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PART ONE—BUYING A NEW HOME By Kevin M In response to the mortgage meltdown/real estate slump of the past two to three years, the U.S. government has intervened with the take over of FNMA and FHLMC to insure the free flow of mortgage money, interest rates are being held down to the 5% level and an $8000 [...] |
 
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The “Boring” Benefits of Staying in Your House and Paying Off the Mortgage—PART TWO
PART TWO—REFINANCING YOUR CURRENT MORTGAGE AND CONCLUDING THOUGHTS
By Kevin M
Yesterday, in Part One of this series, we took a look at the largely hidden costs of purchasing a new home. Today we’ll take a similar look at the hidden costs of refinancing your current home to determine if doing so is truly in your [...]