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Archive for the 'Mortgages' Category

How NOT to pay so much interest to the banks

Monday, October 29th, 2007

In the last post, we got a glimpse into how much money a mortgage
holder can save by using a mortgage reduction strategy.
If a mortgage reduction program saves us so much money,
why doesn’t everyone do it?
Good question.
The reasons are varied and many. People feel:
1) They lose control of their payments.
2) It’s restrictive and puts […]

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Mortgage Reduction or Mortgage Acceleration

Sunday, October 28th, 2007

Mortgage Reduction goes by many different names such as:
- accelerated mortgage,
- biweekly or bi-weekly mortgage,
- prepayment mortgage reduction,
- equity acceleration, and others.
Over 90% of mortgage holders in America have heard of mortgage reduction.
Yet less than 20% of mortgage holders have actually used it. WHY?
A mortgage is the single largest burden (purchase) you will […]

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