Gäste » The Chinese Rice Diet

In the first three months of 2002 Bo Jackson Black Jersey , just 9% of all new mortgages were taken as interest only - but by the last quarter of 2005, the figure had risen to 23%. And amongst first time buyers, the figures rose from 6% to 15%. (Source: Council of Mortgage Lenders.)


The reason is obvious. It's down to family economics. With an interest only mortgage, the monthly repayments only repay the ongoing interest so your monthly repayment is low. Repayment of the capital borrowed is delayed to the end of the mortgage when it has to be repaid as a lump sum. So the popularity of interest only mortgages is a reflection of borrowers wanting to minimise their fixed monthly outgoings in order to preserve their lifestyle ? they still want their nice cars, nights out and holidays abroad. But their reluctance to cut back on their life style spending Hunter Renfrow Camo Jersey , combined with steadily rising house prices, could be storing up problems for the future. If they're not repaying some of the capital now, how are they going to repay it?


Egged on by the concerns voiced by the Financial Services Authority (FSA), many lenders are now becoming much stricter when assessing an application for an interest only mortgage. They're insisting that there's a viable repayment vehicle in place before they'll payout the money. These repayment vehicles could be the tax-free cash forecast from a pension policy, or an ISA or some other regular investment or savings scheme. The danger is that having got the mortgage Foster Moreau Camo Jersey , the borrower subsequently cancels their savings scheme.


If that were to happen, when retirement finally arrives accompanied by the looming commitment to repay the mortgage capital, they'll be faced with having to sell their home and down size simply to free up money to repay the mortgage. And that's a scenario that lenders and the FSA are anxious to avoid.


Twenty years ago interest only mortgages were the accepted norm with endowment policies being used as the most popular investment to repay the capital. But as we now know, returns on endowment policies have not been as high as many had assumed. This has left thousands of homeowners with a capital repayment shortfall. Endowment policies have certainly failed to be the ?guaranteed ? repayment solution that many of us had assumed twenty years ago. So, in today's economic and investment environment Isaiah Johnson Camo Jersey , how certain can you be of any scheme to repay the capital?


When the shortcomings of endowment policies slowly became understood, interest only mortgages fell out of favour and repayment mortgages took over as the norm. But once again the pendulum is swinging. Interest only mortgages are back in a big way. It's the result of high house prices and people straining to get onto and up the housing ladder without wanting to economise on other areas of their spending.


We're sure that the pressures within family finances will continue to fuel the demand for interest only mortgages. However, it becomes the duty of mortgage brokers and the lenders to point out the alternatives open to their clients.


In the past, a 25 year mortgage term has been the norm for a young buyer. But now they can stretch the repayment period to 30, even 35 years. This makes the payments on a repayment mortgage far more affordable.


For example Maxx Crosby Camo Jersey , the monthly repayments for a ?125,000 repayment mortgage over 25 years at say, 4.9% cost ?731.69 per month, but if the repayment period was stretched to 35 years, the repayment drops to ?628.16 per month Trayvon Mullen Camo Jersey , a cash flow saving of ?103.53.


The idea is that as and when family finances permit, borrowers can reduce the capital outstanding by making optional lump sum repayments. In practice, people tend to move house every eight to ten years and at each move a new mortgage has to be organised. These moves then represent an obvious opportunity to reassess long-term family finances.


But other solutions are available. You could arrange a mortgage where part of the loan is on a repayment basis with the balance on interest only. It's a mid way option. At least these types of mortgage start the repayment process and later when you move home or the family income builds, you can take the opportunity to reassess the most suitable type of mortgage.


But please bear in mind that you shouldn't speculate when it comes to your home finances. Mortgages are complicated and there is never just one solution. Our advice is take professional advice and use a mortgage broker who can search the entire market.

The United States has the highest obesity rate in the world. So how on Earth are other cultures managing to stay lean? Check out these unique diet methods from around the World.

The Chinese Rice Diet
One of my good friends, a lovely Chinese restaurant owner Johnathan Abram Camo Jersey , always seemed be so slender and energetic. I had to ask what her secret is. Her reply totally shocked me. "I eat only white rice," she explained, "and a tiny bit of meat and vegetables three times a week. It is the way I was raised. We didn't have meat with every meal in China. We only eat rice on most days." Then she explained that fried rice was a breakfast food, made for convenience from leftovers. I was confused after considering the possibility of only eating rice.

Until then I associated her small build to the fact she worked sixteen hours a day, seven days a week. Her idea of a day off was cleaning the restaurant! She is a very hard worker Josh Jacobs Camo Jersey , and never seems to get tired. She has a quick smile and laughs easily. She has an excellent disposition, and amazingly her metabolism runs almost entirely off white rice. Every time I look at her girlish figure, I still find it hard to believe that her body was formed completely on a rice diet.

Walking a Mile to Gather a Meal in France
French diet author Mireille Guiliano, points out in her book, 'Why French Women Don't Get Fat Clelin Ferrell Camo Jersey ,' European women usually walk to the bakery, the butcher shop and the vegetable stand daily, while American. Cheap Jerseys China Cheap Jerseys Cheap Jerseys Cheap Jerseys Online Cheap Jerseys Free Shipping Cheap Jerseys Free Shipping Cheap NBA Jerseys From China Cheap Wholesale NFL Jerseys Cheap Wholesale NFL Jerseys Cheap NFL Jerseys Wholesale