mortgage planning florida mortgage planner: Money Merge Accounts: More Misleading Information - 05/20/09 10:12 AM
It is hard to believe that I have been talking about these programs for more than two years now, bringing to light the misleading, even false, information presented by the Money Merge Account sellers. Don’t get me wrong, these bits of misinformation spread out on occasion to other mortgage acceleration product sellers, but the United First Financial (UFF) agents are the worst offenders from what I have seen thus far. The company even encouraged the presentation of skewed realities at the beginning, and I suspect they still do in a “non-public” fashion as they allow agents to continue spreading the crap,
(3 comments)
|
mortgage planning florida mortgage planner: Is Paying Off Your Mortgage Actually Costing You? - 05/14/07 09:00 AM
Many Americans still believe that paying off your mortgage is the best thing you can do. After all, it is a guaranteed savings, right? Well, let's take a look at it further. Right now, there is a new craze in the mortgage industry, one that is being marketed heavily and is being presented as the best solution for you to pay off your mortgage in as little as 7 years. But is this the best thing for you, or could it actually be costing you more money? Those that offer these programs have different names for them, Money Merge Accounts, Mortgage Accelerator, Homeownership
(7 comments)
|
mortgage planning florida mortgage planner: Interest Rates - How Does it Affect Our Net Worth? - 11/07/06 09:12 AM
While reading a great post by Jeff Belonger titled The Myths about ZERO point mortgages instead of paying points upfront...... and it got me thinking, as he usually does. His post was great and showed clearly how if we go back to basic math, we can come up with good answers to his question. Sometimes simplicity is a good thing. While creating my comment, and the fact that I love learning how things really work, that's due to my background, I realized something I hadn't thought about in a while. When we start factoring in all variables of the all-time favorite loan, the 30-Year
(16 comments)
|
|
|
|