Should You Pay Points to Lower Your Mortgage Interest Rate?
If you’ve ever purchased a home or gone through a refinance, then you may have been faced with the decision of whether or not to
If you’ve ever purchased a home or gone through a refinance, then you may have been faced with the decision of whether or not to
In October 2020, I wrote a blog post titled Why You Should Almost Never Choose a 15-Year Mortgage. The premise of the article was that
Throughout the years, the vast majority of people I’ve worked with really want to pay off their mortgage in 15 years. Despite the deep down
Many people understand that the decision to refinance involves more than just how much money they will save on a monthly basis. They also understand
People who are preparing for retirement or who are already in retirement tend to stress out about their housing costs. And rightfully so, because these
We’ve all been told that when comparing the 15 vs 30 year mortgage, that the 15 year option is superior since you will save thousands
Over the last two weeks I discussed four reasons why it’s usually bad advice to pay off your mortgage early. In Part I of the
Last week in Part I of Should You Pay Off Your Mortgage Early, I discussed one of the most important reasons why it’s usually bad
Recently I received a mailer from my mortgage lender that stated if I pay an extra $150 per month to my payment then I would
Many would have you believe that renting is just throwing money away. But is this actually the case? The decision of whether to buy or
First of all, let me explain what a “point” is. A point is a fee that you pay to lower your interest rate. Zero points
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