Owning a home during the inflationary 1970s was the most profitable investment of their lives for millions of people - even though average US home values declined 2.5% on an inflation-adjusted basis. Detailed analysis of historical statistics shows that this contradiction is explained by inflation destroying 75% of the real value of the mortgages over ten years. This distinction between home and mortgage performance is crucial for homeowners today who are concerned about future inflation.
Peter G. Miller says finding a home mortgage through an online mortgage lender is the key to saving money. In his latest consumer column on Mortgage-Lenders-Plus.com, he lists the top-10 benefits of finding a loan on the Internet.
Little known mortgage cycling acceleration concept pioneered in Australia that US banks don't want homeowners to know about will be revealed in seminars presented by PDXLoan.com & The Jeff Williams Group of Mortgage Express. Learn how to pay off your mortgage years earlier, paying tens of thousands less in interest.
Most Americans pay double what they think they're paying when refinancing their mortgage loans. Homeowners who think they're paying $3,000 in loan origination fees are really paying close to $6,000, and probably more without knowing it. This markup has gotten so bad that the Secretary of Housing and Urban Development was recently quoted saying that Americans overpay 16 billion dollars in unnecessary mortgage interest and closing costs every year.