I will start off with the most important thing for you to take away from this update.  NOW is the time to get a house.  Mortgage rates are at their highest point in 7 years and are continuing to go up so the cost of the money will not be going down.  However, we are finally starting to see some more inventory for houses come on the market. ...

Ok, so it’s not really a miracle. That just happens to be what the financial specialists like to call it. However, compound interest plays an important part of how you manage your mortgage, so this month we are going to focus on how this concepts plays into your long term plan. Compound interest is interest added to the principal of a...

But the TV says it's a good time to refinance.... When we have a mortgage interest rate dip it apparently makes for good news. Good Morning America had a segment on NOW being a great time to refinance because of how great the rates are and my wife asked me (for about the 100th time), "Why don't we refinance?"  After I explained the reasons...