• Embed Doc
  • Copy Link
  • Readcast
  • Collections
  • CommentGo Back
Download
 
ABOUT THE AUTHOR
PLEASE VISIT MY SITE
HTTP://INSURANCE.JIMDO.COM
Fatima graduated with a Bachelor's degree in Economics from ColumbiaUniversity and received a Masters in Economics from Singapore NationalUniversity. Fatima comes from a political background, her father Mir MurtazaBhutto - an elected member of Pakistan's parliament - was assassinated bystate police in 1996. His sister, Benazir Bhutto, was Prime Minister at thetime of his killing. Fatima is the author of two books, understanding thefinancial system published when she was 15 years old and basics of debtmanagement. Both were published by Oxford University Press.Fatima currently writes a weekly column for Pakistan's largest Urdudaily newspaper, Daily Jang, and its English sister paper, The NewsInternational. Recently She has completed her MBA in Finance from HarvardUniversity in 2006. Her diary from Tehran is the second the papersprinted; Fatima also wrote a weekly diary from Lebanon .
 
How to Determine which Mortgage isRight for YouFATIMA BHUTTO The choices that you have facing youwhen it comes to picking the rightmortgage does not make it easy to get agood one. To make it worse, there arepossibly so many different options witheach one that you would almost think itwas made to deliberately confuse. Inorder to make your selection easier, hereare a few things you need to know.Before you actually start looking, youshould sit down and think some thingsthrough. One of these important things toconsider is how long do you want to taketo pay on your mortgage. You receivemuch greater savings for fewer years. Astandard mortgage is 30 years, but you
 
can also get 15, 20, 40 and even 50years. The next thing you want to do is tobecome a watcher of market interestrates for a while. By watching them go upand down, you will know when it is a goodtime to get an excellent rate. It will alsoindicate to you (don't just take thelenders word for it), whether you shouldget an adjustable rate mortgage (ARM) ora fixed rate mortgage. Of course, if youshould make a mistake, or the economychanges significantly, you can alwaysrefinance down the road.A fixed rate mortgage is the way to gowhen the interest rates are either on theway up, or if you simply want somethingthat is stable and cannot cause youproblems later. With an FRM, you always
of 00

Leave a Comment

You must be to leave a comment.
Submit
Characters: ...
You must be to leave a comment.
Submit
Characters: ...