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No. It has nothing to do with being married or not. If that was the case that would be discrimination.

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Q: Does being married get you a better mortgage interest rate?
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How can one figure out if the bank is offering the best deal for a mortgage?

There are several ways to figure out if the bank is offering the best deal for a mortgage. The interest rate on the mortgage is an important factor, lower is better. The length of time over which the mortgage is being paid is important too.


Which is better being married or single?

being married is better


Do you still pay interest on mortgage if you die?

You, personally, do not, what with being dead and all. Your estate, however, is still responsible for the mortgage.


What are the disadvantages of a variable interest rate mortgage?

A variable interest rate mortgage is one where the amount of interest being charged may change during the course of the mortgage depending on the current interest rates, but the usually monthly payment remain the same. The disadvantages of this type of mortgage is that if interest rates go up more of the monthly payment goes towards paying the interest instead of the principal, taking longer to pay off the mortgage. If rates go to high, the monthly mortgage payment may go up, this is rare however.


What websites have simple mortgage calculators?

Most banking and mortgage websites will have simple mortgage calculators. These calculators are handy at being able to calculate mortgage payments based on principal, interest rate, and duration.


You are on the deed but not the mortgage. Can you pay the mortgage without being on the mortgage if you want to keep the house?

You can make mortgage payments if you're not on the mortgage. However, you would be a volunteer and paying the mortgage in and of itself wouldn't give you any interest in the property. You would be paying for someone else's property.However, if your name was added to the property after the mortgage was granted you would be protecting your interest in the property by making certain the mortgage is paid on time.


What is the current interest rate being offered by Chase Mortgage for a home loan?

Interest rates have now been placed at 2.63 percent


Why would one wish to switch to a mortgage interest only type of mortgage?

An interest only mortgage means monthly payments only go towards paying the interest and the actual borrowed amount is only paid at the end of the mortgage period, funded by something like a savings account. However, with these types of mortgages, some people have concerns about being able to pay the final amount.


What information is needed in order to use a bankrate mortgage calculator?

In order to correctly use a bank rate mortgage calculator one will need to know the amount of their mortgage, the term of the mortgage, interest rate, the start date of the mortgage as well as monthly payments being made.


What is a legal mortgage?

A legal mortgage is a security interest granted to the lender by the owner of property as a condition of the loan. A note details the specifics of the money being loaned to the borrower. The mortgage refers to a security interest which the borrower grants the lender. The lender takes the security interest so that if the borrower defaults on the loan, the lender can seize the underlying asset (the real property, or home).


How are commercial property mortgage rates calculated in general?

Commercial property mortgage rates are calculated primarily on the total value of the property being purchased. Other factors, such as down payment and interest rates will also affect the mortgage rate.


Which of the following could result in some people being priced out the option to buy a home?

An increase in mortgage interest rates. apexxx