Paying My Mortgage Off Early: Good or Bad Idea?

I think there are a lot of great reasons for paying the mortgage off early, but it really comes down to your financial goals. If you have another need that is more important, such as saving for college, weddings, or building up your retirement account, it might be better to keep the mortgage for now. However, if you’re in good shape financially and don’t have any other pressing savings needs, I highly recommend paying your mortgage off early for several important reasons. Continue reading

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Will Cain: The Number “350″ is the Problem With the Economy

Will Cain, host of “Off the Page” at NationalReview.com, points the spotlight directly at the problem with the economy in an article over at CNN.com. Continue reading

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The “Reluctant Landlord” Rule: Planning to Rent Out Your Home and Buy Another One?

If you’re considering moving out of your home, renting it out, and purchasing another home, it’s important to be aware of what I call the “reluctant landlord” rule when qualifying for a new mortgage loan. Continue reading

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Existing Home Sales Down 15% from May 2010

CNN is reporting that existing home sales dropped in May to a seasonally adjusted annual rate of 4.81 million units, a 15% decline from May 2010. Continue reading

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US Home Prices: 20% to 30% Declines Still to Come?

Steve Barry over at The Big Picture blog posted a very interesting graphic that shows how far the continuing decline in home prices might go. Robert Shiller, half of the team that created the widely-cited Case/Shiller home price index, also believes we could see significant price declines before this is all over. Continue reading

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Pentagon Wants Ideas to Make Interstellar Travel a Reality

It seems the Pentagon wants to bring a little Star Trek off the big screen and into real life within the next hundred years. Continue reading

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Common Documents Required for a Home Loan

The following is a list of the most common documents required for a home loan. Gathering these documents ahead of time can greatly speed up and simplify the loan application process. Continue reading

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How Much Money to Buy a House?

One of the first questions I often get from home shoppers is “how much money to buy a house?” The following is a brief rundown of the down payment requirements for the main sources of mortgage financing available today. Continue reading

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How to Finance a Home: The Basics of Qualifying for a Home Loan

How to Finance a Home: The basics of how to finance a home and steps to take ahead of time to help you get the best deal possible. Continue reading

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Jim Rogers: US Approaching Financial Crisis Worse Than 2008

Famed investor Jim Rogers believes the United States is approaching a financial crisis worse than 2008. Continue reading

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