Payback is a word with double meaning. It can imply something good or bad. Think karma in Buddhism and Hinduism. Karma suggests that every deed, good or bad, has its consequences. In other words, there is cause and effect for everything you do. When it’s payback time, you will see the result of your past... [read more]
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Home loan lump sum partial pre-payment of mortgage can be useful to build good credit, but it is not always a good idea.
The post Home loan lump sum partial pre-payment – is it a good idea? appeared first on iCompareLoan.
Soaring mortgage rates have not deterred Chinese buyers from investing in prime areas
The post Soaring mortgage rates not deterring wealthy Chinese from investing in residential property market appeared first on iCompareLoan.
To some people, it makes sense to pay off their home loan early. After all, it feels really nice to be finally debt-free and not be burdened by a home loan. Doing so can save on the interest as well. And now that interest rates are rising, with the US Fed having just increased the…
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The benefits of longer fixed rate mortgage loans do not necessarily outweigh their costs and risks to borrowers, said Tharman.
The post Longer fixed rate mortgage loans are not necessarily good for borrowers, Tharman appeared first on iCompareLoan.