Archive for December, 2012

Fixed Rate Mortgages vs. Adjustable Rate Mortgages

posted on December 26th, 2012 | filed under: Uncategorized

An article by Samuel Scott Financial Group.

In this video, Debra Roberts, a Mortgage Advisor with Samuel Scott Financial Group, explains the difference between two common types of mortgages: Fixed Rated Mortgages and Adjustable Rate Mortgages. She breaks down the pros and cons for each type of mortgage and answer the most common questions borrowers have about these two types of home loans.

An Adjustable Rate Mortgage (ARM) is often called a variable mortgage because it tends to vary based on an index and a margin. It’s not uncommon to see an initial interest rate for an Adjustable Rate Mortgage to be at a discounted rate, usually lower than the rate for a fixed rate mortgage. Over time, the rates will fluctuate depending on whether or not general interest rates are going up or down.

On the other hand, a Fixed Rated Mortgage (FRM) will not vary over time. The interest rate and the monthly payment will remain the same over the entire life of the mortgage term, which are typically being 15 or 30 years.

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posted by Jeff DeChamplain // Leave A Comment

Home Loans Options for Borrowers with Bad Credit

posted on December 20th, 2012 | filed under: Uncategorized

An article by Samuel Scott Financial Group.

In today’s economy, it’s not uncommon for borrowers to have less than perfect credit.  When the housing market crashed in 2008, many people lost their jobs and were left struggling to make ends meet.  These financial hardships led to missed mortgage payments, foreclosures and sometimes even bankruptcies.  But now, as the economy begins to shift, many people are beginning to move forward financially and would like to reenter the housing market.

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San Diego Holiday Pet Festival

posted on December 19th, 2012 | filed under: Uncategorized

San Diego, CA – Located at Children’s Park, the “San Diego Holiday Pet Festival” is a second annual event – fun for you, your family & your pets! The event includes live entertainment, exciting games, Artic Zero ice cream, Speed Stack Competition, pictures with “Santa Clause”, Face Painting, and much much more! More Info

Proceeds benefit www.kidsofamerica.org

December 21st  & 22nd – 10:00 am to 5:00 pm

Contact: 858-222-9137

Email:Events@theholidayfestival.com

 

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It’s Snowing In Encinitas!!

posted on December 7th, 2012 | filed under: Uncategorized

Annual Garden Of Lights is Featuring Snow

Encinitas, CA -The San Diego Botanic Garden will present its annual Garden of Lights holiday event beginning on December 8. The Garden will be transformed into a dazzling winter wonderland with over 100,000 sparkling lights illuminating the Garden for a magical holiday experience. Snow will blanket the Garden between December 8 – 13 and again from December.

More Info

 

 

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Jeff DeChamplain