Intermediate Information: January 2009 Archives

The new consumer article for today is Jumbo Loans and The Current Market (January 2009). There is always a tradeoff between rate and cost on mortgage loans, but lenders vary exactly what that tradeoff is in order to suit their current purposes, and right now, they have set it to essentially demand two points on Jumbo loans.

The new consumer article for today is Fifteen Year Loans: Are They A Good Idea?. Lots of nonsense gets put out there about fifteen year loans, and to many people there is a certain cachet to only needing fifteen years to pay off a property. But even though the interest rate is lower, there are downsides.

This morning I updated my popular article Refinancing When You Owe More Than The Home Is Worth, talking about the changes in the possibilities since I originally wrote it.

I really want to be writing more original stuff, but my schedule right now has been tough. I hope this will change enough to allow me to resume my previous writing schedule soon.