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What The Experts Are Saying!
WALL STREET JOURNAL -"A $70,000 mortgage at 10.5% annual interest produces savings of $60,000 when repaid on a bi-weekly schedule.
NEW YORK TIMES- "Bi-weekly Mortgage: A Way To Build Equity. A bi-weekly mortgage is best... for anyone who wants faster equity buildup. The idea of bi-weekly mortgages is 'simplicity itself'... The result: a reduced term, substantial savings in interest and acceleration of equity."
PARENT- "The simple fact is that a bi-weekly mortgage schedule not only saves the homeowner a bundle, but makes him or her a homeowner much sooner."
NATIONAL COUNCIL OF SAVINGS INSTITUTIONS- Bi-weekly payments are 'pro-consumer' because they correspond to America's paydays making mortgage payments much easier for homeowners who are on a tight budget or a have a difficult time saving money."
WASHINGTON POST- "It pays To Check Loans For Overcharges; Of 9,000 Adjustable Rate Mortgages checked, errors were found in nearly half. Average refund owed to the homeowner; $1,588.00."
The Housing Bubble Has Finally Burst
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