Educating the general public on the use of their mortgage, and getting the right mortgage, is a momentous task because of the way the majority of us have been brought us to understand money and mortgages.
There are not a lot of people who are talking about this new idea of getting an interest only loan or a power option mortgage to start using that principal to make it work for them. The way changes come about are when people start asking questions and not just taking for granted what has been taught in the past. As time goes by, new way of doing things will come up. However, the only way to bring about the new change is to question the current mantra.
This is what Ric Edelman has done. He has questioned the reasoning why homeowners pay off their mortgage--or want to pay it off in a hurry. For one thing, I'm glad he asked the questions to begin a thoughtful dialogue that has brought this new way to look at mortgages about.
What is currently happening is people are getting the education that will enable them to fully utilize their mortgage to make money. That education begins with knowing the new rules of money. Follow this link to the site to begin your education.
Sunday, December 17, 2006
Mortgage Education
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