Personal Finance Tip #16: Traditional Mortgage

Miranda Marquit — Fri, 20 Jun 2008 19:01:44 +0000

The last personal finance tip was about buying a home. And when you do buy that home, the best thing to do is to:

Get a traditional mortgage.

The subprime mortgage crash has taught many of us valuable lessons. One of those should be that “creative” products like ARMs and interest only home loans should be avoided by most people. You’ll be better off with a traditional fixed rate mortgage with a 15, 20 or 30 year term.

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Post from: EveryJoe

Personal Finance Tip #16: Traditional Mortgage

B5 Apprentice: This Week’s Challenge Post — Buy or Rent?

Miranda Marquit — Thu, 06 Dec 2007 23:03:52 +0000

B5 Apprentice continues! This week’s challenge has to do with whether to buy or rent. While the challenge has to do with a hypothetical business, the analysis can be applied, in part, to your own questions about buying or renting a home.

And remember: buying a home to live in is completely different from a real estate investment.

Post from: EveryJoe

B5 Apprentice: This Week’s Challenge Post — Buy or Rent?

EveryJoe » buying-a-home

Personal Finance Tip #16: Traditional Mortgage

B5 Apprentice: This Week’s Challenge Post — Buy or Rent?