Mortgage News and Updates:

Don’t let mortgage rates distract you. You should also consider this when refinancing

Homebuyers can now turn to Google Search for detailed info about mortgages

Mortgage Lenders Tighten Screws on U.S. Credit in Echo of 2008

Mortgage rates matter — here’s how much just a 1% difference could make

Mortgage rates hover near historic lows as investors assess where economy is headed

A mortgage gives you the ability to purchase a house wish cash upfront payable with interest over a set time defined by the mortgage agreement.

There are several types of mortgage loans and buyers should assess what is best for their own situation before entering into one. Types of loans are characterized by their term dates (usually from 5 to 30 year), interest rates (these may be fixed or variable), and the amount of payments per period dependent upon a number of factors with a set down payment percent allowing you to eliminate mortgage insurance. check out Lending Tree, Springeq, and Quicken.