Monthly Archives: November 2009

BOGLEHEADS :: VIEW TOPIC – DOES MORTGAGE PREPAYMENT EQUAL BOND …

65000 out of the 84000 additional income is now paid as mortgage prepayment. At this rate the mortgage will be paid in 2.5 yrs.
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CAREFUL WHAT YOU HOPE FOR — GREATER FOOL – THE TROUBLED FUTURE OF …

kids with a salary ~$50000 took on a $300000 mortgage with one of those fancy products that have uber-low rates for a year or two that then resets much higher.
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OBAMA ADMINISTRATION TO SHAME LENDERS THAT DON'T OFFER TO MODIFY …

By contrast, the administration simply requires that homeowners' monthly payments be lowered, which can happen either through an interest rate reduction, or by lengthening the term of the loan. If a bank turns a 30- year mortgage into a ...
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