Clan-Members » In actual, the facts are contrary

Mortgage loans are probably one of the biggest loans we ever get to make in our lifetime. Because the loan amount can get insanely high Cheap Alex Lewis Jersey , the repayment period can take as much as 30 years, depending on your agreement with your lender. Even with the economic crisis, a lot of people are still eager to get a mortgage loan even if it means settling for a very high interest rate. But for first time home buyers, mortgages can be pretty confusing for a number of reasons. First Cheap Eric Weddle Jersey , there are different kinds of mortgages that you can avail of. Second, after you’ve chosen what kind of mortgage you’ll be getting, you need to choose on various interest rate options available for that particular kind of mortgage.


If it’s your first time acquiring a mortgage, here are the 5 major kinds of mortgage that you can avail of:


1. Fixed rate mortgages have fixed interest rates for a set period of time Cheap James Hurst Jersey , ranging from 1 to 5 years; some lenders can extend the duration of the fixed rate, depending on the circumstances. One downside of this kind of mortgage is that you won’t be able to enjoy a decrease in your repayments if interest rates decrease. After the fixed rate duration, the lender will revert back to their standard variable rate.


2. Variableadjustable mortgages are mortgages which allow you to overpay or underpay without penalties. This is because your interest rates will change according to the market conditions. If market conditions allow the interest rates to decrease, then you can enjoy a decrease in your repayment as well. If the market condition forces the interest rates to go up Cheap Patrick Onwuasor Jersey , your repayment goes up too.


3. Capped rate mortgages are similar to fixed rate mortgages, except the base interest rate is within the range of the lenders’ standard variable rate. Basically, borrowers will “cap” a certain point above the interest rate to avoid repaying more interest than you should. In this case, if you capped your interest rate at 4% Cheap Alex Collins Jersey , you won’t be paying more than 4% of interest in your monthly repayments.


4. Discounted rate mortgages have reduced or discounted standard variable rates for a short period of time. The duration for a discounted rate mortgage can range from 1 to 5 years; after the period is over, the lender will charge you for the standard variable rate.


These mortgages can mean the difference between savings and bankruptcy. Take the time to choose wisely and be proactive in talking with your lender about the available mortgages.


Buying a home can be intimidating! We understand. If you’re looking for Roswell mortgage broker advice and expert Sandy Springs mortgage broker


What Are Your Career Futures with an Art Degree?


By Jullie Harvard



Graduates with arts degrees often feel some difficulties to determine their career goal in the initial stage. In general view, most of jobs seem to suit the arts degree graduates but when come to decide a career goal, it seem like hard to define one. Unlike graduates from science and technology fields Cheap Tavon Young Jersey , graduates from the arts fields feel that their program of study hasn't necessarily prepared them for specific jobs or careers. Many arts degree graduates become apprehensive once graduation approaches.


Are these the facts of art degrees? Is pursuing an art degree a waste of money and will only get you a job flipping burgers? These popular art degree's myths affect many students who are interested in art degrees and they stop moving their step into art fields and force themselves to take science & technology related degrees for a brighter future.


The Facts versus Myths


In actual, the facts are contrary to the popular art degree myths, a variety of career possibilities await art graduates, almost half of all job vacancies available to new graduates are open to students with arts degrees. These employers are particularly interested in transferable skills.


Let review the true facts of t