate my debts?
How to Eliminate Debts ASAP! No one likes to be stuck in debts, but some unwise spending habits and bad choices often land us in sticky situations. There is no shortcut in this case – it will take some time, but you have to resort to adequate measures so as to become debt-free within a relatively short span of time. … [Read more...]
What is my loan rate?
How to Choose Loan Rates? When it comes to structuring home loan rates, there are several ways to do so, but we will choose to focus on the two most common ones - Fixed Rate Mortgage (FRM) and the Adjustable Rate Mortgage (ARM) Their main difference, as is evident from the terms, is the interest rate based on the loan amount over time, which can vary depending upon the pre-decided rate or as per the changes in the index rate applied to your loan. Definition of FRM and ARM … [Read more...]
