Let look at paradigm shift in thinking:
The "Old" Way of thinking...
First, get the lowest rate mortgage...
Then, start a bi-weekly payment plan...
And send in extra money whenever possible to reduce the principal balance...
This Depression Era mindset has been burned into the American psyche. Is it possible this is destroying your ability to achieve true financial freedom?
The New Rules of Money...
"You should get a big, 30 year mortgage and never pay it off." - Ric Edelman - New York Times Best-Selling Author of the New Rules of Money
The "New" Way of thinking...
Choose the best mortgage, not necessarily the one with the lowest rate...
Stay away from bi-weekly mortgage plans...
Never send extra money to your mortgage company...
Paying off your loan is like burying money in your backyard.
Your goal is to make the smallest payment with the biggest tax break possible. That means never paying off your mortgage.
To understand why, discover the Truth About Money by calling 410-553-2121
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