40 Year Mortgage Is Usually A Bad Idea

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The popularization of the 40 year mortgage spells trouble for the health of the U.S. housing market.

2 years 30 weeks ago – Made popular 2 years 30 weeks ago
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Economy

42 years 21 weeks ago

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15 Year Loan - Not Always A Good Idea 1 year 3 weeks ago

As you consider buying a home, you will most likely be presented with two main options: a 30-year mortgage or a 15-year mortgage. The 30-year loan is considered “standard” by many, but there are those who prefer the 15-year loan.

Lazy Sunday Weekly Recap! #1 28 weeks 2 days ago

Weekly update

Found out our home loan that we just refinanced on 10/10/11 from Amerisave.com was sold to Citi Mortgage as of 10/31. Wow that was quick!

Mrs YFS and I have decided to send 500 dollars in additional principal to our new mortgage starting on 12/1. This will bring our 15 year mortgage down to a 12 year mortgage. I’m kicking myself because we should have just taken the 10 year mortgage in the first place. Oh well.. I guess I’m not perfect after all.

42 years 21 weeks ago

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Choosing Between 30 Year Mortgage Rate Vs. 15 Year Mortgage Rates 2 years 2 weeks ago

What is the true cost of home ownership? A closer look at which is best between a 30 year fixed mortgage rate or a 15 year fixed mortgage rate

So You Really Want a 30 Year Mortgage? Think Extra Payments 6 weeks 4 days ago

Looking at buying a house and taking on a mortgage? Never take out a mortgage based on what kind of house a mortgage calculator says you can afford.

42 years 21 weeks ago

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Mortgage 30 Year Rates 49 weeks 14 hours ago

If you are looking into mortgage 30 year rates, it is important to look at a mortgage rate fixed 30 year graph to know yearly trends.

Why a 15 Year Mortgage is a Smart Move 36 weeks 1 day ago

When it comes to purchasing or refinancing a home, borrowers have to consider whether or not they want to go for the 15 year or 30 year option on their mortgage loan.