When Should I Choose an Adjustable Rate Mortgage?

Today's Adjustable Rate Mortgages (ARM) are much more stable than their predecessors. The uncertainty of the amount of your next month's mortgage payment was considered too much a financial risk. Homeowners wanted the security of knowing that their most important investment would not transform into a burden on their income. Regardless of the initial lower rate advantage of ARMs, fixed rate mortgages have always been considered the wisest choice.

Times have changed. Families are on the move. Traditional Thirty Year Mortgages are too inflexible for the contemporary lifestyles of today. People want to have access to a more positive cash flow month to month. They want to use and control their funds in more creative and aggressive ways to secure their financial futures. ARMs are the answer.

There are many programs available that can accommodate your particular needs. Mortgage products range from Negative Amortized, Balloon Payments, Interest Only, One-Time Adjustable Rate, Etc. Depending on your goals, these programs can be tailored to get you the results you want and need.

Imagine having access to your property's future equity right now. Instead of making payments that have part of it goes directly to principle, you keep it. Current low rates of the ARMs allow you to pay less on your mortgage. This results in more cash in your pocket every month. Even though the thirty- year fixed rates are at forty-year lows, they are still the highest rates available. You are required to pay the principle and interest every month without fail.

Negative Amortized Loans are very popular right now because it has multiple payment options to choose from every month. You can choose to make a minimum payment, an interest only payment, principle and interest payment or a 15 year amortized payment.

There are also products that have a combination of both Fixed and Adjustable Rates. They begin as a low fixed rate for 3, 5 or 7 years and then adjust one time to the 30 year rate at that time for the remainder of the loan.

Interest Only Loans give you the option to pay the interest due for that month. Even though you are not making and payments toward your principle, the equity in your property will continue to increase during that time.

With the economy precariously balanced, most people are refinancing about every 5 to 7 years. In an effort to get the lowest rates, borrowers are incurring more costs with every refinance they do. ARMs, with all their options, are already in a position to clutch and brake with market and economy. In short, you can control your mortgage instead of it controlling you.

Michael Dunne is a Senior Loan Officer for Security Pacific Financial. Mike's success is due to his philosophy of providing the customer with quality product and delivering it on time with impeccable service. Michael's ability to build genuine rapport in addition to his knowledge in the industry provides his borrowers with a sense of security.
Michael lives by the beach in San Clemente, California with his son, Chance, where they both enjoy the surf.

Show Me The Money

Whether you call it a Senior Settlement, Lifetime Settlement, or High Net Worth Transaction - Life Settlements have become a very important factor in the estate planning process for seniors.

Prior to the Life Settlement Industry, if a senior owned a policy that was no longer wanted, needed or affordable, there was no option but to lapse, cancel, or surrender the policy back to the carrier for the cash surrender value.

Life settlements allow qualified policy owners to liquidate a policy for an amount much higher than the cash surrender value. Then, these seniors can take advantage of important financial opportunities using the proceeds of an unwanted, unaffordable or obsolete life insurance policy.

Today, with the advancement of Life Settlements as a mainstream financial product, Life Insurance Companies now face competition for the surrendered policies that they once monopolized.

The Life Settlement Industry has created a competitive secondary market for life insurance policies. Consumers are now in the driver's seat, free to sell their policies in an open market for the highest available price, well above the cash surrender value offered by insurance companies.

Successful investing via a Forex Managed Account

There are some very important factors that you must know if you want to successfully invest into a managed account.

The reality is that no forex trading strategy will work, unless you can find an honest broker. This is the hardest part of trading and much more of a challenge than the actual trading system itself.

For any new traders out there it is useful to know that there are two types of brokers. Dealing desk (DD) or ECN/STP. An ECN/STP broker will not interfere with your trades as they make their money on commission on every trade that is taken win or lose.

STP = Straight through processing. What this means is that your trading order will be placed straight through to the liquidity pool provider rather than being placed through a dealing desk.

A Dealing Desk will be aware of where you have placed your stops as they can see this on their systems and therefore they can trade against your positions or run your stops (Sometimes called stop gunning) and the more you win, the more you are red flagged!

So when you join any accountforex managed program you want to make sure the trade team trades the managed account through a true ECN/STP forex broker.

How do you choose a good Managed Account Provider?

Well a quick google search and you will find literally hundreds of them and over the years I have tested many. The only one that I can personally recommend is www.forexmanaged.co.uk. I have invested with them since 2009 and they have delivered some truly excellent results. In fact over 70% per year for me pretty much every year, so no complaints from me!

The managed account to go for is called Premium FX, this is the one that I am with and can recommend. They will give you a read only access to view all the live trades as they happen and the account is still in your name and controlled by you, so from a security point of view it is excellent.

New Borrowing Requirements May Need New Payday Loans

The new payday loans are a radical departure from some forms of existing borrowing.

Here’s a quick summary as to how:

Unlike some conventional borrowing, payday loans do not necessarily require you to have an excellent credit history before approving an application – you’ll see why below;

The sums they make available are modest in comparison to other loan types but this means that the risks for potential lenders are smaller – that’s why they may be far more understanding of credit history problems and less inclined to refuse applications;

They are designed to fill a niche in the marketplace – people that have an urgent requirement for a smaller loan (for any purpose whatsoever) until they next get paid;
New payday loans are also designed to be fast and this means that they have a streamlined online application process – no more need for faxes and conventional mail delays and you’ll typically be able to receive a very fast (possibly instant) response with a yes/no answer;

Of course, a fast decision is very helpful but what may really count is how fast you can gain access to the cash if approved – the good news there is that some providers may be able to make an immediate credit payment into your bank account so the money will be available for you to use within a very few hours of your first application (though not all loan providers may be able to offer this facility);

These loans are also not intended to be repaid over many months through multiple individual repayments – they are designed to be much more simply repaid in one go, around the date of your next payday (which is why they’re called payday loans);

Some providers may make the repayment process simple as well – you only have to ensure that you have sufficient funds in your account to cover the sum agreed (essentially the original loan plus the provider’s charges) and they will debit your bank debit card on the agreed date, which will repay and conclude the loan;

Although new payday loans are principally designed for smaller amounts, perhaps up to £1000 may be available to help deal with things such as an unexpected crisis.