my-bestphotos
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Tuesday, June 29, 2010
A lovely collection of photos...
While searching through the internet i have visited a blog and get fond of it...It contains some fabulous collection of photos. The collection at this blog is superb...so you also visit this blog and watch these photos...you will definitely love them all...
my-bestphotos
the alternate link is http://adf.ly/3KTo
my-bestphotos
the alternate link is http://adf.ly/3KTo
Sunday, June 27, 2010
Need an Insurance Broker?..Just look right Here...
Many people get great deals on their insurance without ever even talking to an auto insurance broker. Many people think that it just isn't possible to get a good insurance quote without going through a broker.This thought, however, is wrong. Here are a couple of things that might help you to decide if you should use a broker or not.
An auto insurance broker
will save you time. One reason that many people still use brokers is because they do not have time to shop around for insurance themselves. They hire a broker who can take their information and find the best rate for them.
A broker will save you money. An auto insurance broker is going to have inside information what is going on with different insurance companies. It is there job to know about the best deals. An auto insurance broker is a sure fire way to save money on your insurance rate.
A broker will also cost you money. A broker is not going to give you this inside information for free. They are going to charge a fee for their services. Sometimes, the fee that they charge will cancel out the savings that they can get you.
If you do have the time, however, it might be a good idea for you to skip over the broker step. Many people are saving money by shopping for their own insurance on the internet. Almost all insurance companies have websites that allow customers to shop for rates. There are even comparison websites that allow people to compare many different companies at the same time.
So should you use a broker? If you do not understand insurance policies
, and do not have the time to do the research, then a broker is a good idea. However, if you can spend the time to find your own rate, you will be able to find your cheapest option....
An auto insurance broker
will save you time. One reason that many people still use brokers is because they do not have time to shop around for insurance themselves. They hire a broker who can take their information and find the best rate for them.
A broker will save you money. An auto insurance broker is going to have inside information what is going on with different insurance companies. It is there job to know about the best deals. An auto insurance broker is a sure fire way to save money on your insurance rate.
A broker will also cost you money. A broker is not going to give you this inside information for free. They are going to charge a fee for their services. Sometimes, the fee that they charge will cancel out the savings that they can get you.
If you do have the time, however, it might be a good idea for you to skip over the broker step. Many people are saving money by shopping for their own insurance on the internet. Almost all insurance companies have websites that allow customers to shop for rates. There are even comparison websites that allow people to compare many different companies at the same time.
So should you use a broker? If you do not understand insurance policies
, and do not have the time to do the research, then a broker is a good idea. However, if you can spend the time to find your own rate, you will be able to find your cheapest option....
Mortgage Rates In India ...
The top players in this industry are housing finance companies, commercial (local as well as foreign) banks, cooperative banks and other non-banking financial companies (NBFCs). Presently Housing Development Finance
Corporation (HDFC) is the market leader followed by State Bank of India (SBI). The Industrial Credit and Investment Corporation of India (ICICI) Bank and the Life Insurance Corporation (LIC) Housing Finance Limited also have significant market share. The industry sources has reported that, 8 to 10 percent of the market share that foreign-owned banks have in the industry, Citibank has 5 percent share, followed by Standard Chartered and HSBC with about the 3 to 5 percent.
The Mortgage Financing industry was estimated approximately at US $ 18 billion in India. The mortgage industry is undergoing a change as the market is dominated by banks in the direct housing finance sector. Though the housing finance industry in India is growing for the past few years still financing through the organized sector continues to account only for 25% of the total housing investment in India (Source: LIC Housing finance).
The formal mortgage finance sector continues to elude the lower income groups. The twin problems of affordability and accessibility that hinder the progress of housing in South Asia need to be addressed. For this, governments have to withdraw from direct participation in the housing and housing finance sector and instead need take on the role as facilitators to create the enabling environment to encourage private sector capital. Further efforts of the government are required to strengthen foreclosure laws, land records need to be computerised and archaic land laws especially rental laws need a complete overhaul. Small steps such as encouraging credit bureaus, introducing mortgage insurance, allowing real estate mutual funds and creating a favourable environment to facilitate foreign direct investment in housing will help stimulate the housing finance sector. The road is long but not untenable.
Corporation (HDFC) is the market leader followed by State Bank of India (SBI). The Industrial Credit and Investment Corporation of India (ICICI) Bank and the Life Insurance Corporation (LIC) Housing Finance Limited also have significant market share. The industry sources has reported that, 8 to 10 percent of the market share that foreign-owned banks have in the industry, Citibank has 5 percent share, followed by Standard Chartered and HSBC with about the 3 to 5 percent.
The Mortgage Financing industry was estimated approximately at US $ 18 billion in India. The mortgage industry is undergoing a change as the market is dominated by banks in the direct housing finance sector. Though the housing finance industry in India is growing for the past few years still financing through the organized sector continues to account only for 25% of the total housing investment in India (Source: LIC Housing finance).
The formal mortgage finance sector continues to elude the lower income groups. The twin problems of affordability and accessibility that hinder the progress of housing in South Asia need to be addressed. For this, governments have to withdraw from direct participation in the housing and housing finance sector and instead need take on the role as facilitators to create the enabling environment to encourage private sector capital. Further efforts of the government are required to strengthen foreclosure laws, land records need to be computerised and archaic land laws especially rental laws need a complete overhaul. Small steps such as encouraging credit bureaus, introducing mortgage insurance, allowing real estate mutual funds and creating a favourable environment to facilitate foreign direct investment in housing will help stimulate the housing finance sector. The road is long but not untenable.
Saturday, June 26, 2010
Types Of Mortgage Loans...
Fixed Rate Mortgage Loan
A fixed rate mortgage loan is a mortgage loan in which the interest rate remains the same from the day you take out the loan until the day you pay it off. It is among the safest type of loan you can take. A fixed rate mortgage loan is good if you know you will be living in your home for a long time and you don't have to worry about your payment ever increasing. The biggest advantage is the fact that your interest rate will never change. A disadvantage is that many may find it difficult to come up with the huge down payment that is usually required. Another downside is if the lender reduces its rates, you will end up paying a higher rate for the fixed period. The rate on a fixed rate mortgage loan is generally higher than an adjustable rate mortgage loan.Adjustable Rate Mortgage Loan
An adjustable rate mortgage loan is a mortgage loan where the interest rate is occasionally adjusted based on a specific index. It is usually made to finance or refinance real estate and is secured by a lien on your property. An adjustable rate mortgage loan is know as an ARM for short. It is initially significantly lower than a fixed rate loan but may adjust up to 2 percentage points per year reaching a fixed cap over and above the fixed rate.An FHA Mortgage Loan
An FHA loan is a loan made by a federally qualified lender and insured by the Federal Housing Administration. It is a home mortgage that allows for a purchase or refinance with a low down payment. An FHA loan is perhaps one of the easiest mortgages to obtain because the requirements are extremely flexible, and the down payment is very low. It is excellent for someone who has less money to put down, and someone who has large debt or whose credit is poor.A VA Mortgage Loan
A VA loan is a loan that is guaranteed by the Department of Veterans Affairs, or VA. It is available only to veterans and is geared toward providing modest housing for individuals with moderate to low incomes. A VA loan is an excellent opportunity for eligible veterans to purchase a home, often at a lower interest rate. It is literally no money down and is simply a fixed rate mortgage with a very competitive interest rate.
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