Tuesday, February 25, 2014

A dollar just isn't what it used to be...

Dollar Giant in Victoria, Canada. Inflation has taken its toll on dollar stores.

What mortgage rate should you pick when buying or refinancing a house?

Purchasing or refinancing a home is the single largest financial decision most people make.  In fact, a mortgage payment is likely the largest monthly expense for most people, especially towards the beginning of the mortgage (over time the mortgage payment will become easier and easier to pay due to inflation).  One of the easiest paths to becoming rich is to keep your costs under control, and with the mortgage payment being one of the largest costs, choosing the right mortgage rate is incredibly important.