Remember how many people loaded up their credits cards and then refinanced to pay them off? Then in 2008, the mortgage lending bubble burst and home values dropped, banks went broke, and refinancing came to an end. How did this really hurt our nation? It trained...
In today’s credit-laden world it’s become very popular to consolidate debt through a home mortgage loan. However, not properly understanding the math behind this idea can add up to trouble for many borrowers who have rolled over a higher-interest-rate...
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