All Posts Tagged With: "con"
Is Now The Time to Rent?
At a time when home values are soaring in most metro areas, along comes The New York Times with the thought that renting may well be a better financial choice than buying.
The Times says that “after five years in which rents have barely budged while house prices in New York, Washington, Los Angeles and [...]
How And Why To Prepay Your Mortgage
One of the best ways to have more cash, retire early, and enjoy debt-free living is to prepay your mortgage, an option which even lenders increasingly applaud.
For financial reasons and as a matter of personal preference, many people favor a home with less debt. Why wait 30 years to be mortgage-free, they reason, when the [...]
Are All Bi-Weekly Mortgage Programs The Same?
No. Bi-weekly programs can be divided into two groups: those programs operated by lenders and those programs operated by folks who are not lenders.
Third-party non-lenders collect payments bi-weekly and then make payments to the original lenders. This is something that any borrower not facing pre-payment penalties can do without paying several hundred dollars up front [...]
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