Posts tagged as:

mortgage

It’s bad enough to initially depend on just one source of income, but it’s even worse to not invest it or diversify it such that you protect it over time.  In other words, there is more than one way to diversify your income.
(1) You can diversify your sources of income so that you have, say, [...]

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Option ARMs are the new subprime.  Option ARMs stand for “payment-option adjustable-rate mortgages” – so-called because the rate paid on the mortgage varies with the market, but the total payment can be adjusted by the borrower according to his or her needs.  How’s that for a sweet deal?  It’s good right now, because interest rates [...]

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