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Mortgage

Should I Pay Off My Mortgage Early

by Guest Contributor

Everyone should be asking themselves at one point or another – “Should I Pay Off My Mortgages Early”?
When choosing whether to pay down debt or invest, the primary factors are the interest rate on the debt and what rate of return you think you could safely achieve by investing. Sometimes, however, this calculation isn’t as [...]

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It could be argued that being lazy is built into us because we are just trying to do less. One way to look at it is that we are actually trying to be clever. However, if you believe that waiting until the last minute to do everything is smart, you are just dead [...]

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These days, our government is working around the clock to come up with plans to both save our economy as well as calm the general public about the so called “financial crisis”. While it makes us wonder what the government usually does when there is no crisis, the more important question is whether they [...]

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I read in the paper on Sunday where an article suggested that instead of all the silly bailout, we ought to pass legislation to let homeowners deduct $2 for every $1 of interest that they pay. It’s a creative way to help the troubled housing and financial markets and one that I’d like to [...]

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I saw an ad in the paper featuring the new housing development we almost bought in March of 2007. It brought back a flood of emotions when I saw it because while I still very much want to live there, I was glad that I didn’t jump in with both feet because it was [...]

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Update: Congress did not pass the bailout!! More details to follow.
The $700 billion bailout plan designed to buy toxic mortgage securities has been finalized by the lawmakers and the bush administration over the weekend.  Now that the only hurdle remains a vote on congress, it seems to likely pass.
Here are some of the details [...]

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Being a numbers guy, I was always calculating how much I needed to pay monthly once I bought my dream house. I remember a year ago when my wife and I almost bought a house, I was using my pen and paper to write down all the necessary expenses like property taxes, home owners [...]

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I invited Engineer to do a guest post as he helped answer many of my FICO scores on an earlier article. His site, Engineering My Finances, is dedicated to articles on personal finance and his approach to prepare for retirement. Below is his article about Biweekly Mortgage Payments so check out his site and the [...]

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Something I have always wondered is what happens to someone’s mortgage when the mortgage lending company goes out of business? Well, to answer my curiousity, I did a little research and figured I will share this with you.
The good news (and bad news to some) is that nothing really changes. The important thing is note [...]

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