Current Mortgage Rates

November 29, 2007 by MoreMerchant · Comment
Filed under: Home, Loans, Save Money 

Have you been watching the current mortgage rates? The rates have dropped and if you are in need of a lower payment than it may be time to start talking to a mortgage professional. Check the links on the side for great mortgage rates.

Current Mortgage Rates
30 yr fixed mortgage
5.79%
5.89%
15 yr fixed mortgage
5.35%
5.45%
5/1 ARM
5.51%
5.49%
30 yr fixed jumbo mortgage
6.64%
6.65%
5/1 jumbo ARM
6.03%
6.00%

Fixed Rate Mortgages

November 29, 2007 by MoreMerchant · Comment
Filed under: Featured, Home, Loans, Real Estate, Save Money 

Fixed Rate MortgagesEarlier I touched on Adjustable Rate Mortages (ARM). Now I want to jump into the fixed rate mortgages.

They say it is time to refinance when your rate is 1 percentage point higher than what you can get on a new loan. So with loan rates dipping below 6% and possibly going lower towards the end of the year it may be time for you to refinance your home loan.

Have any questions on your fixed rate mortgage? Well, many do, just be glad that you aren’t stuck in a ARM loan that you can’t afford. At least with a fixed rate it is easy to compare and see if you should refinance that mortgage. Just remember the 1%. That is a good place to start.

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Time to Refinance - ARM and Conventional Loans

November 29, 2007 by MoreMerchant · Comment
Filed under: Featured, Home, Loans, Misc, Save Money 

What does HOME EQUITY mean?The Mortgage loan industry continues to be tricky. Mortgage rates have begun to trickle downwards over the past few weeks. They are now settling down to early summer / late spring mortgage rate levels.

People are looking to refinance especially those in the middle of a Adjustable Rate Mortage (ARM) mess. Is it time for you to look for a different mortgage? With the Fed rates probably being lowered at least another quarter point in December it may be time to start looking, expecially if you are in a ARM Loan scenario.

How Long Does it Take Bloggers to Get 1st Check

November 29, 2007 by MoreMerchant · 6 Comments
Filed under: Blogging, Featured, Make Money on Web 

I am asked how I make money online. When I go into detail everyone is so eager to do what I have done. It is understandable. I make a lot of money on the net and people see it as easy money.

Is it easy? Well yes and no. It is pushing keys on a keyboard. That is easy. On the other hand it takes time and persistence. It doesn’t come fast. You have to write, you have to market, you have to plan etc…

The money doesn’t come fast. It grows steadily, but don’t expect to et rich overnight. Nothing is that easy. If it was we would all be loaded.

So how long did it take you to get your first check? You can post anonymously if you like but I would sure like to hear the average length it takes people to get their first check.

Also how exciting is that?! It is awesome!

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