Friday, July 2, 2010

Rates and your mortgage

It really is more that just the interest rate.


We try to look into the future a bit, knowing that if our client picks a short term mortgage and then falls on hard times the longer term would have been the better choice. So just because the rate on the shorter term is lower do not be fooled as you must pay the higher note, and you would have been in a safer position should you have placed the difference in a reserve account allowing you the power to pay your loan off in 15 years and have a reserve fund should you fall on hard times.

See some of the added features on our web page www.willrudloff.com for some interesting stuff.



Blessings,

m/w

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