Comments on: Fixed, Adjustable, Convertible, Balloon: Know the Differences Before You Apply http://finmats.com/2008/09/18/different-types-mortgages/ Financial Facilities, Insurance and Legal Tips and Information Fri, 29 Jul 2011 05:00:24 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: pablopabla http://finmats.com/2008/09/18/different-types-mortgages/comment-page-1/#comment-207 pablopabla Mon, 29 Sep 2008 02:17:19 +0000 http://finmats.com/?p=71#comment-207 <b>Money Penny</b> : Though it is stated that Islamic Financing Loans are based on syariah principles and fixed rate interests (they call it profits), they are essentially like normal mortgage financing facilities - just called in another name. I do stand corrected on my point as I must confess that I am not an Islamic Financing expert. It is just my viewpoint from looking at the facilities as a layperson. Money Penny : Though it is stated that Islamic Financing Loans are based on syariah principles and fixed rate interests (they call it profits), they are essentially like normal mortgage financing facilities – just called in another name. I do stand corrected on my point as I must confess that I am not an Islamic Financing expert. It is just my viewpoint from looking at the facilities as a layperson.

]]> By: Ms Money Penny http://finmats.com/2008/09/18/different-types-mortgages/comment-page-1/#comment-205 Ms Money Penny Fri, 26 Sep 2008 09:09:54 +0000 http://finmats.com/?p=71#comment-205 Thanks Pablo. However, I'm really quite lost on how the Islamic Financing Loans work. Are they essentially the same as the normal mortgage financing facilities? Thanks Pablo. However, I’m really quite lost on how the Islamic Financing Loans work. Are they essentially the same as the normal mortgage financing facilities?

]]> By: pablopabla http://finmats.com/2008/09/18/different-types-mortgages/comment-page-1/#comment-203 pablopabla Thu, 25 Sep 2008 06:11:03 +0000 http://finmats.com/?p=71#comment-203 <b>Money Penny</b> : The Islamic Loan Financing gears towards fixed rates. I suppose the rates can only go up judging from the current global economy meltdown. <b>Avatar</b> : Have you got yourself a loan using fixed rates? Money Penny : The Islamic Loan Financing gears towards fixed rates. I suppose the rates can only go up judging from the current global economy meltdown.

Avatar : Have you got yourself a loan using fixed rates?

]]> By: Avatar http://finmats.com/2008/09/18/different-types-mortgages/comment-page-1/#comment-202 Avatar Sat, 20 Sep 2008 03:58:18 +0000 http://finmats.com/?p=71#comment-202 Dear Ms. Money Penny, I second that. Fixed rate are the best. Less headaches. Rgds Dear Ms. Money Penny,

I second that. Fixed rate are the best. Less headaches.

Rgds

]]> By: Ms Money Penny http://finmats.com/2008/09/18/different-types-mortgages/comment-page-1/#comment-201 Ms Money Penny Fri, 19 Sep 2008 03:56:34 +0000 http://finmats.com/?p=71#comment-201 I am leaning towards fixed rate mortgages for the time being. Who knows how the interest rates are going to go with all this financial uncertainty! I am leaning towards fixed rate mortgages for the time being. Who knows how the interest rates are going to go with all this financial uncertainty!

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