Posts Tagged ‘seattle mortgage’

Can I rent out my home with a VA mortgage?

Friday, February 26th, 2010

We are getting stationed out of state and having a hard time selling our home. We have been living in it for a year and thinking if we can’t sell to rent it out. Is this an option for us? Do we have to contact the VA or our mortgage company to let them know we are wanting to rent it?

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Student Loan Interest Rate…?

Monday, November 30th, 2009

I am confused about two different offers I’ve been given for student loans. One lender is offering me the Prime Rate (currently 8.25%) + 0% extra, while the other lender is offering me the LIBOR rate (currently 5.360%) + 3.6%. I was told that the Prime Rate decreases slower than the LIBOR (if it does occur). The LIBOR fluctuates quarterly, while I guess the Prime Rate changes annually?

Which is a smarter deal? I find this confusing.

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