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Category Archives: MORTGAGES
Handling Your Mortgage Debt Can be as Easy as Pie Kim Butler and Todd Strobel continue their discussion on mortgages. They show how debt and mortgages are intertwined and how it’s not a bad thing. Reverse mortgages are also discussed … Continue reading
Why You DON’T Want to Pay Your Mortgage off Too Quickly! Kim Butler and Todd Strobel set their sights on mortgages in this episode, analyzing different strategies by using the Prosperity Principles to uncover the best options. They discuss down … Continue reading
“Home Equity Conversion Mortgages (HECM), or reverse mortgages, which are designed, administered and insured by the Federal Housing Administration (FHA), are one of the best engineered financial tools of our generation.” -Jack Guttentag, Wharton Professor and nationally syndicated mortgage columnist … Continue reading
“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” – Robert G. Allen Two weeks ago, we asked in a post about Alternative Investments: “If not the stock market, then … Continue reading
How low can interest rates go? In June, the yield on the 10-year US Treasury bond reached a new low of 1.47%, breaking the previous low of 1.48% in 1947. Then on July 16, the yield went even lower, dropping … Continue reading
DO LOW NUMBERS = OPPORTUNITY? 3.87% 30-YR FIXED MORTGAGE 3.13% 15-YR FIXED MORTGAGE According to recent data from Freddie Mac, the federally-sponsored mortgage lending corporation, the average rate for a 30-year fixed mortgage dropped to a record-low 3.87% in February 2012. Rates … Continue reading