Question:
In the previous 2 post you talked about mortgage reduction
and said that by using a bi-weekly program you could save
$84,000 on a $1,000 per month mortgage and $336,000
on a $4,000 per month mortgage.
Then you said that in Australia, they developed a program
that is even better than the bi-weekly and allows you to save
even more money. […]
Archive for the 'Mortgages' Category
Mortgage Reduction - Is it a Scam?
Monday, October 29th, 2007Posted in Mortgages | No Comments »
How NOT to pay so much interest to the banks
Monday, October 29th, 2007In 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 […]
Posted in Mortgages | No Comments »
Mortgage Reduction or Mortgage Acceleration
Sunday, October 28th, 2007Mortgage 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 […]
Posted in Mortgages | No Comments »
