Another Round of EU-Iran Talks Starts April 10 - Will Iran Be Referred To The UN Security Council?
Iran's objection to ratifying the International Atomic Energy Agency's Additional Protocol of the IAEA is said to be the main obstacle to dispelling fears that it is not building a nuclear weapon. Iranian and EU officials meet April 10 to try to resolve a stalemate in their negotiations over this issue.

The Iraq Study Group A Hazy Patch of Nation Building - America & Iraq: Seduced by Fear, A New Book by Author Dr. Amaal V.E. Tokars
In her book, America & Iraq: Seduced by Fear, Dr. Tokars brilliantly coins 2 necessary freedom terms: 1. Textual Imagery: information and communication filtered to citizens second by second. 2. Organic Citizenry: citizens who access not only the facts, but responsibly analyze those facts. Tokars challenges her readers to be Organic Citizens, to commit themselves to decipher and challenge all Textual Imagery -- including The Iraq Study Group Report.

Mid-Term Elections Put Canadian Drugs Back in the Spotlight
A Democratic majority in the House will loosen restrictions on drug importation from Canadian online pharmacies and give Americans a safe and reliable alternative to excessively high drug prices. But consumers do not need to wait for Congress to pass new legislation ? the opportunity to order safe and affordable medications has never been better.

Fighter Pilot David Bishop?s Miraculous Healing in the Euphrates River, Iraq, Put Him on the Road to the White House Paved by Powerful Corporate
Powerful corporate executives, denied defense contracts by the present administration, acquire all computer voting machine companies and elect retired fighter pilot David Bishop President of the United States.

New Study Suggests Hillary Clinton is the Democrats' Best Chance to Win
A statistical analysis of polls from the battleground states suggest that Hillary Clinton has the best chance to win a general election against the Republicans.

Home Loans and Mortgages т€“ The Selection Can Be Bewildering

For years, when someone wanted to purchase or refinance a home, the choices were simple. The buyer chose either a 15-year fixed-rate mortgage or a 30 year fixed-rate mortgage. That was it. Of course, those were also the days of twenty percent down payments, which seriously hindered the ability of many Americans to obtain the loan necessary to buy their own home. In recent years, more flexible loan types have become available and down payment requirements have been relaxed. There are now far more choices of loan types available for the borrower than ever before. That can be a mixed blessing, however, as prospective borrowers now have to do a tremendous amount of homework in order to determine which type of loan might be the best choice. The selection of loan types that are currently available can be quite bewildering, and the wrong choice could cost the prospective borrower thousands of dollars over the term of the loan.

The standard 15-year and 30-year mortgages are still quite popular. Each provides the stability of a fixed interest rate and a payment that will remain the same throughout the duration of the life of the mortgage. When interest rates are near historic lows, as they are today, these traditional choices work well for most buyers. Buyers who find a 15-year or 30-year mortgage to be within their means would probably benefit from obtaining such a mortgage now.

In recent years, as home prices have increased faster than wages, the lending industry has created more flexible types of mortgages designed to help buyers who may have trouble with traditional loans obtain financing. These types of loans tend to have adjustable interest rates:

The Adjustable Rate Mortgage, or ARM, has a rate that adjusts over time as spelled out in the mortgage agreement. Typically, the rate at the time of singing the loan is lower than that of a traditional mortgage, perhaps by one percent or so. The difference is that the rate can adjust over time as the market changes. The loan agreement will spell out how often the rate may change and how much the rate may change at one time. The agreement may also indicate a maximum interest rate that may be charged over the life of the loan. These types of loans are ideal for buyers who do not intend to stay in their home for more than a few years, or buyers who are purchasing in times of high interest rates, when there is an expectation that rates will drop over time.
Convertible mortgages are ARMs that offer the buyer an opportunity to "convert" the adjustable rate loan to a fixed rate loan after a certain period of time that is spelled out in the loan agreement. There is a fee charged for converting the mortgage, but the fee is typically less than the fees associated with refinancing the mortgage altogether.
Two Step mortgages offer an initial rate that is lower than the rate for fixed-rate mortgages for the first few years of the loan. After a set period of time, the rate increases to a fixed rate. This allows buyers to pay less during the early years of their loan, when they may earn less or need extra cash for home furnishings. The disadvantage of this type of loan is that the increase in the interest rate can be substantial, and may make the payments unaffordable for some buyers..
These are just a few of the types of loans that are currently available in the market. There are probably dozens of variations on ARM loans, and prospective buyers should study their options carefully before agreeing to a loan. Making the right choice could save buyers thousands of dollars over the life of the loan. Making the wrong choice could leave buyers with a loan that they cannot afford to pay. A little time spent on research is time well spent.

ТЉCopyright 2005 by Retro Marketing.

Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including End-Your-Debt.com, a Website devoted to debt consolidation information and HomeEquityHelp.net, a site devoted to information on home equity loans.

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