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Mortgage rates are still low. Refinance now and save.

Federal Student Loan Article

About 1/3 of the loans offered today are "subprime." A "prime" loan is given to people with excellent credit. These are the rates you normally see advertised on t.v. and in newspapers. A "subprime" mortgage is a loan offered to people with bad credit; it usually carries a higher interest rate. This higher rate is meant to compensate the bank for the extra risk they are taking on. The good news: People with less than stellar credit can still get a home loan. Rates are higher, but it may still be a good deal as opposed to renting. Everybody and their brother are becoming mortgage brokers these days. The competition has really helped in getting affordable loans into everybody's hands.

Always ask your loan broker what the real interest rate on the mortgage is. Many times advertised rates do not take fees into account and compounding schedules. Take the Good Faith Estimate they give you bring it to your financial advisor. They should be able to tell you exactly what the bank is giving you.

Lock in a Low Rate Now

Interest rates are at a 40 year low - get your quote here from a member of the BBB.

Federal Student Loan companies, reviews, and further research:

Canadian Federation of Students - Canadian Federation of Students Student group deals largely with issues concerning student loans and student debt.
William D. Ford Federal Direct Loan Program - William D.
Student Market - Student Market Provides information on federal stafford and federal plus student loans.