Imperial War Museum? - picture scanned by me Ian Dunster 12:10, 14 September 2005 (UTC) from: Tank Museum Guide. Part I - 1915-1918 - Royal Armoured Corps Centre, Bovington - (No ISBN) and uncredited.
A key component of my current research/work includes the evaluation of entomological-infestation measures and control tools for Ae. aegypti. As part of the activities of the Collaborative Unit for Entomological Bioassays UADY we test…
24. 11. 2003A mortgage is a loan used to purchase or maintain real estate, including houses and commercial properties. A buyer repays the loan in monthly installments.
Why Do People Need Mortgages?The price of a home is often far greater than the amount of money that most households save. As a result, mortgages allow individuals and families to purchase a home by making only a relatively small down payment, such as 20% of the purchase price, and obtaining a loan for the balance. The loan is then secured by the value of the property in case the borrower defaults.Can Anybody Get a Mortgage?Mortgage lenders must approve prospective borrowers through an application and underwriting process. Home loans are only provided to those with sufficient assets and income relative to their debts to practically carry the value of a home over time. Additionally, a person’s credit score is evaluated when deciding to extend a mortgage. The interest rate on the mortgage also varies, with riskier borrowers receiving higher interest rates. Mortgages are offered by a variety of sources. Banks and credit unions often provide home loans, in addition to specialized mortgage companies that deal only with home loans. You may also employ an unaffiliated mortgage broker to help you shop around for the best rate among different lenders.What Does Fixed vs. Variable Mean on a Mortgage?Many mortgages carry a fixed interest rate. This means that the rate will not change for the entire term of the mortgage, typically 15 or 30 years, even if interest rates rise or fall in the future. A variable- or adjustable-rate mortgage (ARM) has an interest rate that fluctuates over the loan’s life based on what interest rates are doing.