MELINDA POTCHER's (melinda) Blog

I have a client, let's call her Heidi. Heidi is a very successful business owner who needed to refinance her home in order to pull out equity to use in her business expansion plan. Her accountant counseled her that utilitizing her home's equity would cost less in interest, and would be less of a ...

 It was this past Wedesday morning, 9:26am.  I officially lost my mind.  In that moment in time, I saw my 30 year fixed rates dip down to 5% at par.  The 15 year was somewhere near 4.5%.  I frantically sent a blast email to all my Clients & Realtors.  LOCK NOW!  I typed at lightening fast speed, ...

At least 4 million Americans are wasting money by accelerating their mortgage payments instead of investing in retirement accounts, according to a paper published by the Federal Reserve Bank of Chicago.The money you use to pay off your mortgage has been taxed, which means, depending on your tax b...