 |
|
 |
|
MortgagesHomeowners have been conditioned to accept taking 30 years to pay off a mortgage. By doing so, they often pay two to four times the amount originally borrowed. 97% of American homeowners don't prepay their mortgages, and of the 3% that do, only 1% do so consistently. Breaking out of this pattern can be a pivotal wealth creator for most families.
When you see a title of interest, click on it to view the complete article. (Note that links with the key symbol [  ] are locked to visitors and available to Web Members only.) Thanks to the housing bust, home ownership is a more affordable now than it has been in years. Still, renting may be a better approach in certain situations — perhaps yours. We show you how to crunch the numbers for your unique situation.
Have a mortgage? There's a sure-fire way to cut its cost over the long term. But first, you may need to change your way of thinking.
John F. Kennedy once said the word 'crisis' in Chinese is composed of two characters: one representing danger and the other opportunity. The credit crisis of the past several months has certainly presented plenty of danger. But it may also be offering some homeowners an opportunity.
MESSAGE BOARDS
|
|
