The True cost of CreditWritten by Aimee Phillips
The current house price boom has perhaps passed its peak as I write this, but that doesn't stop mortgage companies from offering yet more new and tempting products that look like good deals for a consumer. But be warned - The standard mortgage, running over 25 years is set like that for a reason! When you see companies offering '40 year mortgages' or 'low start' mortgages, or perhaps even 'interest only' mortgages, you should understand these shiny new products may have a nasty sting in their credit tail!Perhaps ultimate expression of lending absurdity is Japan, where at peak of their last boom, 'Grandfather - Father - Son' mortgages were common. These committed unborn future generations to mortgage payments incurred by their predecessors (a situation thankfully illegal in most parts of world!). Could it ever happen here? Probably not, but extension of 'standard' mortgage terms on lower interest rates are not actually a good thing for ordinary Joe, even though they are touted as being 'more affordable', and should be viewed with deep distrust, simply because it means YOU WILL PAY MORE over life of loan. Don't believe me? Try working out math, instead of simply looking at monthly repayment figure.
| | Forex Signal, Forex Signals AdviseWritten by Labuan FX
There are lot's of Forex signals providers out there. New Forex traders might be thinking of looking for a reliable Forex signals provider. Is there any reliable Forex signals providers available?Personally, I will say do not pay for Forex signals. Think about it - if a Forex signals provider sells Forex signals for living, you can doubt their Forex trading skills? Or else if they are pretty good in Forex trading and making lot's of profit, I am wondering why do they still bother to sell Forex signals for money. Thus, what would be value of such Forex signals providers? The answer is ZERO. There are Forex traders who have been relying on Forex signals arguing those Forex signals providers really help them making money in Forex trading. These Forex traders can even show their Forex trading logs as evidence. After some though, I came out with assumption that assuming I am owner of a Forex signals provider, in order for my business to be in black, obviously I need some satisfying customers. If I have 100 new customers this month, I send out buy signal for 50 of my new customers while another half with sell signal. At end, I will able to have "some satisfying customers". Finally, free advertising and testimonial will be made available.
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