Monthly Archives: May 2015

Who would want to be without one?

When the 75 year old man who had been widowed four times was asked why he was getting married again, he said “for the little bit that they eat, I wouldn’t want to be without one.” In a torrential rainfall, … Continue reading

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You’ve Got Money!

Imagine that after checking http://www.SSA.gov to see what you can expect when you retire and estimated what your minimum required distributions from your retirement accounts will be, you’ve discovered that you’re not going to have enough retirement income to cover … Continue reading

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Live the Dream

Consumers are more easily living the American Dream of owning a home because of the incredibly low mortgage rates. Today, most buyers can get a much lower rate than their parents or grandparents got on their first home. In a … Continue reading

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Amortization

The word describes the process of accounting that will repay a loan over time. Residential buyers will most commonly be required to have an amortized mortgage. When amortizing a fixed rate mortgage, the payment remains constant for the entire term … Continue reading

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