Springhill Care Group: Can you choose your own term mortgage? - springhillcare's Space

(SpringhillCareGroup) 28March 2012 - People are relying on mortgage in order to buy their own house. Investing in a house is considered to be the biggest financial commitment one can ever make. Therefore, it will be beneficial for the consumer if you could choose your own mortgage term. Before you apply for a mortgage loan make sure that you take help of a loan mortgage calculator to calculate your monthly payment. This will help you determine the mortgage loan that you can afford to take out.

When a borrower chooses his own term mortgage then it will be easier for him to pay off the owed amount without a single default.

Quicken loan offers “YOURmortgage” where the consumers will determine the length of the mortgage where you can choose the term between 8 to 30 years.

Therefore, if you are not keen to apply for a standard 30 or 15-year term then refinancing your mortgage into an 18-year fixed or a 24-year fixed loan can be beneficial for you. If your loan term is short then interest rate will be comparatively lower, thereby you can save considerable amount of money.

If you take out 15 years fixed term mortgage then the interest rate will be lower than 30 years fixed term mortgage. So you can save considerable amount of money with a shorter term as less interest will be paid over a shorter amount of time. In shorter term mortgage you pay less as the loan amortizes faster. But remember that the monthly mortgage will be higher if your loan term is shorter. So this is considered to be a drawback of this mortgage program.

Reason behind choosing your own mortgage term:

You can choose your own mortgage term in accordance with your budget. This will help you avoid burning a hole in your pocket while paying back the owed amount.

You can set your mortgage term according to age you plan to retire. Therefore, before your retirement you’ll be able to pay back the mortgage loan and avoid default.

You can choose a mortgage term and then plan your budget accordingly so that you can pay off the mortgage within a stipulated time.

If you are not interested to reset your mortgage then choose to refinance it by choosing a term that keeps the collective term at the standard 30 years. Therefore, if your present mortgage is for seven years then refinancing can extend the term to a 23-year fixed.

Therefore, choosing your own term mortgage can help you determine your own payment schedule. You can make larger payment if you want to pay off your mortgage loan quickly.

Indian PM asks Norwegian counterpart to find amicable solution to NRI kids custody row | Facebook

SpringhillCareGroup -Seoul (South Korea), Mar.27 (ANI): Visiting Indian Prime Minister Manmohan Singh has asked his Norwegian counterpart Jens Stoltenberg to find an "amicable and good" solution to the NRI kids custody row, especially with a focus on keeping the welfare of the children and the interest of the parents in mind".

Singh conveyed this message to Stoltenberg on Monday on the sidelines of the nuclear security summit being held here.

Singh reportedly explained to Stoltenberg the importance of family ties in Indian culture, and expressed the hope that the outcome would be positive and within the ambit of the law, besides being in the interest of the parents and their children.

Foreign Secretary Ranjan Mathai told media after the bilateral meeting: "The Norwegian Prime Minister also made a reference to the ongoing case relating to the two Indian children, and explained that this was the matter before the Municipality of Stavanger, as well as the local court, and that the interest of the children, as well as concerns of the parents, would sought to be addressed in whatever solution is found."

Abhigyan, three, and Aishwarya, one, were placed in foster care by the Norwegian child welfare authorities in May last year, and ever since, the battle for the release of the two kids has been going on.

In fact, External Affairs Minister S.M.Krishna had last month sent Secretary (West) M.Ganapathy to settle the matter. However, the custody row has taken a turn for the worse with the Norwegian authorities saying last week that they were not going to hand over the kids to their uncle in view of the "conflicts" in the family.

The statement followed reports of differences between the parents-Anurup and Sagarika Bhhatacharya.

The two prime ministers also reportedly discussed the impact of the Indian court verdicts on the 2G scam cases.

The future presence of Norwegian telecom giant Telenor, which has multi-billion dollar investments in India, hangs in the balance following the Supreme Court cancelling 122 telecom licences allegedly involved in the scam. By Naveen Kapoor (ANI)

Original link: http://www.newstrackindia.com/newsdetails/2012/03/27/99-Indian-PM-asks-Norwegian-counterpart-to-find-amicable-solution-to-NRI-kids-custody-row.html

Bing Springhill Group Home : Demand for personal care aides expected to grow | RedGage

As the American population grows rapidly, the field of healthcare becomes alert of the upcoming strong demand for senior healthcare providers.

Personal care providers do not really do physically invasive therapies and are not under the supervision of a nurse, there are no existing federal qualifications in place for this profession.

However, nursing aides are required by government to have certain certifications to ensure their capabilities. It is an essential measure to protect the senior population. For instance, a caregiver who is not alert may effectively endanger his charge and lead to disastrous results.

Several states do have regulations in place to address the caregiving sector. In California, each county has to keep a record of healthcare providers that consists of background checks and referrals. While in Washington, aides should have finished 75 hours of basic training and pass an exam.

However, others seem to be more focused on direct care providers in general when establishing relevant legislation. Actually, most of the elderly only needs assistance in day-to-day activities and do not need a medical professional to look after them. This is where the legislators need to address.

Creating policies that concern caregivers is essential to the long-term care policy of any country. With the growing number of elderly people, the need for safe and effective caregiving for seniors is imperative.

http://www.bing.com/community/webmaster/f/12248/p/672868/9674212.aspx#9674212

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