Tag Archives: Mortgage loan

Mortgage Lengths – the Surprising Popularity of the 15-Year Mortgage

For most people, their home mortgage amounts to the most money they will ever borrow.  In Chapter 8 of Personal Finance, Turning Money into Wealth we look at “the mortgage decision” and lay out the steps you need to take … Continue reading

Posted in Ch. 8, Home and Auto | Tagged , , , , , , , , ,

Personal Finance in the News: The Mortgage Settlement – Class Discussion and Teaching Video

Teaching Tip:  Jean Chatzky has a short (3-4 minute) video from the Today show on the new “Mortgage Settlement” that summarizes what took place. In mid-February, 2012, the Justice Department announced a $25 billion settlement deal between 49 state attorneys … Continue reading

Posted in Ch. 7, Consumer Loans, Ch. 8, Home and Auto | Tagged , , , , , , , , ,