Yesterday, I debated about whether I should refinance my mortgage. But there is something that I glossed over. You have to consider more than just the monthly savings in mortgage payments. If you have been paying for your house for many years, you have built up valuable equity. You might have paid down a lot … [READ THE FULL ARTICLE]
Dec 192008
Dec 182008
This is fresh. Just a few minutes ago, I got off the phone with a customer representative from a mortgage company. With all the news about the home interest rates plumetting, I wanted to see if I could reduce my interest points and cut down my monthly payment. I am currently at 5.375%. After verifying … [READ THE FULL ARTICLE]
Dec 162008
This may seem like an article from the left field, but with all the recent market turmoil, it’s hard not to be interested in the economy. I wrote this some time ago for my own reference, and here I share it with everyone. I was looking into refinancing my house if the interest rate drops … [READ THE FULL ARTICLE]
