Tag Archives: rate

Guru Interest Rates

I am often astonished at the real estate “Guru” who charge outrageous (unpublished) interest rates for their products. As if their astronomical pricing isn’t bad enough, they offer time payment plans that are nothing short of usurious, making high credit card interest rates seem reasonable in comparison.
I recently sat through a yet another long-winded video pitch […]

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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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