January 20, 2009
Recommendations:
Check your break-even point on a refinance
Refinance (if it makes sense) while rates are low
Annual Savings Potential: Can be thousands of dollars/year
Discussion Mortgage rates are at levels that haven’t been seen in 40 years or more. The weak economy, coupled with government efforts to push rates down to make housing more attractive, is [...]
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March 20, 2008
I received a letter from my mortgage company earlier in the week that contained a fascinating proposal. If I were to take my monthly mortgage payment and pay half of it every two weeks, I could pay off my mortgage six years early, and save tens of thousands of dollars in interest.
By itself, [...]
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