Introduction We weren’t in the market to refinance our home, but when your friends/coworkers mention a new hour or interest rates, I like to ask my mortgage broker what the current rates are. We were on a 30 year fixed at 3.75% that we refinanced just last year and was quoted 3.625% for a new 30 […]
Introduction In yesterday’s post about paying your mortgage off early, a reader commented wondering if he should take out a balance transfer at 0% APR with a 2% fee to pay down his 3.75% mortgage. Before you roll your eyes, it’s actually a valid question. But let’s rephrase the question – if I gave you $20,000 […]
Introduction I have a FB friend who owns a credit repair company. His posts and the people who comment on his posts intrigue me because it’s a glimpse into the other side of the credit spectrum. It makes me grateful for taking that personal finance class in college and thankful for the social-economic position I’m in. […]