Friday, February 08, 2008
Lowest home mortgage payment
The Fed's stinulus package isn't going to help too many individuals. That is "microeconomic thinking." The stimulus package is a Macroeconomic stategy for the overall U.S. economy. When Godzilla and Gamera fought (in many of their movies), they were trying to protect people, but ended up wrecking an entire city in the process; Trying to help the individual and having an effect on the entire city. Maybe not the best cause & effect example since the effect was usually the destruction of Tokoyo. Something small that can have a big effect is the interest rate you pay on your mortgage and compound interest. As a mortgage broker, I have a loan which is currently at 4.04% with NO negative amortization. The loan goes to $2.5 million dollars and has NO prepayment penalty. It's not for everyone...but it could be a way for your to lower your payments, pay off your loan faster, have more flexibility; Effecting you and eventually impacting the U.S. in a positive way. Everything counts in large amounts. Contact me, Pat Townsley for more on your purchase and refinance needs. http://www.ptre.net/ 415-485-1776.
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