Tag: mortgage

Four Ways to Pay Off Your Home Faster Than You Thought Possible

Most people don’t think about paying off their homes aggressively. We all grew up hearing how long it takes to finally own a home, and even the bank makes it seem like it should take decades (which is in their best interest, not yours). Combined with all the economic doom and gloom floating around, aggressively …

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Ideas to Accelerate Paying Off Your Mortgage

Recently I was reading, Jeff Yeager’s “The Cheapskate Next Door: The Surprising Secrets of Americans Living Happily Below Their Means” and came upon the section on “Break the Mortgage Chains that Bind Thee”. One paragraph in particular in caught my attention on accelerating paying off your mortgage. Most all of us have mortgages right? Until a …

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Which is Cheaper: Townhomes or Single-family Homes?

This is a question that has bothered me ever since I bought my first home. I must have looked at single-family homes and townhomes (plus condos) for a good year or so before settling on a townhome. And, this is not an easy question to answer. I wrote down and thought about the pros and …

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Refinancing When You are Underwater in Your Mortgage

It was about a year ago that my wife and I were contemplating whether or not to refinance our house considering the rates were so good. We didn’t end up going through with it for a variety of reasons – but are now, once again – considering a refi. I was afraid we weren’t able …

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