Fixed Rate Mortgages Baltimore MD

Fixed rate mortgages are certainly the mortgage of choice. Interest rates have gone as low as they will ever go and with the money markets reporting increased costs now looks like the best time to go for a fixed rate mortgage if you want to get the cheapest possible mortgage.

Ideal Federal Savings Bank
(301) 669-1629
1629 Druid Hill Ave
Baltimore, MD
 
Hon. Gary T. Padussis (RFC®), CSA, PHD
(410) 576-3200
500 East Pratt St 11th Floor
Baltimore, MD
Company
UBS Financial Services, Inc.
Qualifications
Education: MS phd
Years of Experience: 23
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IARFC
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Invoice, Portfolio Management, Pension Planning, Retirement Planning, Stocks and Bonds, Mutual Funds, Mortgage Loans, CommOptions, Precious Metals, CD Banking, Annuities, Life Insurance, Long Term Care Insurance, Education Plan, Charitable Foundations, Asset Protection, Compensation Plans

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David Natoli
250 West Pratt Street
Baltimore, MD
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Pension for Highly Compensated Owners,Stock Market Alternative,Reverse Mortgage,Disability Insurance,Retirement Planning,Long-Term Health Care Planning,Annuity Ideas & Strategy Planning,Retirement Income Distribution Planning,Fee-Only Comprehensive Financial Planning,Mortgage Refinancing,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Alternative Investments,Annuities,Alternative Asset Class Planning,Commission-Only Financial Planning (Full Disclosure),Estate Tax Planning,Education Funding &

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Agm Financial Services Inc
(410) 727-2111
2 North Charles Street Ste 850
Baltimore, MD
 
Columbia National Real Estates Finance
(410) 837-4000
100 E Pratt St
Baltimore, MD
 
Liberty Federal Savings Ala
(410) 752-3070
401 North Howard St.
Baltimore, MD
 
Wise Financial Services Inc
(410) 369-1090
401 E Pratt St Ste 611
Baltimore, MD
 
Mercantile Mortgage Corp
(410) 347-8940
2 Hopkins Plz Ste 900
Baltimore, MD
 
Madison Funding Inc
(410) 662-0104
2530 N Charles St #200
Baltimore, MD
 
Provident Bank Of Md
(410) 576-4300
10 N Calvert Street 8Th Floor
Baltimore, MD
 
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Fixed Rate Mortgages

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Make sure you get the Best Fixed Rate Mortgage available

Author: Direct Traffic

Fixed rate mortgages are certainly the mortgage of choice. Interest rates have gone as low as they will ever go and with the money markets reporting increased costs now looks like the best time to go for a fixed rate mortgage if you want to get the cheapest possible mortgage. Costs to lenders are increasing and with the low interest rates it has made it more difficult for them to make profits as they have been hit by many getting almost no interest loans.

With demand increasing for fixed rate mortgages, lender’s can focus their offers on this type of mortgage and introduce offers to grab the public. You do have to be careful you fully understand what the terms of each mortgage are in order to get that cheap fixed rate mortgage.

Lenders do have to clearly list the interest rates and fees applicable for each mortgage however do pay particular attention to booking, arrangement and exit fees as although the rate may mean cheaper monthly repayments for you the fees make the fixed rate deal more expensive than your current mortgage.

Different lenders offer different options with their mortgages such as they may allow you to overpay on the mortgage or take a payment holiday should you have difficulty making your repayments for a month or two. You will have to consider whether these features are important to you or if you simply want to find a fixed rate mortgage which is the cheapest.

The biggest factor after your ability to repay on being offered a cheap fixed rate mortgage is the deposit you can put up. Lenders are still very cautious so if you can alleviate some of their concerns and lower their risk then the cheap fixed rate mortgages will be opened up to you. The cheapest deals are for those who can put up forty per cent deposits which I admit very few people can afford, if you are able to put up twenty five per cent then there are still some good fixed rate deals available to you. If you can’t put up ten per cent then unfortunately you are unlikely to obtain a mortgage, the advice is save as much as possible or ask family for help to put in a good deposit.

About the Author:

Kim has 2 years experience in the finance industry. She Enjoys writing articles on different finance related topics and has extensive experience in Mortgages and how to find the best rate.

Article Source: http://www.articlesbase.com/mortgage-articles/make-sure-you-get-the-best-fixed-rate-mortgage-available-955438.html