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Mortgage Advice

The Adjustable Rate Mortgage: Just Say No

James Berman | Posted 04.07.2013 | Business
Read More: Fixed-Rate Mortgages, Adjustable Rate Mortgages, Adjustable-Rate Mortgages, Mortgages, Interest Rates, 30 Year Fixed Rate, Arms, Mortgage Advice, Housing Bubble, Business News
James Berman

Why would so many people opt for an adjustable rate mortgage when it's so dangerous? Most likely, they just don't understand the risks.

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Is This a Good Time to Take a Fixed-Rate Reverse Mortgage?

Jack M. Guttentag | Posted 01.31.2013 | Fifty
Read More: Federal Housing Administration, Aarp, Home Equity, Home Equity Conversion Mortgage, Hecms, Mortgage, Mortgage Advice, Mortgage Advice for Seniors, Fixed Rate Reverse Mortgage, Fifty News
Jack M. Guttentag

For qualifying seniors, now really is a great time to consider a government-insured reverse mortgage, and here's why: Seniors can get more money out of their homes now then they will when interest rates, now at historic lows, begin to rise again.

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Smart People With Dumb Mortgages

Teresa Ghilarducci | Posted 10.27.2012 | Home
Read More: Paying-Off-Mortgage, Mortgage Advice, Mortgages, Mortgage Tips, Mortgage, Home News
Teresa Ghilarducci

Yes, pay off your mortgage even if you get a tax deduction for paying interest. Yes, pay off your mortgage even if the asset is appreciating more than the interest rate you are paying.

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