We know that there are different types of mortgage loans, however, when you are at the point of buying a home, you need to know what type of mortgage is best for you.The loan offers available from mortgage companies today are extensive and varied. However, despite the multitude of different brand names on the market, we can readily distinguish between four basic types of mortgage loans:(a) Fixed Rate Mortgage Loan – In this type of loan, the interest rate remains unchanged throughout the life of the loan, i.e., the tax payable on the loan is kept constant. This gives prospective home owners some level of confidence that if interest rates go up, their loan will not be affected.On the other hand, one obvious drawback of this type of loan is that, if interest rates fall, they may not benefit from it.Another feature of such loans is that they usually have a set term (usually 12 to 15 years) and the early termination fee is higher. It is important to remember this fact if you plan to use part of the future savings to reduce the loan amount or period.(b) Variable Rate Mortgage Loan: This is a loan type in which for the first year (or for the first period), the interest rate is agreed. For the remaining years, it keeps on changing according to the reference rate agreed in the contract, adding a spread that varies depending on the conditions set out in the terms of the agreement.The main advantage of this type of loan is that you benefit from the interest rate cuts.This type of loan is characterized by a longer maturity period which can be as long as 25 to 30 years, and the deferred sales charge is usually lower than is the case with fixed interest rates.(c) Joint Interest Mortgage Loan: Here, the interest rate remains fixed for two, three or more years combined, and this is followed by another period in which it is variable and is adjusted according to the prevailing conditions in the market.This mortgage plan combines both the merits and demerits of fixed and variable loans. Under this plan, the repayment terms and the early termination fees are usually similar to that of the variable rate mortgage loan.(d) Flat Fee Mortgage Loan: As the name implies, it is a loan type characterized by a flat rate. It closely resembles the fixed-rate loans considering the fact that the customer always pays the same rate regardless of changing interest rates.The one major difference is that if rates do go up, instead of the borrower paying more fees, the repayment period is extended; and if the interest rates fall, the repayment period is shortened.The main disadvantage of this loan type is the level of uncertainty associated with it, as the actual term of the loan is unknown. However, its chief advantage is that you are pretty much guaranteed that the fee will not change during the lifetime of the transaction.
Mortgage Loans – 4 Different Types of Mortgage Loans to Choose From
Statistics Programming – Easing the Pain
Different sets of software are being developed everyday just to ease man with some of his technical works such as in the field of business. These programs are specially designed to make high speed calculations and analysis of the data and come up with a soft copy of information output that can be used instantaneously after the software processes it. Statistics is one of the most complicated clerical works of anyone who is studying or working in the field of economics, politics and even social matters. Statistics is deemed to be of importance because it gives a type of descriptive conclusion or interpretation that can be very precise depending upon the quality of data that has been gathered and the competence that is given to organize, interpret and represent that data. But even with the level of competence that a person has with regards to his statistical skills, there is still a probability that a miscalculation might be made and alter the holistic outcome of the statistics.
However, because of the rapid advancements of technology and the evolution of the functions that can be performed by the humble computer software developers has come up with a certain software program that can make ease any statistician of all their statistical tasks. The development of a program that is able to perform the task of organizing and interpreting statistical data was q revolutionary breakthrough when it comes to statistical analysis help. Statistics programming is defined as the systematic calculation of all the numerical data that has been downloaded into the system wherein it is organized basing upon the categories. These categories are classified upon the nature of the data that has been downloaded. After the process of organizing the data, it will be then interpreted numerically. This function of statistical programming helps to lessen the burden of work and also to maximize the output of a statistician.
Statistical program is composed of sets of languages. There are a total of 17 categories in a statistical program and these are the following;
• Analytica, ADMB
• Gretl, GAUSS
• Mathematica
• OxMetrics
• Quantum (Programming Language)
• Programming Language, SPSS, Symbolic Data Analysis, Sysquake, SAS (software and language), Speakeasy(Computation), SHAZAM (Software)
• World Programming System
• XLispStat
Each of these categories of Statistics Programs has their own unique sets of functions. Each one of it is capable of performing specific functions about statistics. The MATRIX LAB is one of the statistics programs that are widely used today. It is a program that is provided by a certain company that is said to be fully capable of solving ad coming up with solutions with regards to any mathematical or numerical problems that are fed into it. The MATLAB assignment helps not only statistics but also other aspects that majorly require the use of mathematical equations and solving. Because of these software programs, statisticians are given more time to pay attention to other details of the data and leave the organization and the interpretation of it to the statistics software.
Video Optimization – Video Marketing Tutorial
You probably have heard about youtube.com. You can get a large amount of traffic from video sites if you will use them properly. In this video marketing tutorial I will show you how to do a proper video optimization to get maximum amount of views. I will also share you several secrets about video marketing.
I recommend to create short how-to videos from your articles which you have already written, by making PowerPoint presentations and then discusing main points of your articles.
Include your keyword in the title. If your selected keyword isn’t very long, use it twice in the title. I found that this helps to rank your video a little bit higher. You shouldn’t forget this video optimization tip!
Create a video description. Optimize your description with your chosen keyword. You can even post a whole article in the description (yeah, that’s another cool video optimization advice and you will find even better video marketing tutorial advice below!)
Include your website URL at the very beginning of your description. Use http:// format to make it clickable. You should also include your link at the beginning and end of your video. Use a watermark URL in the video at the bottom of the screen through the duration of the video.
To improve your video optimization, include a call to action at the end of the video if you want to get maximum amount of traffic from your videos.
Submit your videos to the best RSS aggregators and directories:
Feedagg.com
Feedage.com
Search for Google to find more RSS directories.
A lot of people don’t do that and by that way they are missing a large amount of traffic (so they don’t use every opportunity to make their video optimization better!). This will also will give you some valuable backlinks.
Your Youtube.com RSS feed looks like this:
<a href=”http://www.youtube.com/rss/user/”>http://www.youtube.com/rss/user/</A> [insert username here]/videos.rss
You can boost your video views by implementing a simple video optimization trick. Find other people related videos and then just simply copy their tags. This will give a good chance that your video will appear in the related videos sidebar.
If you have a web site or a blog create a video series and then split them into several parts. Put your videos in your web site. After every video give make slide which says something like that:
“Watch next part at <a href=”http://www.yourdomain.com/adsvds”>http://www.yourdomain.com/adsvds</A>
This will give you extra traffic to your web site.
Use tubemogul.com to submit your videos to 20+ video sharing sites.
The best video optimization advice that I can give you at the moment:
Use articlevideorobot.com to create videos fast from your articles. It is very easy to use and they have some valuable video marketing tutorial tips. (you can register as a free member to test it. If you want to buy it use 0E2A8D2C coupon code and get 25% discount). It is a very powerful tool and I definitely recommend to check it out. If you don’t have any written articles, just take some PLR articles.
After submitting your videos, all you have to do is to build your backlinks for higher search engines ranking.
For technical video optimization I use these softwares to produce my videos:
Camtasia (free alternative – Cam studio)
Soveig avi trimmer
Flv producer lite
I hope that this video marketing tutorial will help in the future to make your video optimization much more better!