What is a 30-year variable mortgage?

Answer One of the most perplexing parts of the home-buying process is deciding on the right mortgage for your needs. One of the most standard types of mortgages is the 30-year variable rate mortgage.What'... Read More »

Top Q&A For: What is a 30-year variable mortgage

Mortgage Standard Variable Rate!?

You are right in thinking you will convert automatically to the lender’s Standard Variable Rate – however the lender will not value your property at this time and as long as you maintain paymen... Read More »

Should You Take a 20-Year Fixed Mortgage or a 30-Year Fixed Mortgage?

One of the fun things about computers is playing with programs like Paint. You can use the tools in Paint to add something to a different document. The Paint program can help you make new image fil... Read More »

What is a 5-year ARM mortgage?

An ARM is an adjustable-rate mortgage. With an adjustable-rate mortgage, the interest rate the lender charges will change based on current market rates. The adjustment period is one year, meanin... Read More »

What is a 15 year conforming mortgage?

Fannie Mae and Freddie Mac have established guidelines for mortgage lenders to follow. When a lender follows these guidelines, the loan is said to be conforming. A 15-year conforming mortgage is ... Read More »