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Feb 21 2007

Fixed & Adjustable Mortgage Rates in UK

UK Re Mortgage , Debt Consolidation, IVA

Adjustable Rate Mortgage :

Is a mortgage in which the interest rate is adjusted periodically based on a pre-selected index. Also sometimes known as the renegotiable rate mortgage, the variable rate mortgage or the Canadian rollover mortgage. Second Mortgage , IVA Debt Management,

Mortgage Broker :

One who, for a fee, brings together a borrower and lender, and handles the necessary applications for the borrower to obtain a loan against real property by giving a mortgage or deed of trust as security. Also called a loan broker. Best Remortgage , Fresh Start Loans, Debt Solution

FIxed rate Mortgage:

A mortgage with an interest rate that stays the same (fixed) for the life of the mortgage. Monthly payments for a fixed rate mortgage are very stable. Bankruptcy Advice, Bad credit car loans, UK Debt

Remortgage :

The process of paying off one mortgage with the proceeds from a new mortgage using the same property as security. Mortgage Loan Calculator , UK Debt Consolidation,

Apply for a Debt Loan , Personal Loan , IVA , Mortgage

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