Tag: home loans

Why Your Construction Loan Is Probably Not A Rip-Off

Recently I heard from a reader who had just finished building a new home. He noticed something on his loan paperwork that didn’t sit well: his construction loan rate floated two percent above prime. This was on top of a one percent origination fee and several smaller...

Paying Off Your Home Isn’t For Everyone

Not every homeowner should pay down their mortgage early. In a story in the January edition of Kiplinger’s Personal Finance Magazine, Seth Feigerman quoted Rick as saying “Anyone under 40 should be funding a retirement...