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Why People Hate Mortgages and Why They Shouldn't - 03/07/10 11:52 AM
Many people hate their mortgage because they know over the life of the 30 year loan, they will spend more in interest than the house cost in the first place. To save money it becomes very tempting to make a bigger down payment or make extra principal payments. Unfortunately, saving money is not the same as making money. Or, to put it another way, paying off debt is not the same as accumulating assets. By tackling the mortgage pay-off first, and savings goal second, many fail to consider the important role that a mortgage can play in asset accumulation.
Consider … (1 comments)

College Funding - 03/07/10 11:16 AM
The Benefits of Higher Education 
According to the Federal Reserve, the income disparity between college grads and non-grads is growing every year. In 1979, college grads earned 38% more than those with only a high school diploma. But, today, college grads earn 75% more than those without degrees!
The Cost of Higher Education
Let's face it: college is expensive. And with tuition increasing greater than 4% annually, the cost will only rise. Nationally, just one year of tuition, room and board at an average private college runs just over $30,000. A public out-of-state college runs around $20,000 per year. Even a public … (1 comments)

 
Mark

Mark R. Chaffee NMLS# 22659

Burlington, VT

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Mortgage Financial, Inc.

Address: 354 Mountainview Drive, Colchester, VT, 05446

Office Phone: (802) 658-5599 x 3111

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