Archive for October, 2008

Mortgage Shopping

Mortgage shopping isn’t exactly like grocery shopping or clothes shopping, but it is actually quite similar. Ultimately when you are shopping you are looking for two things: quality and cost. If you can get a high quality product at a low cost, why would you go anywhere else? Some retailers strive [...]

Paying Down Your Mortgage

I am often asked if prepaying on a mortgage loan is best, and if so what method of prepaying is best.  Paying off any debt is always a good idea as it increases net worth and eventually alleviates the borrower from paying a large amount of interest, but the priority of paying off a mortgage [...]