Tag Archives: amortization

The Infamous Reverse Mortgage

I just added a free PDF special report about the infamous “Reverse Mortgage”.

There are finance companies that are offering the “Reverse Mortgage” to seniors (at least age 62). Seniors with a substantial amount of equity in their residence are targets of this aggressive predatory loan. There are many “celebrities” who claim a reputation for financial […]

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Guru Tips on Refinancing

I just posted a new article on the Time Value of Money (TVM) principles for refinancing your home.
I just heard some ridiculous financial advice from a “personal finance guru” regarding refinancing your home mortgage.

Refinance to a lower interest rate.

Refinance to a shorter amortization term (number of payments to pay off).

Refinance only when you can recover the […]

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