Archive for the 'No More Mortgage' Category
Thursday, February 25th, 2010
No more mortgage interest tax deduction confusion, or so we thought. When is it a good tax deduction, & when is it not? You'll want to read this…
Posted in No More Mortgage, nmm-blog | No Comments »
Tuesday, February 23rd, 2010
For someone who hasn't built up a retirement fund that will take care of them, a reverse mortgage can be their lifesaver. In this article a few of the arguments against reverse mortgages are addresses.
Having to use a reverse mortgage in retirement is not where you want to be.
Posted in No More Mortgage, Retirement | No Comments »
Sunday, February 21st, 2010
It's not just the difference between the 15 & 30 yr that count, it's the strategy depending on your other debt. Find out what really makes the difference…
Posted in No More Mortgage | No Comments »
Wednesday, February 17th, 2010
Here are 5 really good reasons you won't see a Housing Boom anytime soon. No More Mortgage crazyness. Housing doesn't look like it has a chance of coming back strong anytime soon. You have problems with negative equity, shadow inventory, and more. It could be many years before housing really starts to recover. And it makes sense, so jump in and see if you agree.
Posted in Foreclosure, Mortgage, No More Mortgage, Real Estate | No Comments »
Monday, February 15th, 2010
So where do you think you are in relation to building enough money up to retire comfortably? Or at all? Or will you have to continue to work part time when you should be retired? It's well known that as a nation we are not saving enough for retirement.
Posted in Investments, Mortgage, No More Mortgage, Retirement, debt | No Comments »
Monday, February 15th, 2010
There is an increase in refinancing to put cash back into the home and shrink the mortgage. You really need to sit down and look at whether this is a good idea or not.
Posted in Mortgage, No More Mortgage, nmm-blog | No Comments »
Thursday, February 11th, 2010
No More Mortgage Surprises During the Closing of your Loan.If it hasn't happened to you, you can almost be sure you know someone it has happened to. That is the costs and fees of your mortgage loan are different when you go to sign your documents than they were the last time you saw your numbers.
Posted in Mortgage, News, No More Mortgage, Real Estate | No Comments »
Tuesday, February 9th, 2010
Mortgage Approvals Are Getting More And More Scarce « Home Loans …
Higher minimum FICO scores; Larger downpayment requirements for purchases; Larger equity positions for refinances; Lower debt-to-income ratios. So, if you're on the fence about whether now is a good time to buy a home, or make that refi …
Posted in Mortgage, No More Mortgage, debt | No Comments »
Sunday, February 7th, 2010
Here is an interesting story about a family that got caught up in the bureaucracy of the banks when their mortgage servicing was changed and are now facing foreclosure due to "paperwork". Hopefully they'll fix the issue and get to the point where they have no more mortgage problems. But it shows you the importance of making sure you are on top of your finances. This should have been easily caught right away on the statements.
Read more on Bank glitch traps pair in web of foreclosure…
Posted in Mortgage, No More Mortgage | No Comments »
Friday, December 11th, 2009
Are you keeping an eye on your money and tracking what you spend and where? Somebody needs to and if you aren't doing it, who is going to? Does anyone else have a bigger stake in wiping out your debt and building the retirement you want and deserve than you do?
Posted in Financial Tools, No More Mortgage, debt elimination, nmm-blog | No Comments »
Friday, December 11th, 2009
What is your plan for your debt? Have you really made one yet? Most people put this off because they don't want to face the unknown. It's easier to keep tooling along blissfully ignorant of how much money you owe or where you are on building your retirement. But it's going to catch up with you,
Posted in Financial Tools, No More Mortgage, Retirement, debt elimination, nmm-blog | No Comments »
Wednesday, December 9th, 2009
Most of us don't realize how much our emotions are tied into our spending habits and our build up of debt. Both of which eat away at our future by reducing how much we are contributing and building for retirement. Many of our clients at No More Mortgage have felt the same way until…
Posted in News, No More Mortgage, debt elimination, nmm-blog | No Comments »
Thursday, December 3rd, 2009
There are very important differences between No More Mortgage's automated debt elimination plan and debt settlement. You should know about these differences and how they can affect your financial future.
Let's look at the how each one comes into play in your quest to eliminate your debt and get back on track financially.
Posted in News, No More Mortgage, debt elimination, nmm-blog | No Comments »
Tuesday, September 1st, 2009
NO MORE Mortgage urges each parent to give serious consideration to the financial education of their children. The attached is a great set of suggestions for parents to help their teens take more financial responsibility. The websites in suggestion #1 seem especially helpful.
Read more on How to teach financial independence to your children…
Posted in News, No More Mortgage | No Comments »
Thursday, August 13th, 2009
NO MORE Mortgage has found a very interesting article about today’s housing market. The last line is very telling.
If the main prediction comes true (see paragraph 3) then there can be no economic recovery until this issue is fixed, and/or the bubble completely bursts.
Read more on Bank: Half of U.S. Mortgages Underwater by 2011…
Posted in News, No More Mortgage, Real Estate | No Comments »