Is there such a mortgage called a bi-weekly mortgage where you pay half of your monthly mortgage amount every two weeks? I heard the benefit of this mortgage is that you can cut the life of the loan by several years. Is this true?
What is the most effective strategy to reduce Average Daily Balance on a 2nd mortgage loan of $25000?
Can you sell your home if you have a loan secured on it, if you intend to pay it off at the end of the sale?
I have sold a small home that the area was going down just for $25,000. I then bought a $40,000 home with nothing down instead of paying rent. I am 57 and don't want to put the $25,000 into it. Put in CD's. I paid an extra $100 on the principal then decided I would just save that money and just pay the loan value. What would you suggest I do to make myself better off? I am single and...
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What are the advantages and disadvantages of including yearly taxes and insurance premiums in a mortgage loan?