Fixed Rate Mortgages Hagerstown 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.

David P. Pankiw (RFC®), MSFS
(301) 790-3599
240 S Potomac St Ste 204
Hagerstown, MD
Company
CUBIC Financial Advisors
Qualifications
Education: BS
Years of Experience: 25
Membership
IARFC
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Trustee Service, Pension Planning, Executive Compensation Planning, Retirement Planning, Medicaid Planning, Tax Planning, Tax Returns, Seminars Work, Family Offices, Stocks and Bonds, Mutual Funds, Mortgage Loans, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Charitable Planning, BuySell, Compensation Plans

Data Provided by:
Allied Home Mortgage Capital Corporation
(301) 791-0390
651 Potomac Ave
Hagerstown, MD
 
Hagerstown Trust Co
(301) 739-0850
83 West Washington St
Hagerstown, MD
 
Stockton Turner LLC
(717) 597-1200
11412 Williamsport Pike
Greencastle, PA
 
Monocacy Home Mortgage LLC
(240) 379-8300
75 Thomas Johnson Dr Ste K
Frederick, MD
 
Susquehanna Bank
(301) 790-6971
59 West Washington Street
Hagerstown, MD
 
First Horizon Home Loan Corporation
(301) 790-2320
1185 Mount Aetna Rd
Hagerstown, MD
 
Huntington National Bank
(301) 739-3944
186 Eastern Blvd
Hagerstown, MD
 
Millennium Financial Group Inc
(301) 371-3355
207B S Church St
Middletown, MD
 
Fidelity And Trust Mortgage Inc
(304) 260-9433
317 Aikens Ctr
Martinsburg, WV
 
Data Provided by:

Fixed Rate Mortgages

Provided By:

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