TRANSCRIPT OF VIDEO BLOG: Hi, everybody. It’s Rowan Smith with Citywide Mortgage Services. The question I’m here to answer today is how do you minimize your mortgage penalties? The short answer is…you have to pick your lender very carefully. Now, on a variable‑rate mortgage, uniformly across the board, it’s essentially a three‑month interest penalty. However,
Transcript of Video Blog: Hi, everybody, it’s Rowan Smith with the Mortgage Center. I’m here to talk about biweekly payments and why they pay your mortgage down faster. Now, I want to use a nice simple example to show you why this works, because it’s no magic and it has nothing to do with just
In this video, I look at who is still offering 35 or 40 year amortizations and explain some recent changes in the market place. Video Transcript: Hi, everybody. It’s Rowan Smith from the Mortgage Center. It’s been a while since my last post and I wanted to provide an update on a couple of things
